June 25, 2025
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What is the last grey market premium of Silky Overseas IPO?
Listing Review: Will update on listing.
Subscription status of Silky Overseas IPO
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Silky Overseas IPO (Day 1) |
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| QIB | NII x | RII x | Total x | Applications |
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Silky Overseas IPO Allotment Link:
What is the business of Silky Overseas?
Founded in May 2016, Silky Overseas Limited has grown into a trusted name in the textile industry, known for crafting premium bedding essentials like blankets, bed sheets, and comforters. Operating under the brand Rian Décor, the company has built a reputation for delivering both comfort and quality.
End-to-End Manufacturing
With a vertically integrated facility in Gohana, Haryana, Silky Overseas handles every stage of production—from knitting and dyeing to processing, printing, and packaging—all under one roof. This control over the entire supply chain ensures consistency, efficiency, and excellence in every product.
A Diverse Product Portfolio
Silky Overseas caters to both domestic and global markets, offering a wide spectrum of textile solutions:
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Mink Blankets – Renowned for their ultra-soft texture, warmth, and eye-catching designs.
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Bed Sheets & Comforters – Available in a variety of sizes, patterns, and fabric blends to meet diverse consumer needs.
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Textile Yarns – High-quality yarns supporting various textile applications.
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PPE Kits & Body Coveralls – Introduced during the COVID-19 pandemic, reflecting the company’s agility and commitment to societal needs.
Global Reach & Standards
Silky Overseas products meet international benchmarks for quality and durability, making them a preferred choice for retailers, wholesalers, and institutional buyers. The company exports to key regions including the Middle East, Africa, and Southeast Asia, while maintaining a strong presence across India.
Workforce & Values
As of September 2024, the company employs 133 professionals dedicated to innovation, quality, and customer satisfaction.
Silky Overseas IPO Details
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Sector: |
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| IPO opens on | 30 June 2025 |
| IPO closes on | 2 July 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1905600 Shares / Rs 60.90 Crore |
| * Fresh Issue | – |
| * Offer for Sale – | – Shares/ Rs.? Crore |
| Market Maker Portion | ? Shares |
| Net offer to Public | ? Shares Rs.? Crores |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 153-161 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 800 Shares |
| Listing will at | NSE SME |
| Investor Category | Shares Offered | % | Rs. |
| Market Maker | – | ||
| QIB Shares | – | ||
| NII (HNI) | – | ||
| Retail | – | ||
| Total | 1905600 | 100 | |
| Application | Lots | Shares | Amount, Rs. |
| Retail (Min) | 1 | 800 | 1,28,800 |
| Retail (Max) | 1 | 800 | 1,28,800 |
| HNI (Min) | 2 | 21600 | 2,57,600 |
Who are the Promoters of Silky Overseas?
The company’s promoters are Mr. Sawar Mal Goyal, Mr. Ananya Goyal and M/s. S. M. Goyal & Sons (HUF).
What are the Objects of Silky Overseas IPO?
*Setting up of Additional Storage Facility Rs. 3.59
*Repayment/Pre-payment of Certain Debt Facilities Rs. 4.18
*Working Capital Requirement Rs. 10
*General Corporate Purposes
Silky Overseas IPO Timetable
Tentative timetable |
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| IPO opens on | 30 June 2025 |
| IPO Closes on | 2 July 2025 |
| IPO Allotment on | 3 July 2025 |
| Refund Initiation | 4 July 2025 |
| Credit of Shares | 4 July 2025 |
| Listing on | 7 July 2025 |
| Registered Office of the Company Silky Overseas Limited F-1, Plot No. A-48, 1st Floor BLK A, Wazirpur, IND Area Landmark NR. Opposite Fire Station, Wazir Pur III North West Delhi, New Delhi, 110052 |
| The Lead Manager of this IPO Gretex Corporate Services ltd |
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Who is the Registrar to IPO? Skyline Financial Services Pvt ltd |
Silky Overseas IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Silky Overseas Financials
| Period Ended | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
| Assets | 50.69 | 40.7 | 37.07 |
| Revenue | 70.26 | 68.35 | 50.17 |
| Profit After Tax | 5.53 | 0.98 | -0.42 |
| EBITDA | 11.01 | 5.35 | 2.97 |
| Net Worth | 15.14 | 4.61 | 3.59 |
| Reserves and Surplus | 10.68 | 0.75 | -0.26 |
| Total Borrowing | 25.72 | 28.8 | 31 |
| Amount in Rs. Crore | |||
Performance Indicators
| KPI | Values |
| ROE | 36.56% |
| ROCE | 39.54% |
| Debt/Equity | 1.7 |
| RoNW | 36.56% |
| PAT Margin | 7.94% |
| EBITDA Margin | 15.80% |
| Price to Book Value | 4.28 |
| EPS Rs. | 12.4 |
| PE Ratio | 12.98 |
How Silky Overseas IPO compares with the Peers?
| Company Name | P/E (x) | RoNW (%) |
| Silky Overseas Limited | 12.98 | 36.56 |
| Welspun Living | 30.14 | 14.27 |
| Trident Ltd. | 47.38 | 10.9 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Silky Overseas IPO Review by Paresh Gordhandas, CA & Research Analyst.
Founded in May 2016, Silky Overseas Limited has established itself as a reliable and quality-focused name in the textile industry. Specialising in premium bedding essentials—including blankets, bed sheets, and comforters—the company markets its products under the brand name Rian Décor, which is steadily gaining recognition for both comfort and craftsmanship.
Integrated Manufacturing Advantage
Operating from a vertically integrated facility in Gohana, Haryana, Silky Overseas controls the entire production lifecycle—from knitting and dyeing to processing, printing, and packaging. This unified setup allows for greater quality control, operational efficiency, and faster turnaround times, reinforcing its competitive edge.
Product Diversification & Market Reach
The company offers a broad portfolio of textile solutions for both domestic and international markets, including:
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Mink Blankets
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Bed Sheets & Comforters
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Textile Yarns
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PPE Kits & Body Coveralls (introduced during the pandemic)
Its ability to cater to varied consumer segments and respond to market demand reflects strategic foresight and operational adaptability.
Financial Growth – Promising, Yet Worth Scrutiny
In FY 2023–24, Silky Overseas reported a significant jump in financial performance:
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Revenue: Rs.70.26 crore
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Net Profit: Rs.5.53 crore
This is a sharp rise from the previous year’s Rs.98 lakh profit, following losses in earlier periods. While this turnaround is notable, the sudden improvement may prompt deeper evaluation. Key financial indicators to note include:
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High Inventory: Rs.16.68 crore
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Receivables: Rs.9.09 crore
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Loans & Advances: Rs.11.16 crore
These figures, relative to revenue, suggest elevated working capital intensity and warrant careful analysis by prospective investors.
IPO Snapshot – Scale & Sentiment
Silky Overseas is entering the market with a Rs.60.90 crore IPO—a substantial offering, especially in a market currently saturated with new issues. Given the volume of IPOs, oversubscription could be challenging unless backed by strong investor confidence and institutional participation.
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Fundamental Perspective: May avoid
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Grey Market Sentiment: [Pending]
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