Silky Overseas SME IPO Fully Subscribed Ahead of Close; Listing on July 7

Authored By Shishta Dutta | Published at: Jul 2, 2025 01:00 PM IST

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New Delhi, July 2, 2025 -Silky Overseas Limited’s ₹30.66 crore SME IPO has been fully subscribed as of the final bidding day, led by strong demand from both retail and institutional investors. Silky Overseas IPO, which opened on June 30 in the price band of ₹153 to ₹161 per share, received 16.27 lakh bids against the net issue size of 14.28 lakh shares, translating to an overall subscription of 1.14 times by 10:06 AM. Investors could place bids for a minimum of 800 equity shares and in multiples thereof. Each share carries a face value of ₹10.

Final Day Subscription Status (as of July 2, 10:06 AM)

Category	Applications	Shares Bid	Subscription (Est.)
Qualified Institutional Buyers	1	3,10,400	2.18×
Non-Institutional Investors	48	4,32,800	3.03×
Retail Individual Investors (RIIs)	1,105	8,84,000	2.65×
Total	1,154	16,27,200	1.14×

IPO Timeline

Event	Date
Offer Start	June 30, 2025
Offer End	July 2, 2025
Allotment	July 3, 2025
Refund Initiation	July 4, 2025
Shares in Demat	July 4, 2025
Listing Date	July 7, 2025
Mandate End	July 17, 2025

Use of IPO Proceeds

Setting up a storage facility
Repaying certain loans
Funding working capital
General corporate purposes

About Silky Overseas Limited

Based in Panipat, with manufacturing facilities in Gohana, Haryana, Silky Overseas Limited manufactures and exports home furnishing products like bed sheets, blankets, curtains, and cushion covers. The company sells products under its in-house brand ‘Rian Décor’. It maintains a fully integrated setup—from knitting, dyeing, and processing to printing and packaging. Silky Overseas also exports to global markets, especially the Middle East.

Looking Ahead

With healthy subscription across all investor categories, Silky Overseas is set to debut on the NSE SME platform on July 7. Investors now await allotment results on July 3, followed by demat credit and refund processing on July 4.

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