Silgo Retail IPO Dates Review, Price Band, Allotment & Market Lot

Silgo Retail Limited is incorporated in 2016 based in Jaipur. The company is a designer, manufacturer, wholesaler and retailer of silver jewellery. They have product range includes necklaces, bracelets, earrings, bangles, rings and more customized jewellery. Their major revenue comes from retailing. Their manufacturing facility is in Jaipur. They have over 65 employees on payroll. Silgo Retail ipo is starting from 27-September and ends on 03-October. The price band is around Rs.36 with 3000 market lot. The ipo size is around 4.88 crore rupees.

IPO Review:

• Avoid

Silgo Retail IPO Dates & Price Band:

• IPO Open: 27-September-2018
• IPO Close: 03-October-2018
• IPO Size: Approx Rs 04.88 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.36 Per Equity Share
• Listing on: NSE SME
• Shares: 1,356,000
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 3,000 Shares (Minimum Lot Size)
• Amount: Rs.1,08,000

IPO Allotment & Listing:

• Basis of Allotment: 09-October-2018
• Refunds: 10-October-2018
• Credit to demat accounts: 11-October-2018
• Listing: 12-October-2018

Financial Results:

Rs. in Crore
	Revenue	Expense	PAT
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	4.98	4.17	0.18
2018	16.47	15.15	0.95

Silgo Retail IPO Important Links:

• Grey Market Premium
• IPO Subscription Numbers
• IPO Allotment Status
  

Company Promoters:

• Nitin Jain
• Bela Agrawal

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

IPO Lead Managers:

• Aryaman Financial Services limited

Company Address:
Silgo Retail Limited
B–11, Mahalaxmi Nagar
Jawahar Lal Nehru Marg
Jaipur, Rajasthan– 302 017
Phone: +91 0141 4919655
Email: info@silgo.in
Website: www.silgo.in