Sai Silks IPO GMP today, price, review, lot size, allotment date

You will find the critical details about Sai Silks GMP IPO today, price, review, lot size and allotment date from here. The best thing about the stock market is that any type of industry and organization participates in it. Today we will discuss the GMP IPO of Sai Silks for your convenience.

Sai Silks IPO GMP today

Sai Silks has been providing its services for 17 years. Assets, positive customer feedback, legacy, ethics and more have added to the overall market value. Therefore, investors are waiting to use the money for Sai Silks’ GMP IPO.

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Sai Silks IPO GMP Today is 7 with lot sizes 1 to 13 which are 67 to 871. Investors must commit to further reading the vital information to make the decision whether to invest in the GMP IPO or not.

Sai Silks share price

The price band is Rs 210 to Rs 222 per share. The retail minimum and maximum have already been discussed for Sai Silks. SNHI (min) for 14 lots is Rs 208,236, SNHI (Max) for 67 lots is Rs 996,558 and BHNI (Min) for 68 lots is Rs 1,011,432.

Talking about the Reserve, then QIB is 50%, HNI Shares are 15% and Retail Shares are 15%. The company has assets worth Rs 1,220.45 crore, which implies that there is no question of investing in the stock.

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Sai Silks IPO GMP Overview Today

Article title Sai Silks IPO GMP today
Company Name Sai Silks
Industry type Textile
Lot Size 67
Problem size 1,201.00 rupees
Promoter tenure problem 60.80%
Total assets in FY23 1220.45 rupees
Offer for sale 2,072,000
Participation in shares before and after issue 126,339,085 to 153,366,112
Sai Silks IPO GMP today 7
IPO GMP Start Date September 20
Last award date September 22, 202
Final assignment September 27, 2023
Listed in BSE/ENE
To know more information Click here

Sai Silks IPO GMP Review

The company has branches in different parts of the country such as Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, etc. for the sale of garments. The brand ensures quality with an assured product warranty. In fiscal 2020, its market size was $55.9 billion, which reduced to $51.4 billion in 2022. Overall earnings are estimated to improve in the coming fiscal years to about twenty-one%.

According to Sai Silks IPO GMP Review, the retail investment will be Rs 14,874 for the issue size of Rs 1,201.00 cr. From this information we can analyze that it is a good time for investors to look for the required actions. However, they should not delay the process to get the maximum number of benefits. However, these details may vary depending on the market capitalization of Sai Silks.

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Sai Silk Lot Size

Sai Silks has adhered to the policies required to be listed publicly. In the last few years, the company has dealt with clients who have contributed to increasing the overall value of the brand in terms of the Indian market. Therefore, the right time has come for investors to check the lot size and start using their money to make profits from Sai Silks IPO GMP Today.

67 is the lot size of Sai Silks, which seems to be an appropriate size. From 1 to 13, the total shares range from 767 to 871 as discussed earlier in this article. The company is making profits, so investors can use this time to make an immediate investment.

Sai Silks Allotment Date

Subscription for Sai Silks IPO will begin on September 20 and end on September 22, 2023. However, the final allotment will take place on September 27, 2023 to the investors.

After allotment, investors will want to check the status of allotment. They can do this by visiting the official website of Bigshare Services Pvt Ltd. Investors will have to enter their ID, PAN number and more details on the website to know the status. Another way to know the status is by calling the concerned officials of Bigshare Services Pvt Ltd at (91) 2262638200 or sending an email to [email protected].

It takes many years, hard work, consistency and the right approach for a company like Sai Silks to become listed on the stock market. Now that it is listed on NSE/BSE, you should find the right opportunity to make a thorough investment in the brand. Considering that you are new to the share market, it is advisable to consult an agent for the same.

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Categories: Finance
Source: vtt.edu.vn

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