Silgo Retail IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 4.88 Cr. The company is based in Jaipur and caters to Jewellery sector. Aryaman Financial Services is the merchant banker of Silgo Retail IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th August 2018.
Silgo Retail IPO open date is 27th September 2018 and close date is 3rd October 2018. IPO Allotment Date is 8th October 2018 and Listing date is 10th October 2018.Silgo Retail IPO size is ₹ 4.88 Cr. with IPO price of ₹ 36.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Silgo Retail IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Aryaman Capital Markets Limited for Silgo Retail IPO.
Silgo Retail IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Silgo Retail IPO, based in Jaipur, operates in the Jewellery sector with a focus on retailing of silver jewellery.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Silgo Retail IPO size is ₹ 4.88 Cr. with fresh issue size of ₹ 4.88 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Silgo Retail IPO is expected to be 8th October 2018, after the finalization of basis of allotment. Investors can check Silgo Retail IPO allotment status on the registrars website, Bigshare Services Private Limited . Silgo Retail IPO refund dates are 9th October 2018.
Silgo Retail IPO is expected to be listed on 10th October 2018.
The upper price band for the Silgo Retail IPO is set at ₹ 36.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Silgo Retail IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Silgo Retail IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd October 2018. After submission, funds are blocked until the basis of allotment of Silgo Retail IPO is finalised.
The merchant banker for Silgo Retail IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Silgo Retail IPO RHP for further details.
The registrar for Silgo Retail IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Silgo Retail IPO through their official website or helpline.
Silgo Retail IPO was subscribed 1.23 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Silgo Retail IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Silgo Retail Financial Review Page
Merchant Banker(s) of Silgo Retail IPO: Aryaman Financial Services Limited
Silgo Retail IPO subscription was 1.23 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Silgo Retail IPO listed at a listing price of 36.10 against the offer price of 36.00.
The current market price of Silgo Retail is 53.00.
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