Issue Open Date
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20-Sep-23
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Issue Closing Date
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22-Sep-23
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Application Money
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100
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Allotment Money
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|
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Price Band (Rs.)
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210-222
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Minimum Bid Quantity.
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67
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Issue Size (Shares)
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54099027
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Market Lot
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1
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Objective :
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1. Funding capital expenditure towards setting-up of 30 new stores (“New Stores”);2. Funding capital expenditure towards setting-up of two warehouses;3. Funding working capital requirements of our Company;4. Repayment or pre-payment, in full or part, of certain borrowings availed by our Company; and5. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved
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Bid For
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Non-Institutional Investors
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8346515
|
20625481
|
2.47
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Qualified Institutional Buyers
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10664594
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131679656
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12.35
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Retail Individual Investors
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10664594
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131679656
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12.35
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Business Description
We are one of the largest retailers of ethnic apparel, particularly sarees, in south India in terms of revenues and profit after tax in Fiscal 2019, 2020 and 2021. (Source: Technopak Report) Through our four store formats, i.e., Kalamandir, VaraMahalakshmi Sil
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Promoter's Holding
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Total Share Capital
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120322940
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Offered to Public
|
54099027
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Promoter's Holding (Pre-Issue)
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95.24
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Promoter's Holding (Post-Issue)
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60.8
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More..
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Address
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6-3-790/8 Flat No. 1 Bathina Apartments Ameerpet
Hyderabad
,
Telangana
,
500016
Phone :
040-66566555
Email :
secretarial@sskl.co.in
Website :
www.sskl.co.in
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Registrar
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Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at
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BSE, NSE
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Lead Manager
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HDFC Bank Ltd. Motilal Oswal Investment Advisors Pvt Ltd Nuvama Wealth Management Ltd.
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Promoters
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Jhansi Rani Chalavadi Nagakanaka Durga Prasad Chalavadi
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