K K Silk Mills Limited is launching a ₹28.50 crore SME IPO — a fresh issue of 75,00,000 shares aggregating to ₹28.50 crore. The offer opens on November 26, 2025 and closes on November 28, 2025, with allotment expected on Dec 1 and a proposed listing on BSE SME on Dec 3, 2025. The price band is ₹36 to ₹38 per share; minimum retail application is 2 lots (6,000 shares) = ₹2,28,000 at upper band.
K K Silk Mills IPO
SME Book‑built issue (Fresh)
UPCOMING IPOK K Silk Mills Limited is launching a ₹28.50 crore SME IPO — a fresh issue of 75,00,000 shares aggregating to ₹28.50 crore. The offer opens on November 26, 2025 and closes on November 28, 2025, with allotment expected on Dec 1 and a proposed listing on BSE SME on Dec 3, 2025. The price band is ₹36 to ₹38 per share; minimum retail application is 2 lots (6,000 shares) = ₹2,28,000 at upper band.
| Face Value | ₹10 per share |
|---|---|
| Issue Price Band | ₹36 to ₹38 per share |
| Offer Structure | Fresh Issue (SME) |
| Total Shares | 75,00,000 shares (aggregating up to ₹28.50 crore) |
| Reserved for Market Maker | 3,75,000 shares (₹1.43 crore) — Aftertrade Broking Pvt. Ltd. |
| Net Offered to Public | 71,25,000 shares (aggregating up to ₹27.08 crore) |
| Issue Type | Book‑building IPO (SME) |
| Listing | BSE SME |
| Shareholding (Pre / Post) | 1,49,39,360 / 2,24,39,360 shares |
| Lead Manager | Axial Capital Pvt. Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Market Maker | Aftertrade Broking Pvt. Ltd. |
| Investor Category | Shares Offered | Share % |
|---|---|---|
| Market Maker | 3,75,000 | 5.00% |
| QIB | 35,58,000 | 47.44% approx |
| NII (HNI) | 10,71,000 | 14.28% |
| Retail (RII) | 24,96,000 | 33.28% |
| Total | 75,00,000 | 100.00% |
| IPO Open | Wed, Nov 26, 2025 |
|---|---|
| IPO Close | Fri, Nov 28, 2025 |
| Allotment (Tentative) | Mon, Dec 1, 2025 |
| Initiation of Refunds | Tue, Dec 2, 2025 |
| Credit to Demat | Tue, Dec 2, 2025 |
| Listing (Tentative) | Wed, Dec 3, 2025 |
| UPI Mandate Cut‑off | 5 PM on Fri, Nov 28, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 6,000 | ₹2,28,000 |
| Individual investors (Retail) (Max) | 2 | 6,000 | ₹2,28,000 |
| S‑HNI (Min) | 3 | 9,000 | ₹3,42,000 |
| S‑HNI (Max) | 8 | 24,000 | ₹9,12,000 |
| B‑HNI (Min) | 9 | 27,000 | ₹10,26,000 |
Amounts calculated at upper price band (₹38 per share).
K K Silk Mills Ltd (incorporated Aug 1991) manufactures fabrics and ready‑made garments (kids, men, women). The company operates a manufacturing unit in Umbergaon, Gujarat, with installed capacity ~20 million meters and a workforce of ~191 employees as of Mar 31, 2025. Products include suiting & shirting fabrics, corporate wear and specialised materials.
Promoters
Mr. Manish Kantilal Shah, Mr. Nilesh Kantilal Jain and Mrs. Ashaben Manish Shah.
Promoter Holding
| Pre‑Issue | 99.80% |
|---|---|
| Post‑Issue | 66.44% |
FY2023 – Jun 30, 2025 (₹ crore)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Reserves | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 30 Jun 2025 | 1,621.67 | 545.10 | 15.14 | 40.14 | 412.38 | 262.99 | 635.64 |
| FY2025 (31 Mar 2025) | 1,432.52 | 2,214.27 | 46.83 | 139.91 | 412.38 | 247.85 | 593.11 |
| FY2024 (31 Mar 2024) | 111.63 | 191.37 | 2.26 | 9.33 | 35.04 | 27.57 | 51.69 |
Source: RHP/DRHP and company filings. FY25 shows large jump due to proforma adjustments disclosed in RHP.
| ROE | 11.79% |
|---|---|
| ROCE | 12.44% |
| Debt/Equity | 1.49 |
| RoNW | 11.79% |
| PAT Margin | 2.11% |
| EBITDA Margin | 6.34% |
| Price to Book Value | 1.43 |
| Market Capitalization | ₹85.27 Cr. |
| S.No | Object | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capex: Replacement of plant & machinery, installation and E&M work | 6.01 |
| 2 | Repayment/prepayment of certain secured borrowings | 15.00 |
| 3 | General Corporate Purposes | TBA |
K K Silk Mills Ltd.
314, Kewal Industrial Estate, S. B. Road, Delisle Road, Lower Parel (W), Mumbai, Maharashtra, 400013
Phone: +91 8879779739
Email: cs@kksilkmills.com
Website: https://www.kksilkmills.com/
Registrar: MUFG Intime India Pvt. Ltd. — Phone: +91-22-4918 6270 — Email: Kksilk.smeipo@in.mpms.mufg.com
Lead Manager: Axial Capital Pvt. Ltd.
Analyst note: KKSM shows sharp revenue/profit jump in FY25 vs FY24 — review proforma adjustments and working capital trends. Valuation appears inexpensive on P/E but debt levels are high; suitable for investors seeking SME textile exposure with risk appetite for leverage and concentrated holdings.
Refer to K K Silk Mills DRHP/RHP for full disclosure. Figures are per company filings and IPO trackers; final allotment and listing numbers will be updated after allotment.