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SILKFLEXSME / NSEListed
Silkflex Polymers (INDIA)

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.

DRHP
₹52 - ₹5235.7x sub
Listed Price₹60.00
Listing Gain+15.38%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open07 May 2024
Close10 May 2024
Allotment13 May 2024
Listing15 May 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,52,000 shares
47.5%
Other16,52,000 shares
47.5%
Market Maker1,78,000 shares
5%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,04,000
HNI2 Lots (4,000 shares)
₹2,08,000

Company Promoters

Mr Tushar Lalit Kumar SanghaviMs Urmi Raj MehtaM/s. Tushar Lalitkumar Sanghavi HUFM/s. Lalitbhai H Sanghvi HUF

Company Background

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 truste...

Lead Managers & Bankers

Shreni Shares Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹3381.55 Cr
Growth+61.3%
Revenue Trend (₹ in Crores)
0.01.3k2.6k4.0kMar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-233,381.55256.663,446.351,716.18
Mar-233,442.2578.592,374.731,208.31
Mar-222,804.5268.591,968.81994.50
Mar-212,096.0745.351,314.06612.81

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-233.1623.91%0%3.9453.76
Mar-230.9710.11%0%00
Mar-220.8510.96%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
13 May 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
15 May 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Silkflex Polymers (INDIA). Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization13 May 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date15 May 2024Trading commences on exchange

How to Check Silkflex Polymers (INDIA) Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Silkflex Polymers (INDIA) from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Silkflex Polymers (INDIA) IPO

Complete issue overview for Silkflex Polymers (INDIA) (SILKFLEX) IPO. The issue features an equity share price band of ₹52 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,04,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions