Ongoing SME IPO_Silgo Retail Ltd


Silgo Retail Ltd

Issue Analysis :

Issue opens Sept.27, 2018
Issue Closes Oct. 03, 2018
Issue Price Rs 36
Lot Size 3000
Issue Size 4.88 Cr
Lead Manager Aryaman Financial Services Limited
Registrar Bigshare Services Pvt  Ltd
Platform NSE

Company’s Snapshot :

Silgo Retail is engaged in the business of designing, manufacturing, retailing and wholesaling of silver jewellery. The company deals in silver jewellery and offers a wide variety of designs to suit the preferences of the end customers. With regional diversity of tastes and preferences, it has diverse portfolio of ornaments and jewellery to suit the taste and preferences.

Its products include silver jewellery with varied range of designs and the product portfolio includes rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewellery based on customer demand. Its online products are hallmarked jewellery certified by BIS and every product is cast in 925 sterling sliver. The company offers a wide range of products in silver jewellery for special occasions such as weddings and festivals to daily wear jewellery for all ages, genders and across various price points. It has a dedicated and efficient design team, focused on developing new products and designs that meet customers’ requirements using the latest 3D Computer-Aided Designing (CAD) Software.

Object of the Issue:

The objects of the Issue are to:

  • Working Capital Requirement
  • General Corporate Purpose
  • Issue Expenses

Financial Highlights :

FY2017 FY2018
Total revenue 4.98 16.47
Total expenses 4.71 15.15
Profit after tax 0.18 0.95


Company Promoters:

The Promoters of the Company is:

  1. Mr Nitin Jain
  2. Mrs Bela Agrawal

Contact Company Information:

Silgo Retail Limited
B–11, Mahalaxmi Nagar
Jawahar Lal Nehru Marg
Jaipur, Rajasthan– 302 017


Phone: +91 0141 4919655