About the Company:
Silgo Retail Ltd is engaged in the business of designing, manufacturing, retailing and wholesaling of silver jewellery.
Company deals in silver jewellery and offer a wide variety of designs to suit the preferences of the end customers.
Company’s product portfolio includes rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewellery based on customer demand.
They offer a wide range of products in silver jewellery for special occasions such as weddings and festivals to daily wear jewellery for all ages, genders and across various price points.
Management Team:
- Mr. Nitin Jain (Designation: Managing Director)
- Mrs.Bela Agrawal (Designation: Chairperson & Whole- time Director)
- Mrs. Anjana Jain (Designation: Additional Non- Executive Director)
Objectives of the Issue:
- Funding Long Term Working Capital Requirements.
- Funding Expenditure for General Corporate Purposes.
Peer Group Comparison:
We believe that there is no other listed company which is specifically comparable to Silgo Retail Ltd w.r.t. business i.e. designing, manufacturing, retailing and wholesaling of silver jewellery.
Financials of the Company:
| (in Crores) | FY 17 | FY 18 |
|---|---|---|
| Revenue | 4.97 | 16.46 |
| Net Profit | 0.18 | 0.95 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 27th September 2018 |
| Issue Closes on:. | 3rd October 2018 |
| Issue Price | Rs.36 |
| Face Value | Rs.10 |
| Minimum Lot | 3000 Shares |
| Minimum Investment | Rs.1,08,000 |
| Issue Constitutes | 26.77% |
| Issue Size | Rs.4.88 cr |
| Market Cap | Rs.18.233 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 13,56,000 |
| Equity Shares Prior to the Issue | 37,10,000 |
| Equity Shares after the Issue | 50,66,000 |
Important Dates:
| Finalization of Basis of Allotment | on or Before 8th October 2018 |
| Initiation of Refunds | on or Before 9th October 2018 |
| Credit of Equity Shares: | on or Before 10th October 2018 |
| Listing Date: | on or Before 11th October 2018 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 4.22 | 8.53 | 83.30% | 17.01 |
| Check IPO Allotment Status: |
|---|
Bigshare Website (Click on the below link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
Knowledge Corner: (Click on the Link)
| Company Contact Info: |
|---|
| Silgo Retail Ltd B-11, Mahalaxmi Nagar, Jawahar Lal Nehru Marg, Jaipur, Rajasthan- 302 017. Tel No: +91-0141-4919655 Email: info@silgo.in Website: www.silgo.in |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai – 400 059 Tel No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299; Email: ipo@bigshareonline.com; Website: www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| ARYAMAN FINANCIAL SERVICES LIMITED 60, Khatau Building, Ground Floor, Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001 Tel No.: +91 – 22 – 6216 6999 Fax No.: +91 – 22 – 2263 0434 Email: ipo@afsl.co.in Website: www.afsl.co.in |
