Silkflex Polymers (India) Limited

About the company

## **About Silkflex Polymers Limited** Silkflex Polymers  is engaged in the trading of the textile printing inks and water-based wood coating polymers products of a Malaysian based brand- “Silkflex” produced by Silkflex Polymers. Silkflex Malaysia, are one of the garment printing ink manufacturers of Malaysia. Silkflex Malaysia manufactures its products through its manufacturing unit located in Malaysia and the same products are then supplied around the globe through its authorised agents. The list of countries where Silkflex Malaysia supplies the products includes India, Thailand, Turkey, Russia, Sri Lanka, Bangladesh and Indonesia. They  have the right to sell the products of Silkflex and the rights to use the brand name of Silkflex in India. Their Company offers a wide variety of products which consists of 108 textile printing ink products and 51 wood coating polymers products. They  offer a gamut of products, which is divided into two categories i.e., textile printing ink products and wood coating products. Their  registered office is situated in the state of West Bengal. They also have 5 branch offices and warehouses, one of each situated in the state of Gujarat, Maharashtra, Tamil Nadu, Rajasthan and Punjab. These offices and warehouses are well equipped with computer systems, internet connectivity, other communication equipment and other facilities which 136 are required for our business operations to function smoothly. The company believes that the quality of the products is up to the mark and that’s the major reason for being awarded with the orders. Their sales and marketing strategy focuses on enhancing revenue streams by leveraging established relationships and building competitive advantage through a wide range of product offerings. They intend to focus on following marketing strategies: 1. To expand their existing distribution base.  2. Fulfilment of order quantity at scheduled delivery time.  3. Focus on dealing in quality standard products. Silkflex Polymers  Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Acquisition of land 1. Funding of capital expenditure requirements of our Company towards purchase of Plant and Machineries 1. Funding Working Capital Requirements of our Company 1. General corporate purposes

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   07 May 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   10 May 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   09 May 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   14 May 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   13 May 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   15 May 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.