The Karnika Industries IPO minimum market lot is 1600 with ₹121,600 application amount. The IPO is a NSE SME IPO, and it will list on NSE.
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, sleep suits, 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.
IPOWatch View
We recommend investors may apply an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Karnika Industries IPO Subscription Status – Day 4
Category | IPO Subscription Numbers |
NII | 3.22 |
RII | 2.91 |
Total | 3.07 |
Karnika Industries IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Karnika Industries IPO Review
- Avoid
Karnika Industries IPO Form
How to apply for the Karnika Industries IPO? You can apply for 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 is you can apply for Karnika Industries IPO via IPO forms downloaded via NSE. Check out the Karnika Industries forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.