Shree Karni Fabcom is engaged within the production of technical textiles adapted for various industries reminiscent of baggage, clinical arch fortify, chairs, footwear, and attire. Their manufacturing procedure starts with yarn procurement and encompasses weaving, coating, printing, and completing, leading to knitted and woven materials crafted to satisfy their shoppers’ custom designed specs. Specializing in Woven Fabrics, Knitted Fabrics, Coated Fabrics, and 100% polyester, they supply yarn, resin, acrylic, and coating chemical compounds to provide specialised technical textiles. The Company specialises in changing yarn into material via knitting of materials. They outsource weaving, coating, sizing, and embossing of specialised technical textiles to their Subsidiary, IGK Technical Textile LLP.
Their product packages span a large spectrum, together with baggage, roofing, agriculture nets, car covers, tents, militia material, sports activities kits, chairs, clinical arch fortify, umbrellas, and raincoats. Their production unit is supplied with computerized machines for production specialised technical textiles with put in capability of 70,000 meters in keeping with day for weaving, 90,000 pounds per 30 days for knitting, 50,000 meters in keeping with day for poly acrylic and polyurethane coating, 15,000 meters in keeping with day for PVC / 8,000 meters in keeping with day for EVA lamination and 40,000 meters in keeping with day warmth embossing. They marketplace and promote below their logo ‘SKFL’. They suggest to make use of a portion of the Net Proceeds of this Issue in opposition to putting in of dyeing facility and ahead integration for production of baggage at land already bought in very shut neighborhood to our current production setup.
Objects of the Issue:
- Funding the capital expenditure putting in a dyeing unit in Navsari District, Surat, Gujarat.
- Funding the acquisition of latest equipment proposed to be put in on the new unit proposed to be arrange for production luggage in Palsana, Surat, Gujarat, with an intent to enlarge the product portfolio.
- Funding operating capital necessities of the corporate.
- General Corporate Purposes.
IPO Open: | March 6, 2024 |
IPO Close: | March 11, 2024 |
IPO Size: | Approx ₹42.49 Crores, 1,872,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹220 to ₹227 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the online be offering |
QIB Quota: | 50% of the online be offering |
NII Quota: | 15% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
The Shree Karni Fabcom IPO minimal marketplace lot is 600 stocks with a ₹136,200 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 600 | ₹136,200 |
Retail Maximum | 1 | 600 | ₹136,200 |
S-HNI Minimum | 2 | 1200 | ₹272,400 |
The Shree Karni Fabcom IPO date is March 6 and the IPO shut date is March 11. The IPO allotment date is March 12 and the IPO would possibly listing on March 14.
IPO Open Date: | March 6, 2024 |
IPO Close Date: | March 11, 2024 |
Basis of Allotment: | March 12, 2024 |
Refunds: | March 13, 2024 |
Credit to Demat Account: | March 13, 2024 |
IPO Listing Date: | March 14, 2024 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
How to use Shree Karni Fabcom IPO? You can practice Shree Karni Fabcom IPO by way of ASBA to be had to your checking account. Just cross to the net financial institution login and practice by way of your checking account by way of settling on the Shree Karni Fabcom IPO within the Invest phase. The different possibility you’ll practice Shree Karni Fabcom IPO by way of IPO paperwork obtain by way of the NSE web site. Check out the Shree Karni Fabcom paperwork – click on NSE IPO Forms obtain, fill and post to your financial institution or together with your dealer.
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹32.90 | ₹31.22 | ₹1.53 |
2022 | ₹83.65 | ₹78.40 | ₹5.15 |
2023 | ₹127.04 | ₹118.53 | ₹5.55 |
2023 6M | ₹75.99 | ₹65.08 | ₹8.13 |
Check Shree Karni Fabcom 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): | ₹11.10 in keeping with Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 21.34% |
Net Asset Value (NAV): | ₹36.77 in keeping with Equity Share |
Peer Group
- Nobletex Industries Limited
- Manoj Kumar Karnani
- Radhe Shyam Daga
- Rajiv Lakhotia
- Raj Kumar Agarwal
Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/decide.asp
Check Shree Karni Fabcom IPO allotment standing on Mas Services web site URL. Click Here
- Horizon Management Private Limited
Company 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
Email: [email protected]
Website: http://www.skflindia.com/
Shree Karni Fabcom IPO FAQs
What is Shree Karni Fabcom IPO?
Shree Karni Fabcom IPO is an NSE SME IPO. They are going to carry ₹42.49 Crores by way of IPO. The factor is priced at ₹220 to ₹227 in keeping with fairness percentage. The IPO is to be indexed on NSE.
When Shree Karni Fabcom IPO will open?
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What is Shree Karni Fabcom IPO Price Band?
Shree Karni Fabcom IPO Price Band is ₹220 to ₹227 in keeping with fairness percentage.
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Note: The Shree Karni Fabcom IPO main points are introduced formally. The IPO gray marketplace top class (Shree Karni Fabcom IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH