Silky Overseas IPO: Price, Valuation, And GMP Table of Contents

Silky Overseas IPO- Complete Overview

Silky Overseas IPO under the SME IPO category is a book build issue of Rs. 30.68 Cr by Silky Overseas Limited. The company was founded in May 2016 and is engaged in the specialised manufacturing of bedding essentials, including blankets, bed sheets, and comforters.

The company is in a vertically integrated manufacturing process, which includes knitting, dyeing, processing, and printing, as well as packaging. The firm sells its products under the brand name Rian Décor.

It is situated in Gohana, Haryana, in the manufacturing of various textile products such as mink blankets, bed sheets, and comforters.

Products:

Mink Blankets: They are highly demanded because they are very soft with gorgeous patterns and give the luxury of warmth. 

Bed Sheets & Comforters: These are crafted from myriad pure and blended fabrics that meet a wide spectrum of consumer preferences and target an equally diverse market range.

Textile Yarns: Used within numerous branches of the textile industry.

Protective Equipment: Such as PPE kits and body coveralls that were urgently required after the COVID-19 pandemic emerged, which Silky abruptly began producing to satisfy demand.

Silky Overseas IPO Overview

The Silky Overseas IPO date is on 30 June 2025, and its initial public offering will end on 02 July 2025. 

The Rs. 30.68 crore new SME IPO comprises an entirely fresh issue of 19.06 lac Shares. The Silky Overseas IPO price is Rs. 153 to Rs. 161 for each Share. 

The Silky Overseas IPO listing date (expected) might be on Monday, Jul 07, 2025, and listing at the NSE and SME.

Click to open demat account and apply for the IPO.

Company Financial

(Amount in Cr)

Period	31 Jan 2025	31 Mar 2024	31 Mar 2023
Total Assets	68.70	50.69	40.70
Total Revenue	105.35	70.26	68.35
PAT	9.17	5.53	0.98
Net Worth	24.31	15.14	4.61
Reserves & Surplus	19.85	10.68	0.75
Borrowings	20.75	25.72	28.80

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Jan 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	685.33	(10.42)	362.41
Net Cash Flow Investing Activities	(31.83)	(9.75)	(14.46)
Net Cash Flow Financing Activities	(653.60)	4.52	(368.21)

 

Revenue Bifurcation

Activity-wise Revenue Breakdown

(Amount in lac)

Customer-wise Revenue Breakdown

(Amount in lac)

 

Product-wise Revenue Breakdown

(Amount in lac)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Configuring an extra storage facility.

• Payback or advance payment of specific debt facilities.

• Working capital requirements.

• General corporate purposes.

 

Click to check the IPO application status.

Peers of Silky Overseas Ltd.

Company Name	Face Value (Rs.)	EPS (Rs.)	P/E (x)
Welspun Living Limited	1	6.18	20.84
Trident Ltd.	1	0.78	37.92

 

Evaluation

The Silky Overseas Limited IPO price is Rs. 153 to Rs. 161 for each Share.

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2024 with an EPS of Rs. 13.74 from the last year, the resulting P/E ratio is 11.71x.

Considering the weighted EPS of Rs. 7.54 for the last three years, the P/E ratio is 21.35x.

Explore the PRO FX Tech IPO.

Comparative Analysis With Listed Peers

The average P/E Ratio of the industry is 29.38x.

Particulars	P/E Ratio (x)
Highest	37.92
Lowest	20.84
Average	29.38

In simple words, the P/E ratio of this IPO is 11.71x, compared with the industry’s average P/E of 29.38x, indicating an undervaluation (on a P/E ratio basis only). Hence, the price of the Share seems fairly priced for the investors when considered based on the average P/E ratio of the industry.

IPO's Strengths

• Acquisition of finer quality fabrics in terms of thread count at a reduced cost.

• Qualified marketers alongside an experienced and committed workforce.

• Systems and composite attributes are necessary for product quality realisation.

• Adequate warehousing facilities for effective stock control.

 

IPO’s Weaknesses

• Dependence on key customers.

• Capital for new investment opportunities.

• Small presence within newly entered markets.
  
  

Silky Overseas IPO GMP

Silky Overseas IPO GMP is Rs. 16 as of 28 Jun 2025 at the time of writing this information. Hence, its estimated listing price might be Rs. 177.

IPO Timetable (Tentative)

The Silky IPO date of opening is from Jun 30 to Jul 02, 2025, allotment on Jul 03, refund initiation on Jul 04, and listing on Jul 07, 2025.

Events	Date
IPO Opening Date	Jun 30, 2025
IPO Closing Date	Jul 02, 2025
IPO Allotment Date	Jul 03, 2025
Refund Initiation	Jul 04, 2025
IPO Listing Date	Jul 07, 2025

 

Silky Overseas IPO Details 

The IPO with a Face Value of Rs. 10 per share offers a total issue size of 19,05,600 Shares (Rs. 30.68 Cr) with a market maker portion of 3,13,600 Shares (Rs. 5.05 Cr).

IPO Opening & Closing Date	30 Jun, 2025 to 02 Jul, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 153 to Rs. 161 per Share.
Lot Size	800 Shares
Issue Size	19,05,600 Shares (Rs. 30.68 Cr)
Offer for Sale	-
Fresh Issue	19,05,600 Shares (Rs. 30.68 Cr)
Listing at	NSE, SME
Issue Type	Book Built Issue
Registrar	Skyline Financial Services Private Ltd.

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 1 Lot (800 Shares) for Rs. 1,28,800 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (1600 Shares) for Rs. 2,57,600.

Minimum Lot Investment (Retail)	1 Lot
Maximum Lot Investment (Retail)	1 Lot
HNI (Min)	2 Lots

 

 

 

IPO Reservation (% of Net Issue)

Institutional’s Portion	50%
Retail’s Portion	35%
Non-Institutional Portion	15%

 

Promoters And Management of Silky Overseas Ltd.

• Mr. Sawar Mal Goyal

• Mr. Ananya Goyal

• M/s. S. M. Goyal & Sons (HUF).

Pre-Issue Promoter Shareholding	86.38%
Post-Issue Promoter Shareholding	-

 

IPO Lead Managers

• Gretex Corporate Services Limited.
  
  

Dividend Policy

The company has no formal dividend policy.

Conclusion

Silky Overseas IPO offers an opportunity to invest in the textile manufacturing industry, considering it has a robust financial performance and a P/E ratio lower than the sector’s average. The company is gaining an advantage over its peer firms because of the integration of multiple textile processes as well as vertical expansion into additional product categories.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.