Karnika Industries is an ISO 14001:2015 qualified producer via task paintings, dealer, and exporter of clothes. They manufacture via task paintings all varieties of children’ put on i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pajamas, wintry weather put on, toddler put on, and so on. They have built well-established production devices for designing, preparation of the pattern, high quality inspection, ironing, and packing of Garments which might be supplied with the entire essential hi-tech machines and equipment which might be required for a contemporary production unit. Machinery this is supplied of their infrastructure is operated by way of their extremely skilled crew of pros. They are production nearly all of our merchandise via task paintings, they’re able to endeavor bulk necessities of our shoppers and ship inside of stipulated agenda.
The corporate majorly specializes in high quality materials and clothes, turning in high quality textiles and keeping up long-term associations with their shoppers. The degree of development determines the productiveness of machines and exertions, which in flip, determines the manufacturing and profitability of the Company. Their technical crew is supplied with trendy era and processing tactics through which they are able to be certain high quality output.
Karnika Industries sells its merchandise underneath the emblem KARNIKA and sub-categories as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club. Karnika has a reputed shopper base which incorporates quite a lot of reputed Commission Agents and retail sector shoppers. The corporate is rising at a speedy tempo and making its presence out there with high quality {and professional} paintings.
Objects of the Issue:
- To Meet Working Capital Requirement.
- General Corporate Purpose.
- To Meet the Issue Expenses.
Karnika Industries Services IPO Review
Karnika Industries IPO Date & Price Band Details
| IPO Open: | September 29, 2023 |
| IPO Close: | October 4, 2023 |
| IPO Size: | Approx ₹25.07 Crores, 3,299,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹76 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the online be offering |
| QIB Quota: | [.]% of the online be offering |
| NII Quota: | 50% of the online be offering |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Karnika Industries IPO Market Lot
The Karnika Industries IPO minimal marketplace lot is 1600 stocks with a ₹121,600 software quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹121,600 |
| Retail Maximum | 1 | 1600 | ₹121,600 |
| S-HNI Minimum | 2 | 3200 | ₹243,200 |
Karnika Industries IPO Dates
The Karnika Industries IPO date is September 29 and the IPO shut date is October 4. The IPO allotment date is October 9 and the IPO may checklist on October 12.
| IPO Open Date: | September 2, 2023 |
| IPO Close Date: | October 4, 2023 |
| Basis of Allotment: | October 9, 2023 |
| Refunds: | October 10, 2023 |
| Credit to Demat Account: | October 11, 2023 |
| IPO Listing Date: | October 12, 2023 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
Karnika Industries IPO Form
How to use Karnika Industries IPO? You can practice Karnika Industries IPO by the use of ASBA to be had for your checking account. Just pass to the net financial institution login and practice by the use of your checking account by way of deciding on the Karnika Industries IPO within the Invest segment. The different possibility you’ll practice Karnika Industries IPO by the use of IPO paperwork obtain by the use of the NSE web site. Check out the Karnika Industries paperwork – click on NSE IPO Forms obtain, fill and post for your financial institution or together with your dealer.
Karnika Industries Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹47.79 | ₹46.54 | ₹0.82 |
| 2022 | ₹98.93 | ₹91.76 | ₹4.54 |
| 2023 | ₹126.06 | ₹114.92 | ₹8.27 |
Karnika Industries IPO Valuation – FY2023
Check Karnika Industries IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹9.66 in step with Equity Share |
| Price/Earning P/E Ratio: | 7.57 |
| Return on Net Worth (RoNW): | 45.76% |
| Net Asset Value (NAV): | ₹19.85 in step with Equity Share |
Peer Group
- Karnika Industries Limited
- S.P. Apparels Limited
- Veekayem Fashion and Apparels Limited
- Mr. Niranjan Mundhra
- Mr. Shiv Shankar Mundhra
- Mr. Mahesh Kumar Mundhr
Karnika Industries IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
Karnika Industries IPO Allotment Status
Check Karnika Industries IPO allotment standing on Skyline Financial web site URL. Click Here
Karnika Industries IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
Plada Infotech Services Limited
6&6/1,
Gurgola Ghat Road P.O. Salkia
Howrah – 711106
Phone: 033-26558101
Email: [email protected]
Website: http://www.karnikaindustries.com/Default/Index
Karnika Industries IPO FAQs
What is Karnika Industries IPO?
Karnika Industries IPO is an NSE SME IPO. They are going to carry ₹25.07 Crores by the use of IPO. The factor is priced at ₹76 in step with fairness proportion. The IPO is to be indexed on NSE.
When Karnika Industries IPO will open?
What is Karnika Industries IPO Investors Portion?
How to Apply the Karnika Industries IPO?
How to Apply the Karnika Industries IPO via Zerodha?
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How to Apply the Karnika Industries IPO via Paytm Money?
What is Karnika Industries IPO Size?
What is Karnika Industries IPO Price Band?
Karnika Industries IPO Price Band is ₹76 in step with fairness proportion.
What is Karnika Industries IPO Minimum and Maximum Lot Size?
What is Karnika Industries IPO Allotment Date?
What is Karnika Industries IPO Listing Date?
Note: The Karnika Industries IPO main points are introduced formally. The IPO gray marketplace top rate (Karnika Industries IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.)
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– Source : IPOWATCH