Silgo Retail Limited IPO

Silgo Retail Limited

Issue Open

Sep 27, 2018

Price Band

₹ 36

Issue Size

₹ 4.88 Cr

Credit of Shares to Demat


Issue Close

Oct 03, 2018

Bid Lot


Listing Exchange


Cut off time for UPI Mandate Confirmation


Issue Type

Fixed Price Issue IPO

Minimum Order Quantity


Allotment Details


Face Value

Rs 10 Per Equity Share

Listing On

Oct 10, 2018



About the company:

Silgo Retail Limited is active in designing, manufacturing, retailing and wholesaling of silver jewellery. The jewellery produced by the company are hallmarked and certified by BIS made from 925 sterling silver.

Date of Incorporation: The company was initially incorporated as ‘Silgo Private Limited’ on 09th January 2016. The company was subsequently converted into public limited company ‘Silgo Retail Limited’ on 28th July 2018.

Promoters of Silgo Retail Limited: Mr Nitin Jain and Mrs Bela Agrawal are the promoters of Silgo Retail Limited. 

Products and Services Offering: The company offers a wide range of products that is being served to customers that mainly consists of rings, earrings, pendants, bracelets, pendants and necklaces among others. Besides this, it also customised jewellery based on ages, genders and occasions.

Customer Segments: The clientele of the company is normally based in the states of Chennai, Kerala, Karnataka and Tamil Nadu.

Objects of Silgo Retail limited IPO: The main objectives of Silgo Retail Limited IPO are:

  • - Funding Long-Term Working Capital.

  • - Funding Expenditure for General Corporate Purposes.

Company Financials:

Summary of Financial Information (Restated)


For the year/period ended (in Rs. Lakhs)

3 -Mar-18

3 -Mar-17

Total Assets



Total Revenue



Profit After Tax




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