The Sai Silks Kalamandir IPO minimum market lot is 67 shares with â‚ą14,874 application amount. The Sai Silks Kalamandir IPO is a Mainline IPO, and it is to be listed on BSE and NSE.
Sai Silks (Kalamandir) is one of the largest retailers of ethnic apparel, particularly sarees, in south India in terms of revenues and profit after tax in Fiscal 2019, 2020, and 2021. Through their four store formats, i.e., Kalamandir, VaraMahalakshmi Silks, Mandir, and KLM Fashion Mall, they offer our products to various segments of the market that include premium ethnic fashion, ethnic fashion for middle income, and value-fashion, with a variety of products across different price points, thereby catering to customers across all market segments. They leverage their store network of 46 stores as of May 31, 2022, to focus on spreading India’s vibrant culture, traditions, and heritage by offering a diverse range of products which includes various types of ultra-premium and premium sarees suitable for weddings, party wear, as well as occasional and daily wear; lehengas, men’s ethnic wear, children’s ethnic wear and value fashion products comprising fusion wear and western wear for women, men and children.
IPOWatch View
We recommend investors may apply for an IPO with long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Sai Silks Kalamandir IPO Subscription Status – Day 3
| Category | Subscription Numbers |
| QIB | 12.17 |
| NII | 2.54 |
| bNII | 3.03 |
| sNII | 1.57 |
| RII | 0.91 |
| Total | 4.47 |
Sai Silks Kalamandir IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sai Silks Kalamandir IPO Review
- May Apply
Sai Silks Kalamandir IPO Form
How to apply for the Sai Silks Kalamandir IPO? You can apply for Sai Silks Kalamandir IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sai Silks Kalamandir IPO in the Invest section. The other option is you can apply for Sai Silks Kalamandir IPO via IPO forms downloaded online. Check out the Sai Silks Kalamandir forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
6 Responses
I particularly appreciate the attention to detail that goes into every aspect of the store. The ambiance is soothing and conducive to unhurried shopping, allowing customers to appreciate the intricacies of each saree. The store’s commitment to quality is also reflected in the impeccable stitching and finishing of the sarees, ensuring they are ready to wear and make a statement.