
Chemicals / Specialty Chemicals · NSE
Founded in 2016, Silkflex Polymers (India) Limited is a top manufacturer of garment printing inks, producing 1,000 MT per month. What sets the company apart is its in-house ink formulation, from polymer and resin synthesis to the final product. This integrated approach allows for precise customization, ensuring high performance. Silkflex Polymers is a trusted supplier for global brands like PUMA, C&A, and H&M, with a growing presence in European markets such as Portugal, Turkey, and Spain. Beyond garment printing inks, Silkflex Polymers Sdn. Bhd. leads in eco-friendly wood coatings with Silkflex Wood Coating—a water-based, low-VOC alternative to traditional solvent-based lacquers. Recognized by top furniture brands and prestigious establishments worldwide, it represents sustainable innovation in wood finishes. With a dedicated team of 28 employees (as of December 2023), Silkflex Polymers continues to drive quality, innovation, and eco-conscious solutions in the industry.
Price Band
₹52
Issue Size
₹18.11 Cr
Lot Size
2000 shares
GMP
+28.9%
Est. Listing
₹67
at current GMP
Subscribed
35.70x
overall
Open
7 May 2024
Close
10 May 2024
Allotment
13 May 2024
Refund
14 May 2024
Demat Credit
15 May 2024
Listing
15 May 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹52
Band: ₹52
Estimated Listing Price
₹67
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,04,000
Estimated Profit / Lot
₹30,000
2000 × ₹15
Grey Market Premium trend
+₹15
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹15 | 28.9% | ₹67 |
| 30 Oct 2026 | +₹15 | 28.9% | ₹67 |
| 29 Oct 2026 | +₹14 | 26.0% | ₹66 |
GMP is unofficial market data. Not a guarantee of listing performance.
Silkflex Polymers (INDIA) Limited is bringing an initial public offering (IPO) in the Chemicals / Specialty Chemicals sector with an aggregate issue size of ₹18.11 Crores. The shares are offered at a price band of ₹52 to ₹52 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-05-10, the basis of allotment is scheduled to be finalized on 2024-05-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Silkflex Polymers (INDIA) Limited IPO is ₹15, which indicates an expected listing price of ₹67.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.