Shree Karni Fabcom IPO Details, Date, Review, Price

Shree Karni Fabcom IPO Details, Date, Review, Price

OUR BUSINESS

Company Incorporated in March 2018, Shree Karni Fancom Limited We are engaged in the manufacturing of technical textiles tailored for diverse industries such as luggage, medical arch support, chairs, shoes, and apparels. Our production process begins with yarn procurement and encompasses weaving,coating, printing, and finishing, resulting in knitted and woven fabrics crafted to meet our clients’ customized specifications. Specializing in Woven Fabrics, Knitted Fabrics, Coated Fabrics, and 100% polyester, we source yarn,
resin, acrylic, and coating chemicals to produce specialized technical textiles.

Our Company Specialised in converting yarn into fabric through knitting of fabrics. We outsource weaving, coating, sizing and embossing of specialized technical
textile to our Subsidiary, IGK Technical Textile LLP.

Our Product luggage, roofing, agriculture net, vehicle covers, tents, armed forces fabric, sports kits, chairs, medical arch support, umbrellas, and raincoats.

 

OBJECTS OF ISSUE

1. Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat;
2. Funding the purchase of new machinery proposed to be installed at our new unit proposed to be set up for
manufacturing bags in Palsana, Surat, Gujarat, with an intent to expand our product portfolio;
3. Funding working capital requirements of our Company; and
4. General Corporate Purposes.

SHREE KARNI FABCOM IPO DATE & PRICE BAND DETAILS

IPO Open DateMarch 6, 2024
IPO Close DateMarch 11, 2024
IPO SizeApprox ₹42.49 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band ₹220 to ₹227 Per Every Share
IPO Listing OnNSE SME
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%

SHREE KARNI FABCOM IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum1600₹136,200
Retail Maximum1600₹136,200
S-HNI Minimum21,200₹272,400

OUR PROMOTERS

  • Manoj Kumar Karnani.
  • Rajiv Lakhotia.
  • Raj Kumar Agarwal Our Company Promoters.

SHREE KARNI FABCOM IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateMarch 6, 2024
IPO Close DateMarch 11, 2024
Basis of AllotmentMarch 12, 2024
RefundsMarch 13, 2024
Credit to Demat AccountMarch 13, 2024
IPO Listing DateMarch 14, 2024

SHREE KARNI FABCOM FINANCIAL REPORTS

₹ in Crores
YearRevenueExpensePAT
2023 ₹127.04 ₹118.53 ₹5.55
2022 ₹83.65 ₹78.40 ₹5.15
2021 ₹32.90 ₹31.22 ₹1.53

QUALITATIVE FACTOR

  •  Specialized technical textile manufacturers with long standing market presence.
  •  Established Track Record.
  •  Existing client and supplier relationships.
  •  Quality Assurance and Quality Control of our products.
  •  Strategically located manufacturing facilities with modern infrastructure and integrated manufacturing facilities With a core focus on quality.
  •  Cost efficient sourcing and Locational Advantage.
  •  Well Experienced Management Team with proven Project Management and Implementation Skills.

SHREE KARNI FABCOM COMPANY CONTACT DETAILS

Plot 188,189,190, Block No. 314,
Rajhans Texpa, Village Baleshvar,
Taluka Palsana, Surat – 394 317,
Gujarat, India.
Telephone: +91 262 235 0900
E-mail: shreekarni@skflindia.com
Investor grievance id: investors@skflindia.com
Website: www.skflindia.com

SHREE KARNI FABCOM IPO REGISTAR

MAS Services Limited
T-34, 2nd Floor, Okhla Industrial Area,
Phase-II New Delhi- 110 020
Telephone: +91 112 638 7281/83
E-mail: ipo@masserv.com
Investor grievance: investor@masserv.com
Contact Person: N. C. Pal
Website: www.maashitla.com

Leave a Comment

Facebook
Twitter
WhatsApp
Telegram
LinkedIn