IPO Details
Bidding Dates
30 Jun 25 - 02 Jul 25
Lot Size
800
Price Range ₹
153 - 161
Exchange Status
NSE
Total Equity
₹ 26.66Cr
IPO Doc
IPO Timeline
Offer start
30 Jun 2025
Offer end
02 Jul 2025
Allotment
03 Jul 2025
Refund initiation
04 Jul 2025
Demat transfer
04 Jul 2025
Listing
07 Jul 2025
Offer start
30 Jun 2025
Offer end
02 Jul 2025
Allotment
03 Jul 2025
Refund initiation
04 Jul 2025
Demat transfer
04 Jul 2025
Listing
07 Jul 2025
About Company
Incorporated in 2016, Silky Overseas Limited is a home textile manufacturer based in Gohana, Haryana, specializing in bedding essentials such as mink blankets, bedsheets, and comforters under the brand Rian Décor. With an integrated manufacturing setup covering knitting to packaging, the company delivers end-to-end solutions for domestic and international clients across the Middle East, Africa, and Southeast Asia. Silky Overseas leverages strategic sourcing to procure high-thread-count fabrics at reduced prices, allowing it to offer quality products at competitive rates. The company maintains strong infrastructure, invests in advanced machinery, and partners with reliable freight and inventory systems to support operational efficiency. It holds ISO 9001:2015 certification and employs 135 people. While the company has shown consistent revenue growth, it remains heavily reliant on a few key customers and suppliers, and operates from a single production unit in Haryana, making it vulnerable to regional disruptions. Additionally, negative cash flows and pending legal matters pose potential risks to its financial stability.
Year Founded
01-05-2016
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 86.38 | 0 |
| Share Capital | 3854500 | 0 |
Offer to Public
16,56,000.00 Cr
Project Details
- Working Capital Requirement - 100cr
- Repayment/Pre-payment of Certain Debt Facilities - 41.771cr
- Setting up of Additional Storage Facility - 35.941cr
Objectives
- a) Setting up of Additional Storage Facilityb) Repayment/Pre-payment of Certain Debt Facilitiesc) Working Capital Requirementsd) General Corporate Purposes
Highlights
- Integrated manufacturing setup with in-house capabilities from knitting to packaging ensures quality control and cost efficiency.
- Strategic sourcing of high-thread-count fabric at reduced prices enhances margins and product competitiveness.
- Strong domestic and international presence, exporting to the Middle East, Africa, and Southeast Asia.
- Continuous investment in advanced machinery and inventory systems improves operational efficiency.
- Holds ISO 9001:2015 certification, reflecting its commitment to quality management systems.
Challenges
- Heavy reliance on blankets for revenue (~65% in FY24) makes it vulnerable to seasonal and demand fluctuations.
- High dependence on top customers and suppliers — any disruption could significantly impact business.
- Single-location manufacturing facility in Haryana increases operational risk due to regional issues.
- Reported negative cash flows in operating, investing, and financing activities, indicating liquidity challenges.
- Ongoing legal proceedings involving the company and promoters pose potential reputational and financial risks.
