Silky Overseas manufactures and supplies a broad range of bedding products, including blankets, bed sheets, and comforters. The company operates an integrated manufacturing facility where processes like knitting, dyeing, processing, and packaging are done under one roof. This improves operational efficiency and product quality.

IPO Details at a Glance

GMP (Grey Market Premium) Today

• Current GMP: ₹0

• Upper Price Band: ₹161

• Expected Listing Price: ₹161

• Estimated Listing Gain: 0%

Disclaimer: Grey market data is speculative and unofficial.

About the Company

Silky Overseas’ product range includes:

• Blankets, Comforters, Bed Sheets, and more

• Fully in-house processing unit (knitting to packaging)

• Products designed for comfort, durability, and consistency

Promoter Background

• Mr. Sawar Mal Goyal – 15+ years of entrepreneurial experience, including prior work in the stainless steel sector

• Mr. Ananya Goyal – 8+ years of experience with roles in Waxpol Industries, ICICI Prudential, and global platforms like AIESEC

Financial Performance (₹ in Lakh)

The company shows a consistent growth trajectory, especially in profitability.

Valuation & Key Ratios

These ratios reflect strong operational efficiency, but valuation is slightly stretched post-issue.

Use of IPO Proceeds

Proceeds will be utilised for:

• Working capital needs

• Business expansion

• Corporate purposes

Should You Subscribe to Silky Overseas IPO?

Pros:

• Vertically integrated production model

• Rapid growth in revenues and profitability

• Healthy return ratios (ROCE, ROE)

• Clean financial history post-FY22

Cons:

• Zero GMP, signalling weak speculative interest

• High valuation post-issue (P/E ~18.52x)

• SME IPO with limited liquidity

Expert Verdict:
Silky Overseas has solid financials and a strong operational setup, but the lack of grey market traction and premium pricing may cap listing-day returns. This IPO may suit long-term investors, but risk-averse or listing-gain focused investors may avoid.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult with certified financial advisors and read all documents carefully before making investment decisions. Market conditions are subject to change.

The Upcoming IPOs in this week and coming weeks are Crizac, Silky Overseas, Vandan Foods, Pushpa Jewellers, Cedaar Textile, Adcounty Media India, Marc Loire Fashions, Neetu Yoshi.

The Current active IPO are Moving Media Entertainment, Valencia India, PRO FX Tech, Ace Alpha Tech, Indogulf Cropsciences, Suntech Infra Solutions, Rama Telecom, Supertech EV, Sambhav Steel Tubes, HDB Financials, Abram Food, Shri Hare-Krishna Sponge Iron, Icon Facilitators, Globe Civil Projects, Ellenbarrie Indutrial Gases, Kalpataru, AJC Jewel.

The Closed IPOs are Aakaar Medical Technologies, Safe Enterprises Retail Fixtures, Mayasheel Ventures.

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