Silky Overseas IPO Date, Price, GMP, Review, Details

The investment at Silky Overseas Limited, a babe IPO, provides an opportunity to invest in a fleecing textile and trading firm. Silky Overseas Limited, based in New Delhi, has made a significant turnaround and growth in the past few years. As a national capital region-based company, we have excellent bookkeeping for domestic and international markets, but more specifically, our travel routes lead to homes. 

The IPO for Silky Overseas is at ₹85 per share, with the issue price of ₹47.83 Crores, and will be listed to the BSE SME platform, with an anticipated listing price at premium at 38.82 per cent (₹118), shows how much market demand and enthusiasm there is for the company transformation story. Many retail investors are tracking the silky overseas ipo gmp today and comparing it to the future gains of other SME listings from the IPO list.

IPO Dates for Silky Overseas Limited

The Silky Overseas Limited IPO is scheduled to open on June 27, 2025, and close on July 1, 2025. The allocation date is expected to be announced by July 2, 2025, with listing planned for July 4, 2025.

IPO Details Summary

Investors are closely watching the gmp of Silky Overseas IPO, which currently shows strong demand ahead of listing. This IPO is also part of the growing Silky Overseas IPO list on the BSE SME platform.

About Silky Overseas Limited

Silky Overseas Limited is a rising textile and trading company headquartered in New Delhi. In the past few years, the company has completely turned from multiple years of losses to now returning strong profits. Their position of being located in New Delhi has tremendous domestic markets to access and other domestic markets in the world, and large infrastructure was complemented by strong infrastructure for export-oriented businesses too.  Across their financial performance, they have been able to raise earnings impressively, which is evidence of good business fundamentals,, and they have been able to restructure their management.              

The company still maintains an active market presence in the textiles manufacturing and trading industry and has a good market position to further develop and grow (developing and growing in the domestic market and overseas). 

In this IPO, the Company has a fresh issue of ₹47.83 crores - a 100% fresh issue. The funds from the IPO will be used in offering the Company to expand the business, increase its production capacity of the Company’s traded and manufactured product lines, facilitate its working capital requirements, upgrade manufacturing infrastructure, and enhance the Company’s position in markets across its areas of operations. Investors are actively tracking the Silky Overseas IPO GMP, and the current premiums suggest the market believes the Company has a positive turnaround story.

Financial Performance of Silky Overseas Limited

The company has exhibited an outstanding financial turnaround with remarkable improvement across key metrics:

Performance Analysis

Silky Overseas Limited has an outstanding financial transformation story, with total assets growing from ₹37.07 crores in FY22 to ₹50.69 crores in FY24, signifying consistent asset base expansion. Revenues have really increased to ₹70.26 crores in FY24, showing the company's capacity to expand operations and capture market opportunities. But the most startling transformation is that of profitability - they transformed from losses of ₹0.42 crores in FY22 to profits of ₹5.53 crores in FY24, showing not only that the company was successful in its restructuring efforts on its business. EBITDA improved remarkably, climbing from ₹2.97 crores to ₹11.01 crores, with EBITDA margins improving to a good and improving margin of approximately 16%, suggesting enhanced operational cost effectiveness. In terms of net worth, the company has increased its net worth over four times, moving to ₹15.14 crores. From total borrowings of ₹31.00 crores, the company has an improved balance sheet, with lower total borrowings of ₹25.72 crores! 

Investors often compare the financials and Silky Overseas IPO GMP today across other textile and trading companies in the IPO list to gauge potential value and turnaround success stories.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines for SME listings:

Know Before Investing

Strengths

1. Exceptional Turnaround Story:
The company has transformed from a loss to profitability, demonstrating clear management execution and restructuring capability.

2. Strong Revenue Growth:
Revenue growth from ₹50.17 crores to ₹70.26 crores proves the scaling of operations and capturing market share opportunities in the textile sector.

3. Improved Profitability:
Improvement in profit after tax (PAT) from negative ₹0.42 crores to positive ₹5.53 crores represents exceptional operational and cost management improvement.

4. Improved EBITDA:
Growth in EBITDA from ₹2.97 crores to ₹11.01 crores, with improved EBITDA margins, demonstrates significant operational leverage and efficiency.

5. Reduced Debt:
Reduction in total borrowings from ₹31.00 crores to ₹25.72 crores demonstrates improved financial management and reduced financial risk.

6. Ideal Location:
The location in Delhi provides excellent connectivity to key domestic markets and international trade routes, benefiting textile exports.

7. Strengthened Balance Sheet:
Growth of net worth from ₹3.59 crores to ₹15.14 crores demonstrates solid capital base building and retained earnings accumulation.

8. Management Execution:
Consistent improvement in all financial metrics highlights strong leadership and management execution capabilities.

Risks

1. Industry Cyclicality:
The textile industry is cyclical; demand may fluctuate based on fashion trends and raw material prices, affecting margins.

2. Export Dependency:
International operations are susceptible to currency movements, trade policies, and global economic conditions.

3. SME Platform Risks:
BSE SME listings typically have lower liquidity and higher volatility than main board listings.

4. Competitive Intensity:
High competition from domestic and international textile companies impacts pricing power and market share.

5. Raw Material Prices:
Fluctuations in cotton and other raw material prices can materially affect production costs and profitability.

6. Regulatory Changes:
Shifts in export policies, GST rates, and environmental norms may impact business operations.

7. Working Capital Management:
Textile businesses often face challenges in managing receivables and inventory cycles effectively.

8. Scale Sustainability:
The company must prove that its turnaround performance is sustainable as it grows in scale

How to Apply for Silky Overseas Limited IPO?

Step-by-step guide (when IPO opens):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)

2. Navigate to the IPO section and select Silky Overseas Limited IPO

3. Click "Apply"

4. Enter:

   • Lot size (minimum 1,600 shares)
   • Bid price (₹85 or select Cut-Off)
   • Your UPI ID

5. Submit the application

6. Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: Mandate must be approved before 5 PM on the same day or before IPO closes.

How to Check Silky Overseas IPO Allotment Status?

Check on BSE

• Visit the BSE website
• Go to the IPO Allotment Section
• Select Silky Overseas Limited IPO
• Enter PAN number or application number
• Submit details to view IPO allotment status

Check on the Registrar Portal

• Visit Skyline Financial Services IPO Portal
• Select IPO Allotment Status
• Choose Silky Overseas Limited IPO
• Enter PAN or application number
• Submit to check status

Company Address

Name: Silky Overseas Limited
Address: 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
Phone: 7404088823
Email: info@silkyoverseas.com
Website: www.silkyoverseas.com

IPO Registrar

Name: Skyline Financial Services Private Ltd
Address: D-153A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi -110020
Phone: +91 22 2851 1022
Email: ipo@skylinerta.com
Website: www.skylinerta.com/ipo.php

Conclusion

Silky Overseas Limited's IPO is a compelling opportunity for investors wanting to join in on a remarkable corporate turnaround story. The company has turned around its finances from losses to profits, with revenue growing to ₹70.26 crores with a healthy profit margin. The IPO price is ₹85 per share with an issue size of ₹47.83 crore, and the expected listing premium of 38.82% indicates strong confidence from investors about the company achieving its successful restructuring. 

As the company is located in Delhi, it has access to local and international markets. The textile industry offers several growth opportunities as India continues to expand its manufacturing sector as well. The company's successful debt repayments and improved working capital management-enhanced discipline, illustrate its strong financial arrangement. Investors should be cognizant of the cyclical textile industry risks and SME platform risks, such as volatility and limited liquidity post-listing. 

With retail investors tracking Silky Overseas IPO GMP today, checking Silky Overseas IPO allotment status, and reading about turnaround stories in the textile sector IPO list, there may be a compelling SME IPO opportunity for investors seeking exposure to India textile manufacturing recovery themes.

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Disclaimer: This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in small and medium enterprises are subject to higher risks, including market volatility, limited liquidity, and sector-specific challenges.

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