IPO

Shree Karni Fabcom Ltd. IPO

Shree Karni Fabcom Ltd., established in 2023, operates in the Textiles - General sector. The company's IPO opened on March 6, 2024 and closed on March 11, 2024, with an issue price of ₹227. The Shree ... Read more

Min Investment
₹ 1,36,200 / 600 shares
Price Range
₹220 - ₹ 227
Bidding Dates
6 Mar '24 - 11 Mar '24
Total Issue Value
42.49 Cr
Lot Size
600
Total Issue Size
42.49 Cr
Listing At
NSE SME
Subscription
275.87 times
NSE Price
661.95 (191.61%)

IPO Timeline

  • 6 Mar 2024
    Bidding Starts
  • 11 Mar 2024
    Bidding Ends
  • 12 Mar 2024
    Allotment Finalization
  • 14 Mar 2024
    Listing

About Shree Karni Fabcom Ltd.

We are engaged in the business of manufacturing of Technical Textile for the luggage, medical arch support, chairs, shoes and apparels industry. We specialize in Woven Fabrics, Knitted Fabrics, Coated Fabrics, 100% polyester and recycled polyester fabric. We procure yarn, resin, acrylic and ... Read more

Parent organisation
Founded
Shree Karni Fabcom Ltd.
2023

Shree Karni Fabcom Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 93,600 (5%)
Non Institutional Investors 2,67,000 (14.26%)
Qualified Institutional Buyers (QIBs) 8,88,600 (47.47%)
Retail Individual Investors (RIIs) 6,22,800 (33.27%)

Shree Karni Fabcom Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 121.26 Cr 12.35 Cr 59.12 Cr
31 Mar 2023 127.04 Cr 4.62 Cr 21.96 Cr

Shree Karni Fabcom Ltd. Background

Major Events And Milestones
  • 2018
    Incorporated as Shree Karni Fabcom LLP
  • 2019
    Commercial production commenced
  • 2022
    Setting up of new manufacturing facility of our Subsidiary at Rajhans Texpa, Palsana, Surat for weaving and coating of technical textiles.
  • 2023
    Converted into Shree Karni Fabcom Private Limited
Shree Karni Fabcom Ltd. Object of Issues

1. Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat
2. Funding the purchase of new machinery proposed to be installed at our new unit proposed to be set up for manufacturing bags in Palsana, Surat, Gujarat, with an intent to expand our product portfolio
3. Funding working capital requirements of our Company
4. General corporate purposes

Shree Karni Fabcom Ltd. IPO Listing Details
Listing Date
14 Mar 2024
NSE Symbol
SKFL
ISIN
INE0S4Y01010
Final Issue Price
₹ 227
Shree Karni Fabcom Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 227.00
Open - ₹ 260.00
Low - ₹ 260.00
High - ₹ 273.00
Last Trade - ₹ 273.00
Shree Karni Fabcom Ltd. Company Promoters

1. Manoj Kumar Karnani
2. Radhe Shyam Daga
3. Rajiv Lakhotia
4. Raj Kumar Agarwal

Industry Overview

India’s strengths have already been defined in traditional textiles and natural fibres globally. It is the second largest producer of polyester in the world and is now emerging as a key player in technical textiles industry contributing to a market size of $ 19 Bn. Technical textiles are ... Read more

Shree Karni Fabcom Ltd. Contact Details
Address: Plot 188,189,190, Block No. 314, Rajhans Texpa, Village Baleshvar, Taluka Palsana, Surat Gujarat - 394317
Phone no:2350900
2350900
|
Shree Karni Fabcom Ltd. IPO Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area Phase II, New Delhi Delhi - 110020
26387281,26387282, 26387283
Shree Karni Fabcom Ltd. IPO Lead Manager(s)
Horizon Management Pvt. Ltd.
19 R N Mukherjee Road, Main Building, 2nd Floor, Kolkata West Bengal - 700001
46000607

FAQs

When does Shree Karni Fabcom Ltd. IPO opens and closes?

Shree Karni Fabcom Ltd. IPO opens from 6th March to 11th March 2024.

What is the size of Shree Karni Fabcom Ltd. IPO?

The size of the Shree Karni Fabcom Ltd. IPO is ₹42.49 Cr.

What is the price range of Shree Karni Fabcom Ltd. IPO?

The price range of Shree Karni Fabcom Ltd. IPO is at ₹220 to ₹227 per share.

What is the minimum investment and lot size required for the Shree Karni Fabcom Ltd. IPO?

The minimum investment required is ₹1,36,200 and minimum lot size is 600 shares.

When is Shree Karni Fabcom Ltd. IPO listing date?

The Shree Karni Fabcom Ltd. IPO will be listed on 14th March 2024.

What is the objective of Shree Karni Fabcom Ltd. IPO?

1. Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat
2. Funding the purchase of new machinery proposed to be installed at our new unit proposed to be set up for manufacturing bags in Palsana, Surat, Gujarat, with an intent to expand our product portfolio
3. Funding working capital requirements of our Company
4. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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