KK Silk Mills, a leading fabric and garment manufacturer, is launching its Initial Public Offering (IPO) next week, opening for subscription on November 26 and closing on November 28. The company plans to raise Rs 28.50 crore through the issuance of 75 lakh shares at a price band of Rs 38 per share. Funds raised will be utilized for plant machinery, repayment of borrowings, and general corporate purposes. Shares are set to list on the BSE SME by December 3.