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Karnika Industries Limited IPO Date, Price, Review and Details

 

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Karnika Industries Limited IPO

September 29, 2023 - October 05, 2023 Closed

Karnika Industries Limited IPO

Karnika Industries Limited IPO was engaged in specializing in producing various kids' clothing items such as shorts, joggers, capris, tees, rompers, sleepsuits, pajamas, and winter wear through a job work process. Their well-equipped manufacturing units cover everything from design and sample preparation to quality inspection, ironing, and garment packaging. As a company, they engage in job work manufacturing, trading, and exporting garments, with a focus on children's apparel. Their products, use yarn and fabrics as part of their business process. Additionally, they provide their customers with alternative fabric options for their current collections, adding significant value in terms of pricing, quality, and delivery terms.

Company Promoters:

  • Mr. Niranjan Mundhra
  • Mr. Shiv Shankar Mundhra
  • Mr. Mahesh Kumar Mundhra

Objects of this Issue:

  •  To Meet Working Capital Requirement
  •  General Corporate Purpose
  •  To Meet the Issue Expenses

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

10071.04

5921.42

3055.87

Total Liabilities

9,174.24

4,060.54

2,677.73

Net Profit

826.74

454.01

81.61

Karnika Industries Limited IPO Schedule

1.     Bid or Offer Opens on: 29 September 2023
2.     Bid or Offer Closes on: 05 October 2023
3.     Finalization of BoA: 10 October 2023
4.     Initiation of Refunds: 11 October 2023
5.     Credit of shares to Demat account: 12 October 2023
6.     Listing Date: 13 October 2023

Karnika Industries Limited IPO Lot Size

The market lot size of Karnika Industries Limited IPO is 3,200 shares. Minimum and maximum order quantity is an following:

Application

Lots

Shares

Amount

Minimum

1

  1600

₹121,600

Maximum

1

  1600

₹121,600

S-HNI(Minimum)

2

  3,200

₹243,200



Company Contact Details:

6&6/1, Gurgola Ghat Road P.O. Salkia Howrah, West
Bengal- 711106, India.

Phone: 033-26558101

Email:  info@karnikaindustries.com

Website:  www.karnikaindustries.com

 

Karnika Industries Limited IPO Registrar Details:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED

D-153A, 1st Floor, Okhla Industrial Area

Phase-I, New Delhi – 110020, India

Telephone:  011-40450193-197

Email: ipo@skylinerta.com

Website: www.skylinerta.com  


Frequently Asked Question

Karnika Industries Limited IPO Shares will get listed at NSE SME.
Post-issue shareholding of the Karnika Industries Limited IPO services promoter is 73.39%.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
You will receive Karnika Industries Limited IPO shares in your Demat account on October 12, 2023, if allotted.
If you do not get the allotment of Karnika Industries Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The meaning of "Karnika Industries Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Karnika Industries Limited IPO on the current day.
Karnika Industries Limited IPO shares will get listed on October 12, 2023.
The face value of Karnika Industries Limited IPO is ₹10 per share.
Opening date of Karnika Industries Limited IPO is September 29, 2023.
Karnika Industries Limited IPO share price ₹76 per share.
Lot size of the Karnika Industries Limited IPO is 1600 shares.
Closing date of Karnika Industries Limited IPO is October 05, 2023.
Pre-issue shareholding of the Karnika Industries Limited IPO promoter is 100.00%.
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