Sai Silks (Kalamandi

PriceRs.75

Wednesday, February 13, 2013

Sai Silks (Kalamandir) has launched an IPO of Equity Shares of Rs.10 face value each.

Sai Silks (Kalamandir) is in the business of retailing of sarees under the brand name of Kalamandir , Mandir and Varmahalakshmi, established in 2005. Company has a mainly presence in south India with network of 12 retail outlets.

Sai Silks (Kalamandir) mainly focus on Women’s Ethnic wear. Currently, they sell different varieties of sarees for different occasions and ready-made apparels for women, men and kids in their retail outlets. Sale of gold jewellery in their retail outlets under franchise model with its group concern Sai Swarnamandir Jewellers Private Limited ("SSJPL").

Objects of the Issue:

1. Setting up of Retail Outlets;

2. Expenses to be incurred for Brand Promotion;

3. Pre-payment of Term Loan facility;

4. Meeting Long Term Working Capital Requirement;

5. General Corporate Purposes; and

6. Issue Expenses.

Issue Detail:

Issue Open: February 11, 2013 - February 13, 2013
Issue Type: Book Built Issue
Issue Size: Equity Shares of Rs.10
Issue Size: Rs.89.00 Crore
Face Value: Rs.10 Per Equity Share
Issue Price: Rs.70 - Rs.75 Per Equity Share
Market Lot: 200 Shares
Minimum Order Quantity: 200 Shares
Listing At: BSE, NSE