Karnika Industries is an ISO 14001:2015 certified manufacturer through job work, trader, and exporter of garments. They manufacture through job work all types of kids’ wear i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pajamas, winter wear, infant wear, etc. They have constructed well-established manufacturing units for designing, preparation of the sample, quality inspection, ironing, and packing of Garments that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit. Machinery that is equipped in their infrastructure is operated by their highly experienced team of professionals. They are manufacturing the majority of our products through job work, they are capable of undertaking bulk requirements of our clients and deliver within stipulated schedule.
The company majorly focuses on high-quality fabrics and garments, delivering quality textiles and maintaining long-term associations with their clients. The level of advancement determines the productivity of machines and labor, which in turn, determines the production and profitability of the Company. Their technical team is equipped with modern technology and processing techniques by which they can ensure quality output.
Karnika Industries sells its products under the brand KARNIKA and sub-categories as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club. Karnika has a reputed client base which includes various reputed Commission Agents and retail sector clients. The company is growing at a rapid pace and making its presence in the market with quality and professional work.
Objects of the Issue:
- To Meet Working Capital Requirement.
- General Corporate Purpose.
- To Meet the Issue Expenses.
Karnika Industries Services IPO Review
- May Apply
Karnika Industries IPO Date & Price Band Details
|IPO Open:||September 29, 2023|
|IPO Close:||October 5, 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 net offer|
|QIB Quota:||[.]% of the net offer|
|NII Quota:||50% of the net offer|
|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 minimum market lot is 1600 shares with a ₹121,600 application amount.
Karnika Industries IPO Dates
The Karnika Industries IPO date is September 29 and the IPO close date is October 5. The IPO allotment date is October 10 and the IPO might list on October 13.
|IPO Open Date:||September 29, 2023|
|IPO Close Date:||October 5, 2023|
|Basis of Allotment:||October 10, 2023|
|Refunds:||October 11, 2023|
|Credit to Demat Account:||October 12, 2023|
|IPO Listing Date:||October 13, 2023|
Karnika Industries IPO Form
How to apply Karnika Industries IPO? You can apply Karnika Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Karnika Industries IPO in the Invest section. The other option you can apply Karnika Industries IPO via IPO forms download via the NSE website. Check out the Karnika Industries forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Karnika Industries Company Financial Report
|₹ in Crores|
Karnika Industries IPO Valuation – FY2023
Check Karnika Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹9.66 per Equity Share|
|Price/Earning P/E Ratio:||7.57|
|Return on Net Worth (RoNW):||45.76%|
|Net Asset Value (NAV):||₹19.85 per Equity Share|
- 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
Email: [email protected]
Karnika Industries IPO Allotment Status
Check Karnika Industries IPO allotment status on Skyline Financial website URL. Click Here
Karnika Industries IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Plada Infotech Services Limited
Gurgola Ghat Road P.O. Salkia
Howrah – 711106
Email: [email protected]