Sai Silks (kalamandir)

Stocks to Watch Today: Aditya Birla Capital, Mazagon Dock, Dilip Buildcon, PNB Housing Finance, Sai Silks, RVNL, JK Tyre, Tata Capital in focus on 28 October

Stocks to Watch, 28 October: Stocks like Indus Towers, PNB Housing Finance, Mazagon Dock Shipbuilders, Sai Silks Kalamandir, JK Tyre and Industries, Adani Energy Solutions, Sona BLW Precision Forgings, Aditya Birla Capital, Dilip Buildcon, Epack Prefab Technologies, Rail Vikas Nigam, and Tata Chemicals will be in focus on October 28.

IPO Performance Check: Newly listed Sai Silks, Samhi Hotels, Signature Global, Zaggle Prepaid report drop in Q1FY24 earnings

Zaggle Prepaid Services reported an increase in revenue in Q1 but a drop in net profit; analysts see selling pressure on some of the companies due to disappointing results

Sai Silks stock climbs over 10% in market debut

On the NSE, it began the trade at Rs 231, up 4 per cent from the issue price. Shares of the firm later ended at Rs 245 per piece, rallying 10.36 per cent.

Sai Silks stock lists at 4% premium: Should investors hold, sell or buy more?

Sai Silks stock later gained to as high as Rs 244 intraday on NSE, up 10% from the IPO price of Rs 222.

Sai Silks Kalamandir lists at Rs 231, only 4% premium to IPO price

The retailer of ethnic apparel, particularly sarees in south India, will be using net fresh issue proceeds for the setting up of 30 new stores, two warehouses and working capital requirements

Sai Silks IPO to see lacklustre listing amid low GMP, weak markets

It has a network of 54 stores in Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu as of July 2023. The company offers a diverse range of products including ultra-premium and premium sarees, lehengas, and men's & children’s ethnic wear.

Signature Global, Sai Silks Kalamandir to debut in T+3 timeline on September 27

Since the start of September, several companies have preferred to go for listing in the new T+3 timeline instead of T+6, though it is voluntary to list in the new timeline till November 30

Sai Silks Kalamandir IPO subscribed 4.4 times, issue closes today

Sai Silks Kalamandir IPO | The trading in its equity shares will commence with effect from October 4, as per the IPO schedule.

Sai Silks initial public offering (IPO): Concerns on promoter pledge, low ROCE

The company’s public issue opened on September 20 to a tepid response. Here, in a pre-IPO interview with Moneycontrol, the management talks about the company’s key concerns.

Sai Silks Kalamandir IPO sees muted response on Day 2, with 33% subscription

Sai Silks Kalamandir IPO | The response by qualified institutional buyers (QIB) was better than HNIs and retail, who subscribed for 51 percent shares of their reserved portion, which is 50 percent of the IPO, on the second day

Sai Silks Kalamandir floats public issue, sees 7% booking on bidding debut

Sai Silks Kalamandir IPO | The Andhra Pradesh-based company aims to raise Rs 1,201 crore through its public issue at the upper price band.

Sai Silks Kalamandir mops up Rs 360 crore via anchor book, ahead of IPO

Sai Silks Kalamandir IPO | Global marquee investors Societe Generale, Citigroup Global Markets Mauritius, HSBC and BNP Paribas Arbitrage participated in the anchor book

Sai Silks Kalamandir price band set at Rs 210-222 per share for Rs 1,201-crore IPO

The fresh issue proceeds will be used for setting-up of 30 new stores at a cost of Rs 125.08 crore, two warehouses with a spend of Rs 25.4 crore, and more

Sai Silks Kalamandir IPO debuts on September 20; details here

Sai Silks Kalamandir IPO | The initial public offering comprises a fresh issuance of shares worth Rs 600 crore and an offer-for-sale of 2.7 crore equity shares by promoter group.

Sai Silks files draft papers with SEBI for IPO

The IPO will comprise a fresh issue of Rs 600 crore and an offer for sale of 1.8 crore shares by promoters