Silkflex Polymers (INDIA) Limited
ListedSMEChemicals / 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
₹15
+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 12 days ago
Overall Subscription
35.70x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
36.58x
High Net-Worth
Retail (RII)
34.82x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,652,000 | 60,434,000 | 36.58x |
| RETAIL | 1,652,000 | 57,522,000 | 34.82x |
| Total | 3,304,000 | 117,956,000 | 35.70x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 609 | 21,205 | 34.82x |
| HNIs (10L +) | 4 | 146 | 36.58x |
| HNIs (2-10L) | 19 | 695 | 36.58x |
| Total Applications | 632 | 22,046 | 34.88x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Silkflex Polymers (INDIA) Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is Silkflex Polymers (INDIA) Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Silkflex Polymers (INDIA) Limited IPO is ₹15 per equity share. Based on the upper price band of ₹52 to ₹52 per equity share, the estimated listing price is ₹67 (+28.9% expected listing gain).
What is the expected profit per lot for Silkflex Polymers (INDIA) Limited IPO?
With a lot size of 2000 shares and current GMP of ₹15, the expected profit per application lot is approx ₹30,000 (+28.9% gain). Minimum application cost is approx ₹1,04,000.
What is the issue size and price band for Silkflex Polymers (INDIA) Limited IPO?
The Silkflex Polymers (INDIA) Limited IPO aggregate issue size is ₹18.11 Crores with an equity price band set at ₹52 to ₹52 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,04,000.
How can I check Silkflex Polymers (INDIA) Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 35.70x (Retail: 34.82x, QIB: 0.00x, NII: 36.58x). You can track live multiples directly on our dedicated subscription page.
Where and when will Silkflex Polymers (INDIA) Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-05-13. Investors can verify status using PAN card or application number.
When is the listing date for Silkflex Polymers (INDIA) Limited IPO?
Silkflex Polymers (INDIA) Limited shares are scheduled to list on NSE on 2024-05-15.