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:-

ParticularsValue
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 :-

ParticularsValue
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 Ended30 Nov 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets14,124.38 9,864.255,911.112,743.05
Revenue7,599.48 12,704.058,365.183,289.86
Profit After Tax813.44555.25514.84153.48
Net Worth1,912.172,602.241,321.61671.23
Reserves and Surplus1,392.172,502.241,221.61571.23
Total Borrowing9,504.273,658.722,718.091,451.30

Key Performance Indicator :-

ParticularsValue
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 :-

ParticularsLink
Shree Karni Fabcom Limited IPO DHRP:-Click Here
Shree Karni Fabcom Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
03-03-2024 300527132.16%
04-03-2024 300527132.16%
05-03-2024 325552143.17%
06-03-2024325552143.17%
07-03-2024 250477110.13%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
March 6, 20240.0411.2629.8811.2611.2617.37
March 7, 20240.7137.9386.2437.9337.9351.45

Allotment Status:-

ParticularsLink
Check Allotment Status (available on March 12, 2024)Click Here

Shree Karni Fabcom Limited IPO FAQ :-

What is the opening date for Shree Karni Fabcom Limited IPO?

The Shree Karni Fabcom Limited IPO opens on March 6, 2024.

What is the closing date for Shree Karni Fabcom Limited IPO?

The Shree Karni Fabcom Limited IPO closes on March 11, 2024.

When will the shares be allotted for Shree Karni Fabcom Limited IPO?

Shares of Shree Karni Fabcom Limited IPO will be allotted on March 12, 2024.

What is the listing date for Shree Karni Fabcom Limited IPO?

The listing date for Shree Karni Fabcom Limited IPO is March 14, 2024.

What is the price/ price range for Shree Karni Fabcom Limited IPO?

The price/ price range for Shree Karni Fabcom Limited IPO is ₹220 to ₹227.

What is the minimum lot size for the Shree Karni Fabcom Limited IPO?

The minimum lot size for Shree Karni Fabcom Limited IPO is 600 shares.

What is the minimum investment required for retail investors in the Shree Karni Fabcom Limited IPO?

The minimum investment required for retail investors in the Shree Karni Fabcom Limited IPO is ₹1,36,200.

What type of IPO is the Shree Karni Fabcom Limited IPO?

The type of Shree Karni Fabcom Limited IPO is SME.

What is the total issue size of the Shree Karni Fabcom Limited IPO?

The total issue size of Shree Karni Fabcom Limited IPO is ₹42.49 Crore.

How many shares are being offered in the Shree Karni Fabcom Limited IPO?

Total 18,72,000 shares are being offered in the Shree Karni Fabcom Limited IPO.

What is the face value of Shree Karni Fabcom Limited IPO share?

The face value of Shree Karni Fabcom Limited IPO share is ₹10.

What is the market capitalization of the Shree Karni Fabcom Limited IPO?

The market capitalization of the Shree Karni Fabcom Limited IPO is ₹160.53 Crore.

Who is the registrar for the Shree Karni Fabcom Limited IPO?

The registrar for the Shree Karni Fabcom Limited IPO is Mas Services Limited.

Where can I check the IPO Allotment status for Shree Karni Fabcom Limited IPO?

You can check the IPO Allotment status for Shree Karni Fabcom Limited IPO at https://www.masserv.com/opt.asp.

What is the email address and website of Shree Karni Fabcom Limited IPO?

The email address of Shree Karni Fabcom Limited IPO is shreekarni@skflindia.com and website is http://www.skflindia.com/.

What is the Shree Karni Fabcom Limited IPO GMP (Grey Market Premium) as of 07-03-2024 ?

The latest GMP for Shree Karni Fabcom Limited IPO is ₹250 as of 07-03-2024 .