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Shree Karni Fabcom IPO Date, Review, Price, Allotment Details

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.

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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.

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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.

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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?

The IPO is to open on March 6, 2024 for QIB, NII, and Retail Investors.

What is Shree Karni Fabcom IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Shree Karni Fabcom IPO?

You can practice Shree Karni Fabcom IPO by way of ASBA on-line by way of your checking account. You too can practice for ASBA on-line by way of UPI via your inventory agents. You too can practice by way of your inventory agents by way of filling up the offline shape.

How to Apply the Shree Karni Fabcom IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Shree Karni Fabcom”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Shree Karni Fabcom IPO via Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Shree Karni Fabcom”. Click on Bid Button. Confirm your utility. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Shree Karni Fabcom IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Shree Karni Fabcom”. Click on Bid Button. Confirm your utility. Now cross for your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Shree Karni Fabcom IPO Size?

Shree Karni Fabcom IPO measurement is ₹42.49 crores.

What is Shree Karni Fabcom IPO Price Band?

Shree Karni Fabcom IPO Price Band is ₹220 to ₹227 in keeping with fairness percentage.

What is Shree Karni Fabcom IPO Minimum and Maximum Lot Size?

The IPO bid is 600 stocks with ₹136,200.

What is Shree Karni Fabcom IPO Allotment Date?

Shree Karni Fabcom IPO allotment date is March 12, 2024.

What is Shree Karni Fabcom IPO Listing Date?

Shree Karni Fabcom IPO checklist date is March 14, 2024. The IPO to listing on NSE SME.

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

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