K K Silk Mills Ltd IPO

Trading

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Price Band

₹36 – ₹38

Lot Size

3000

Minimum Bid Quantity

6000

Minimum Investment

₹228000

Issue Size

₹28.5Cr

Opens

2025-11-26

Closes

2025-11-28

Listing

03-12-2025

Subscription Status

Qualified Institutional Buyers

5.71 x

Non-Institutional Investor

1.51 x

Retail Individual Investor

9.36 x

Total

5.25 x

IPO Details

Issue Type

FP

Face Value

₹10

Tick Size

1

ISIN

INE0EOJ01014

Pre-Apply Available

No

Daily Bidding Time

10:00:00 - 17:00:00

About the Company

K K Silk Mills Limited is a manufacturer of fabrics and garments. Its garment range includes products for men, women, and children, made using knitted fabrics, such as 100 percent cotton, 100 percent polyester, blended cotton-polyester, and printed polyester. The company’s fabric portfolio is used in men’s formal and casual shirts, sherwani materials, women’s dresses and burkha materials and household items such as cushion covers. K K Silk Mills also supplies knitted fabrics to both domestic and international garment manufacturers. The company operates a manufacturing facility located at Umbergaon, Valsad.

Pros

  • • K K Silk Mills has a broad product portfolio that includes various fabrics and garments catering to men, women, and children. Its offerings range across multiple fabric types, such as cotton, polyester, blended, and printed materials, allowing the company to serve diverse markets such as fashion, upholstery, and home textiles. This diversification reduces dependence on any single product segment.
  • • The company claims to place strong emphasis on product quality and adherence to strict quality control measures. Each product reportedly undergoes checks before dispatch to ensure consistency and compliance with required standards. This focus on maintaining quality and reliable service has helped build credibility with customers, resulting in repeat business.
  • • The company claims to maintain ongoing relationships with wholesalers and garment manufacturers, which contribute to repeat business and customer retention. These established ties are positioned as a competitive advantage for sustained operations and growth.

Cons

  • • K K Silk Mills generates a major share of its revenue from Gujarat and Maharashtra. Any adverse political, social, or economic developments, policy changes, or natural calamities in these regions can disrupt the company’s operations, financial performance, and overall business stability.
  • • The top 10 customers accounted for 81.00 percent, 67.20 percent, 78.54 percent, and 77.08 percent of the company’s total sales for the period ended June 30, 2025, FY25, FY24, and FY23, respectively. The company has not entered into long-term agreements with these customers, making it vulnerable to changes in order volumes, pricing, or termination of relationships. Any loss of key customers or reduction in business from them can negatively impact the company’s revenue, profitability, and financial stability.
  • • The top 10 suppliers accounted for 64.04 percent, 60.30 percent, 69.69 percent, and 62.02 percent of the company’s total purchases during the period ended June 30, 2025, FY25, FY24, and FY23, respectively. Any loss of major suppliers or delays in obtaining raw materials could adversely affect the company’s manufacturing operations, revenue, and financial performance.

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