Silgo Retail Limited SME IPO Details

Silgo Retail is engaged in the business of designing, manufacturing, retailing and wholesaling of silver jewellery. The company deals in silver jewellery and offers a wide variety of designs to suit the preferences of the end customers. With regional diversity of tastes and preferences, it has diverse portfolio of ornaments and jewellery to suit the taste and preferences.

Its products include silver jewellery with varied range of designs and the product portfolio includes rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewellery based on customer demand. Its online products are hallmarked jewellery certified by BIS and every product is cast in 925 sterling sliver. The company offers 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. It has a dedicated and efficient design team, focused on developing new products and designs that meet customers’ requirements using the latest 3D Computer-Aided Designing (CAD) Software.

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

Company Promoters:

• Nitin Jain
• Bela Agrawal

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