K K Silk Mills Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹38
Per ShareLot Size
3000 Shares
Minimum Investment
₹1,14,000
Issue Size
₹28.5 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.03%
QIB Quota
49.94%
NII Quota
15.03%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
K K Silk Mills Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.8%
Promoter Holding (Post-Issue)
66.44%
Issue Type
Book Building - SME
ISIN
INE0EOJ01014
About the Company
Our Company is engaged in the business of manufacturing of fabrics as well as garments. Our range of garment products covers all the age group segments such as kids wear, men's wear, women's wear. We use variety of knitted fabrics such as 100% cotton, 100% polyester, blended (cotton and polyester) and printed polyester fabrics in the production of garments. We manufacture the fabric which used in variety of products such as mens shirts wear- formal and casual wear, shervani material, ladies wear dress material, burkha material, kushan cover material etc. We sell our knitted fabrics to domestic and international garment manufacturers. We have approximately 5422 sq.mtrs. size area manufacturing plant located at Umbergaon, Valsad.
Industry Overview
April 2025 was characterised by several geopolitical and economic developments. The United States announced, implemented, and eventually paused a targeted tariff regime, pending further bilateral negotiations. These developments engendered heightened uncertainty across the global economy. The IMF's World Economic Outlook (WEO) April 2025 has projected a marked drop in global growth rates for 2025 and 2026. Inflation trajectories towards central bank targets will now be slower and more drawn-out in advanced economies and quicker in emerging economies, compared to projections in the WEO October 2024. As a result, central bank policy rate pathways have begun to diverge, leading to potential implications for capital flows and financial markets. As countries continue to negotiate, the US announced interim trade deals with the UK and China in the first half of May 2025.
Company History
Our Company was originally incorporated as "Manish Weaving Industries Private Limited" as a private limited company, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated August 26, 1991 issued by Registrar of Companies, Bombay having Registration Number 11-63074. The name of our company was changed to "K.K. Silk Mills Private Limited". Consequent upon change of name a fresh Certificate of Incorporation dated June 01, 2001 was issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently our Company was converted from a private limited company to public limited company by Special resolution passed in the Extra-Ordinary General Meeting of the company dated May 17, 2018 and consequently, the name of our Company was changed to "K K Silk Mills Limited" and a fresh certificate of incorporation dated June 06, 2018 was issued to our Company by the Registrar of Companies, Mumbai. The Corporate Identification Number of our Company is U17120MH1991PLC063074.
Products & Services
- The Company is engaged in the business of manufacturing of fabrics as well as garments.
Growth Strategy
- Leveraging our market skills and relationship.
- Maintaining edge over competitors.
- Continue to strive for cost efficiency.
- Improving operational efficiencies.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of up to 75,000,00 equity shares of face value of Rs. 10/- each of K K Silk Mills Limited ("KKSML" or the "Company" or the "Issuer") for cash at a price of Rs. 38/- per equity share including a share premium of Rs. 28/- per equity share (the "Issue Price") aggregating to Rs. 28.50 crores ("the Issue"), of which 3,75,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share including a share premium of Rs. 28/- per equity share aggregating to Rs. 1.43 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 71,25,000 equity shares of face value of Rs. 10/- each at a price of Rs. 38/- per equity share including a share premium of Rs.28/- per equity share aggregating to Rs. 27.08 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 33.42% and 31.75%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. Price Band: Rs. 38/- for equity share of face value of Rs. 10 each. The floor price is 3.8 times times the face value times of the face value of the equity shares. Bids can made for a minimum of 6,000 equity shares and in multiples of 3,000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Diversified customer base and long-standing relationship with our customers.
- Diversified Product Portfolio.
- Focus on quality and customer service.
- Existing customer relationship.
- Experienced Promoters and Management Team.
- The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.
- There may be potential conflicts of interest if its Promoters, Promoters' Group entities who are involved in same business activities that compete with or are in the same line of activity as the company business operations.
- The company's revenue is concentrated in the state of Gujarat and Maharashtra and any adverse developments affecting Gujarat and Maharashtra could have an adverse effect on the company business, results of operations and financial condition.
- The company has had made non-compliances of certain provision under Companies Act, 2013.
- The company is subject to strict quality requirements and are consequently required to incur significant expenses to maintain its product quality. Any failures to comply with such quality standards may lead to cancellation of existing and future orders which may adversely affect its reputation, financial conditions, cash flows and results of operations.