Sai Silks (Kalamandir) Limited IPO Message Board (Page 10)

dear members
can qibs withdraw their ipo application once applied or can cancel by any other means to forge retailers?

No, QIB cannot withdraw application

Surprising participation by retail thus far and there seems to be a bit of misinformation. Don't represent this as some "Saree only" business retail model they have huge varitety in their stores.

I usually avoid commenting here. But have some query.

My personal research, multiple stores with thousands of reviews of Google (independently, collectively of all stores, they might have 100k+ reviews).

Review ratings seem, 3.8+ stars in general. Which is mediocre. I'd not term this as niche, neither as fast food of clothing retail. But this does seem to have mass under it's belt.

The business is profitable and has shown uptrend recently, it caters to masses based on volume of people (photos are available from neutral people on internet) and the reviews amassed on stores. Peers trade 40 to 100 PE though the comparison may not be 1:1.

They plan to open 30 new stores, open 2 more warehouse and reduce borrowing with this IPO. Supposing it sustains it's profitability with new stores, it'd only mean the PAT increases, WHAT IS IT THAT I'M MISSING HERE?

Why is a real estate business in losses doing better than this in retail? I'm a bit bamboozled here.

Applied 5 in retail, avoided signature completely.

Will sell 3 on listing day and hold 2 for long term, my hypothesis is that PAT will increase in next 2 years by a noticeable margin.

Sai Silks QiB Crosses 350cr+ also it is more than SignatureGlobal which is only 150cr+
🔥 🔥 🔥

Jor jor se bolke sub ko scheme bata de :)

​@Krishna T Jor jor se iss scheme may apply Kirdiya yaa Naa??
Please don't troll NEW MEMBERS 🙏
U deleted a message from here, please say how to delete a message from this forum. Tq

Its Quite surprising that people wanted to apply in Signature global-a loss making company but don't want to apply in Sai Silks which is in profit.

On listing sai silk can surprise.. in my opinion
Fundamentals are much much better in sai silk compare to signature.. like zaggle.. Signature can also open in discount.. just an idea..May God reward the all risk takers in both these ipo 's 🙏

​@YOGESHGOEL Registar for Signature is Linkin, hence mostly it will be T+3 and funds will be available for other IPO. Hence people want to apply more in Signature Vs Silk Sai

Applied Mankind style FF retail, let's see. Taken huge risk like Mankind :)

Hope retail category doesnt cross 1x so we will get shares we applied for.
I think it will be close to watch.

It won't.

I think it will stop on 0.95-0.97 range

Applied one retail max 1.93L. Confirmed allotment.

Full and firm allotment in retail. Kalamandir is a big brand. Expected to list well.

appying 2 lots at lower price band lets see what happens

Apply or not???

What is the application wise subscription

Latest GMP sir??

6-7. About 3%.

​@abc xyz @PKRAJ sir wher ru? What is ur final decision in signature & kalamandir silk ? We all r waiting for your final input....

​@Jammu Could not reply you in time. But I have not applied. The both IPOs were AVOID candidates for me. Now there is no sufficient time even to apply, except retail via UPI.
If you have not applied nothing to regret.
Thanks for believing in me.

Applied Here......

A

Any reason?????

Look at Samhi Vs Zaggle
5 times vs 12 times

Signature vs Sai Silks

4 times vs 12 times

Listing cross the fingers.

Will this IPO, sail thru.. Its just 85% subscribed yet

Wait upto 4 ...

Great Sailed thru as you all have rightly predicted👍

Applied 4 Retail lots...expecting -5 to+15 Rs listing ...

applyied 1 lot using 3rd party UPI

Made 2 retail applications of 13 lots each

Skipping this one..

@sanchit jain good idea to apply 13 lots..by mistake I also apply 1 shni lot..how much chance for allotment?

​@Udayk As of now, almost sure shot in SNII also since it 1.52 and some rejections here n there, also unsubscribed retail will be shifted to other categories. So, I think good chances of allotment sNII too.

Applied one retail with 10 lots another with 6 lots
Discount me jahe to koi tension nahi,taken calculated risk👑
All the best everyone🏆

The subscription figures are not encouraging at all. Retailers and sHNIs are not comfortable with the company, I think. In my views it was avoid and did not apply even a single retail application.
Wishing all the best to the members who dared to applied.

why are BHNI's so interested then? 3 times oversub

​@Hrishikeh In my opinion QIBs and bHNIs are generally managed. They make good profits and losses are also required for them in some.
Small retailers always take care of their limited funds. Why to take unnecessary risk. Many more companies are there to give us gains.
Win the race with slow speed in money market.