31 Mar 2021
Assets13.14
Total Income20.96
Profit After Tax0.45
NET Worth5.14
Reserves and Surplus3.08
Total Borrowing6.13
At a glance
Updated 2026-08-24The shares listed at ₹60.00, a 15.38% move from the issue price. Silkflex Polymers is a SME IPO with an issue size of ₹18.11 crore, proposed for listing on NSE SME. The offer opens on 7th May 2024 and closes on 10th May 2024. The issue structure includes a fresh issue of ₹17.18 crore. The current listing schedule points to 15th May 2024.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹18.11 Cr
Fresh issue₹17.18 Cr
Face value₹10
Price band—–—
Allotment13th May 2024
Listing15th May 2024
Listing performance
Full performance ↗Issue price₹52.00
Listing price₹60.00
Current price—
Listing gain15.38%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹15.00
GMP / upper priceNO DATA
Est. listing₹67.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens7th May 2024
Closes10th May 2024
Allotment13th May 2024
Refund14th May 2024
Demat14th May 2024
Listing15th May 2024
Subscription demand
Full bidding ↗Total39.30×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Acquisition of land | ₹5.53 Cr |
| Funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries | ₹2.08 Cr |
| Funding Working Capital Requirements of the Company | ₹4.68 Cr |
| General corporate purposes | ₹4.11 Cr |
Financials
Full financials ↗31 Mar 2022
Assets19.69
Total Income28.05
Profit After Tax0.69
NET Worth7.38
Reserves and Surplus4.88
Total Borrowing9.95
31 Mar 2023
Assets23.75
Total Income34.42
Profit After Tax0.79
NET Worth8.17
Reserves and Surplus5.67
Total Borrowing12.08
31 Dec 2023
Assets34.46
Total Income33.82
Profit After Tax2.57
NET Worth10.73
Reserves and Surplus2.61
Total Borrowing17.16
Trend chart₹ crore
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 23.91% |
| ROCE | 41.04% |
| Debt / Equity | 1.60% |
| RoNW | 23.91% |
| PAT Margin | 7.67% |
| Price to Book Value | 3.94 |
Valuation & shareholding
Pre-IPO EPS0.97
Post-IPO EPS2.95
Pre-IPO P/E53.76
Post-IPO P/E17.64
Promoter holding pre99.84%
Promoter holding post69.89%
Market cap₹60.36 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manger Fees including Underwriting Commission | ₹0.72 Cr |
| Brokerage, selling commission and upload fees | ₹0.00 Cr |
| Registrar to the Issue | ₹0.02 Cr |
| Legal Advisors | ₹0.02 Cr |
| Advertising and marketing expenses | ₹0.02 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and distribution of offer stationary | ₹0.01 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, consultancy, advisors, peer review auditors, etc.) | ₹0.89 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Shreni Shares Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.