Silky Overseas IPO Details
The key details of Silky Overseas’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹30.68 Cr |
| Price Range | ₹153 - ₹161 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 800 |
| Investment (cut-off price) | ₹1,28,800 |
| Pre IPO Promotor Holding | 86.38% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Silky Overseas IPO Timelines
The IPO process for Silky Overseas includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
30/06/2025
Start Date02/07/2025
End Date04/07/2025
Refund Initiation04/07/2025
Credit of Shares to Demat Ac07/07/2025
Listing DateSilky Overseas IPO Lot Size
The Silky Overseas IPO has a fixed lot size of 800 shares, at an upper price band of ₹161 per share, requiring ₹128,800 per lot for retail investors. For HNI investors, the minimum application is 1,600 shares (2 lots) amounting to ₹257,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹1,28,800 |
| Retail Maximum | 1 | 800 | ₹1,28,800 |
| HNI Minimum | 2 | 1600 | ₹2,57,600 |
Silky Overseas IPO Subscription Status
The subscription status for Silky Overseas IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 61.04x | 396.65x | 85.24x | -- | 145.13x |
IPO Performance on Listing Day
On the listing day (July 7, 2025), Silky Overseas made a steady debut on the stock exchange. The stock opened at ₹171, delivering a modest premium of 6.2% over its issue price of ₹161. Throughout the trading session, the stock remained range-bound, climbing to a high of ₹171 while touching a low of ₹162.45. The shares concluded their first trading day at ₹162.45, closing with a marginal gain of 0.9% over the issue price, reflecting cautious investor sentiment towards this textile export company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹171.00 | ₹162.45 | ₹171.00 | ₹162.45 |
Silky Overseas IPO Company Financials
Silky Overseas reports robust performance in FY2024 with Total Income of ₹70.26 crores, managing expenses at ₹62.76 crores, and achieving a strong PAT (Profit After Tax) of ₹5.53 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹50.17 | ₹50.57 | -₹0.42 |
| FY 2023 | ₹68.35 | ₹66.88 | ₹0.98 |
| FY 2024 | ₹70.26 | ₹62.76 | ₹5.53 |
About Company
Incorporated in May 2016, Silky Overseas Limited is engaged in the manufacturing of bedding essentials, with a focus on products such as mink blankets, bed sheets, and comforters. Operating under the brand name Rian Décor, the company carries out a fully integrated production process—including knitting, dyeing, processing, printing, and packaging—at its manufacturing facility in Gohana, Haryana. This in-house approach ensures quality control and efficient production across all stages.
Silky Overseas Limited offers a wide range of products, including soft and warm mink blankets, bed sheets and comforters in various sizes and fabric blends, and textile yarns used in different industrial applications. The company also expanded its product line during the COVID-19 pandemic to include protective gear such as PPE kits and body coveralls. With a strong presence in the domestic market and active exports to the Middle East, Africa, and Southeast Asia, the company continues to grow its reach. As of May 31, 2025, it employed 135 people.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2016 | Textile | Sawar Mal Goyal |
Know Before Investing
Silky Overseas IPO Strengths
- Silky Overseas manages the entire production chain—knitting, dyeing, processing, printing, and packaging—under one roof, ensuring quality control and operational efficiency.
- The company manufactures and supplies a wide range of premium bedding essentials, including blankets, bed sheets, comforters, and curtains, under the Rian Décor brand.
- Silky Overseas sources high thread count fabric at lower prices, enabling the delivery of superior quality products at competitive rates.
- The company has a solid presence in Haryana and distributes products across states like West Bengal, Assam, Punjab, New Delhi, and Bihar.
- Silky Overseas sells products through its own website and major e-commerce platforms such as Flipkart, Snapdeal, Ajio, Walmart, and Meesho, expanding its reach.
- The company has demonstrated strong growth in profitability, with a notable increase in net profit margin and return on equity over recent years.
Silky Overseas IPO Risks
- Revenue depends on order flows and market demand, leading to uneven cash flows and financial uncertainty.
- The home textiles sector is highly competitive, with both domestic and international players, potentially pressuring margins and market share.
- While the company distributes across several states, its core operations are concentrated in specific regions, making it vulnerable to local economic or regulatory disruptions.
- The company is exposed to fluctuations in the prices of cotton and other textiles, which can impact production costs and profitability.
- Silky Overseas must comply with evolving textile, labor, and environmental regulations, with non-compliance risking penalties or operational disruptions.
- The business relies on a specialized workforce; any loss of key personnel or high turnover could affect product quality and operational efficiency.
Swot Analysis for Silky Overseas IPO
Strengths
Integrated Manufacturing Facility, Diverse Product Portfolio, Export Capabilities
Weaknesses
Regional Concentration, Moderate Scale, Dependence on Textile Sector
Opportunities
Export Market Expansion, Product Diversification, E-commerce Growth
Threats
Intense Competition, Raw Material Volatility, Regulatory and Compliance Risks
Company Details
Silky Overseas Limited
F-1, Plot No. A-48, 1st Floor, BLK A, Wazirpur, IND Area Landmark, NR. Opposite Fire Station, Wazir Pur III, Northwest Delhi, Delhi-110052, India
Phone: 7404088823
Email: info@silkyoverseas.com
Website: http://silkyoverseas.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Silky Overseas IPO are:
- Setting up of Additional Storage Facility
- Repayment/Pre-payment of Certain Debt Facilities
- Working Capital Requirement
- General Corporate Purposes
Gretex Corporate Services Limited is the book-running lead managers for the Silky Overseas IPO.
Silky Overseas IPO shows strong growth potential, driven by rising demand in the home textiles sector amid urbanization, increasing disposable incomes, and expanding e-commerce reach. Its significant revenue and profitability improvement—from a ₹0.42 crore loss in FY2022 to a ₹5.53 crore profit in FY2024—demonstrates operational efficiency and market traction.
The issue price for the Silky Overseas IPO is set between ₹153 to ₹161 per share.
To invest in one lot of Silky Overseas IPO, you need ₹1,22,400 at the lower price band (₹153 per share) or ₹1,28,800 at the upper price band (₹161 per share) for a lot size of 800 shares.
Silky Overseas IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on July 7, 2025.
Refund/unblocking of funds for Silky Overseas IPO will begin on July 4, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Silky Overseas IPO shares on listing day (July 7, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.