Sai Silks IPO

Business of the Company

Sai Silks is in the business of retailing garments, ladies wear and other textile products. Sai Silks focuses on sarees in the mid and upper range and is present in Southern India.

It has 9 retail stores in all, out of which 5 are in Bangalore, 3 in Hyderabad and 1 in Guntur. Sai Silks started out in 2005 as a saree retailer and until recently maintained its focus on sarees. Now, it has diversified into women dress material, kids wear and men’s wear. The 9 stores are spread out over 75,000 square feet and two states.

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