Silky Overseas IPO Upcoming
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Schedule of Silky Overseas
| Issue open date | 30 Jun 2025 |
| Issue close date | 02 Jul 2025 |
| UPI mandate deadline | 02 Jul 2025 (5 PM) |
| Allotment finalization | 03 Jul 2025 |
| Refund initiation | 04 Jul 2025 |
| Share credit | 04 Jul 2025 |
| Listing date | 07 Jul 2025 |
| Mandate end date | 17 Jul 2025 |
| Lock-in end date for anchor investors (50%) | 02 Aug 2025 |
| Lock-in end date for anchor investors (remaining) | 01 Oct 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Silky Overseas
Incorporated in 2016 and converted to a public limited company in 2023, Silky Overseas Limited operates as a manufacturer and supplier of bedding essentials under the brand name ‘Rian Décor’. Based in Delhi with a processing facility in Sonipat, the company specializes in blankets, bed sheets, comforters, baby blankets, and curtains through integrated manufacturing encompassing knitting, dyeing, processing, printing, and packaging.
The company serves B2B and D2C customers through multiple channels including e-commerce platforms like Flipkart, Amazon, Ajio, and its own website. With ISO 9001:2015 certification, Silky Overseas maintains quality standards while leveraging organic sales growth through customer-initiated online interactions.
The company’s distribution network spans across multiple states with strong e-commerce presence, focusing on cost-effective quality products, timely delivery, and responsive customer service to build long-term customer relationships.
Financials of Silky Overseas
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹30.68 crores |
| Fresh Issue | ₹30.68 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Setting up of Additional Storage facility | 3.60 (11.73%) |
| Repayment/Pre-payment of Certain Debt Facilities | 4.17 (13.59%) |
| Working Capital Requirement |
10 (32.59%) |
Strengths
- Company sources surplus high-thread-count fabric to offer premium products at lower cost.
- Experienced promoters drive growth through market insight and strong networks.
- Integrated setup and planned upgrades help deliver quality products at competitive prices.
- Strong logistics partnerships ensure timely delivery and support efficient order fulfillment.
- Dedicated storage and daily tracking ensure efficient inventory management.
Risks
- Pending litigations may lead to financial or reputational impact if ruled against the company.
- Heavy reliance on blankets (64.6% of FY24 sales) exposes the business to demand fluctuations.
- High dependence on few suppliers may lead to cost or supply disruptions.
- Single-unit dependency in Panipat poses high risk from local disruptions.
- Unregistered logo under objection limits legal protection and poses brand misuse risks.
- Failure to adapt to trends may hurt sales and margins.
- Lapses in licenses or approvals may disrupt business and hurt financials.
Allotment Status for Silky Overseas
To check your allotment status – click here.