Shree Karni Fabcom Limited IPO
Shree Karni Fabcom Limited IPO bidding starts from March 6, 2024 and ends on March 11, 2024. The allotment for the Shree Karni Fabcom Limited IPO is expected to be finalized on March 12, 2024. Shree Karni Fabcom Limited IPO will list on NSE SME with tentative listing date fixed as March 14, 2024. Shree Karni Fabcom Limited IPO price band is set at ₹220 to ₹227 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹1,36,200.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | March 6, 2024 |
Close Date:- | March 11, 2024 |
Allotment Date:- | March 12, 2024 |
Listing Date:- | March 14, 2024 |
About Shree Karni Fabcom Limited :-
Established in March 2018, Shree Karni Fancom Limited specializes in the production of custom knitted and woven fabrics tailored for diverse industries including luggage, medical arch support, chairs, shoes, and apparel. Their expertise lies in Woven Fabrics, Knitted Fabrics, Coated Fabrics, and 100% polyester materials, sourced from yarn, resin, acrylic, and coating chemicals to create specialized technical textiles.
Equipped with modern, highly automated machinery, their manufacturing unit boasts impressive capacities: 70,000 meters per day for weaving, 90,000 kilograms per month for knitting, 50,000 meters per day for coatings, 15,000 meters per day for PVC, 8,000 meters per day for EVA lamination, and 40,000 meters per day for heat embossing.
For the 8-month period ending November 30, 2023, the company reported revenue from operations of ₹7572.22 lakhs. Over the fiscal years 2021, 2022, and 2023, revenues stood at ₹3287.42 lakhs, ₹8357.36 lakhs, and ₹12694.65 lakhs respectively, marking a notable compound annual growth rate (CAGR) of 56.89% during this period.
Recognizing their commitment to quality management, Shree Karni Fancom Limited has earned the ISO 9001:2015 certificate from INTERTEK.
Their clientele spans various contract manufacturers of branded luggage, shoe manufacturers, traders, and other entities distributed across 13 states.
As of November 30, 2023, the company employs 39 individuals across different departments.
Contact Details :-
Address:- Shree Karni Fabcom Limited Plot 188,189,190, Block No. 314, Rajhans Texpa Village Baleshvar Taluka Palsana, Surat - 394 317,
Phone:- +91 262 235 0900
E-mail:- shreekarni@skflindia.com
Website:- http://www.skflindia.com/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹220 to ₹227 |
Lot Size:- | 600 |
Minimum Amount for 1 Lot:- | ₹1,36,200 |
Listing At:- | NSE SME |
Total issue of Shares:- | 18,72,000 |
Total issue Size:- | ₹42.49 Crore |
Fresh issue of Shares:- | 18,72,000 |
Fresh issue Size:- | ₹42.49 Crore |
Face Value:- | ₹10 per Equity Share |
Retail Quota:- | 35% |
QIB Quota:- | 50% |
NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 30 Nov 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 14,124.38 | 9,864.25 | 5,911.11 | 2,743.05 |
Revenue | 7,599.48 | 12,704.05 | 8,365.18 | 3,289.86 |
Profit After Tax | 813.44 | 555.25 | 514.84 | 153.48 |
Net Worth | 1,912.17 | 2,602.24 | 1,321.61 | 671.23 |
Reserves and Surplus | 1,392.17 | 2,502.24 | 1,221.61 | 571.23 |
Total Borrowing | 9,504.27 | 3,658.72 | 2,718.09 | 1,451.30 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 160 |
ROE:- | 42.56% |
ROCE:- | 11.34% |
RoNW:- | 42.56% |
IPO Registrar :-
Name:- Mas Services Limited
Website:- https://www.masserv.com/opt.asp
IPO Prospectus :-
Particulars | Link |
---|---|
Shree Karni Fabcom Limited IPO DHRP:- | Click Here |
Shree Karni Fabcom Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
03-03-2024 | ₹300 | ₹527 | 132.16% |
04-03-2024 | ₹300 | ₹527 | 132.16% |
05-03-2024 | ₹325 | ₹552 | 143.17% |
06-03-2024 | ₹325 | ₹552 | 143.17% |
07-03-2024 | ₹250 | ₹477 | 110.13% |
08-03-2024 | ₹250 | ₹477 | 110.13% |
09-03-2024 | ₹250 | ₹477 | 110.13% |
10-03-2024 | ₹250 | ₹477 | 110.13% |
11-03-2024 | ₹221 | ₹448 | 97.36% |
12-03-2024 | ₹180 | ₹407 | 79.3% |
13-03-2024 | ₹30 | ₹257 | 13.22% |
14-03-2024 | ₹30 | ₹257 | 13.22% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
March 6, 2024 | 0.04 | 11.26 | 29.88 | 17.37 |
March 7, 2024 | 0.71 | 37.93 | 86.24 | 51.45 |
March 11, 2024 | 112.94 | 461.58 | 330.45 | 296.43 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on March 12, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | March 14, 2024 |
NSE Symbol :- | SHREEKARNI |
ISIN:- | INE0S4Y01010 |
Final Issue Price:- | ₹227.00 |
Open:- | ₹260.00 |
Low:- | ₹260.00 |
High:- | ₹273.00 |
Close:- | ₹273.00 |
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