Sai Silks (Kalamandir) IPO
Ethnic Apparel / Sarees & Dress Material - Listed on 27 September 2023
Sai Silks (Kalamandir) IPO listing summary
Sai Silks (Kalamandir) (Ethnic Apparel / Sarees & Dress Material) closed its IPO window in 2023 and listed on NSE and BSE on 27 September 2023 at an upper band issue price of Rs 222, opening at Rs 231 for a listing gain of +4.1% and closing day one at Rs 244.9 (+10.3% on closing basis). The IPO was subscribed 4.40x overall - QIB 12.35x, HNI/NII 2.47x, Retail 0.88x. The total issue size was Rs 1,201 Cr (Fresh Issue Rs 600 Cr, OFS Rs 601 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Sai Silks (Kalamandir) IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 15 | +6.76% |
| Day 2 | Rs 15 | +6.76% |
| Day 3 | Rs 10 | +4.50% |
| Day 4 | Rs 15 | +6.76% |
| Day 5 | Rs 15 | +6.76% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Sai Silks (Kalamandir) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Sai Silks (Kalamandir) IPO - FAQs
What was the listing gain of Sai Silks (Kalamandir) IPO?
Sai Silks (Kalamandir) IPO listed at +4.1% versus the upper issue price of Rs 222 on 27 September 2023.
How many times was Sai Silks (Kalamandir) IPO subscribed?
Sai Silks (Kalamandir) IPO was subscribed 4.40x overall. QIB portion was subscribed 12.35x, HNI / NII 2.47x and Retail 0.88x.
What was the IPO GMP for Sai Silks (Kalamandir)?
IPO GMP started at Rs 15 on Day 1 and moved to Rs 15 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.