Karnika Industries Limited IPO Date, Price, Review and Details
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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
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