Sai Silks (Kalamandir) Limited IPO
Sai Silks (Kalamandir) Limited was a mainboard IPO, offered at ₹210–₹222 per share to raise ₹89 crore. The issue was subscribed 4.4× overall (QIBs 12.35×, NIIs 2.47×, retail 0.88×). It listed on 27 Sep 2023 at ₹231 and closed its first day at ₹245, a listing gain of +10.3% versus the ₹222 issue price. It now trades around ₹65 (-70.7% versus the issue price).
Frequently asked questions
- How many times was the Sai Silks (Kalamandir) Limited IPO subscribed?
- The Sai Silks (Kalamandir) Limited IPO was subscribed 4.4× overall — 12.35× in the QIB category, 2.47× among non-institutional investors, 0.88× in retail.
- What were the Sai Silks (Kalamandir) Limited IPO listing gains?
- Sai Silks (Kalamandir) Limited listed on 27 Sep 2023 at ₹231, closing its first day at ₹245 — a listing gain of +10.3% versus the ₹222 issue price.
- What were the retail allotment odds for the Sai Silks (Kalamandir) Limited IPO?
- Retail was subscribed 0.88×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 21 Sep 2023.
- What was the price band and lot size of the Sai Silks (Kalamandir) Limited IPO?
- The price band was ₹210–₹222 per share.