Before you get curious or excited by reading those two letters let us clarify it. The film industry is reportedly keen on buying Kalamandir shares. It is heard that the film folks are coming forward to buy because of their long term association they have with Kalamandir Kalyan.
The chain of stores has now announced the public issue and they are looking at investment of nearly Rs 89 crores. The store under the name of Sai Silks would be offering 1,32,00,000 shares at the range of Rs 70 to Rs 75 per share and the issue commences on February 11th with the closing by February 13th.
The Sai Silks Kalamandir is also adhering to the ‘Safety Net’ policy introduced by SEBI wherein if an investor takes 1000 shares and feels it is not growing within 6 months then he/she can sell it back to the company ie Sai Silks.
With this, the filmnagar crowds are now preparing to put forth their investment and make a good deal.
