Karnika Industries Limited IPO
Karnika Industries Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹76 per share. The stock debuted at ₹81, delivering a listing gain of 6.6%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,21,600.
Karnika Industries Limited IPO
- IPO Dates
- Sep 29, 2023 – Oct 5, 2023
- Price band
- ₹76 per equity share
- Minimum Investment
- ₹1,21,600
- Issue size
- 3,299,200 shares(aggregating up to ₹25.07 Cr)
- Lot size
- 1600
- Allotment Date
- Oct 9, 2023
- Listing
- Oct 12, 2023
- Listing At
- NSE SME
IPO timeline
-
Sep 29, 2023
Open Date
Completed
-
Oct 5, 2023
Close Date
Completed
-
Oct 9, 2023
Allotment Date
Completed
-
Oct 12, 2023
Listing Date
Completed
Karnika Industries Limited IPO Essentials
Karnika Industries Limited IPO Details
Karnika Industries Limited IPO is priced at ₹76 per share with a total issue size of 3,299,200 shares(aggregating up to ₹25.07 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹76 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,299,200 shares(aggregating up to ₹25.07 Cr)
- Listing at
- NSE SME
- List price
- 81.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Karnika Industries Limited IPO Details
- Retail Portion 50%
Karnika Industries Limited IPO Documents
Karnika Industries Limited IPO Analytics
Karnika Industries Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Karnika Industries Limited IPO Subscription Status
Karnika Industries Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,566,400 | 1,566,400 | 3,132,800 |
|
Day 1
29-09-23 06:00 PM
|
(0.10) x | 0.16 x | 0.13 x |
|
Day 2
03-10-23 06:00 PM
|
(0.03) x | 0.46 x | 0.25 x |
|
Day 3
04-10-23 05:00 PM
|
(0.56) x | 0.90 x | 0.73 x |
|
Day 4
05-10-23 05:00 PM
|
(3.32) x | 2.91 x | 3.12 x |
Karnika Industries Limited Valuations
Earnings
- EPS (Post IPO)
- ₹9.66/-
- P/E Ratio
- 7.57
Returns
- RoNW
- 45.76%
Karnika Industries Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 10,071.04 | 5,921.42 | 3,055.87 |
| Revenue | 12,605.62 | 9,892.52 | 4,779.31 |
| Profit After Tax | 826.74 | 454.01 | 81.61 |
Karnika Industries Limited Company & Offer Insights
About Karnika Industries Limited
Karnika Industries Limited, previously known as Karni International, manufactures and exports garments in India.
Karnika Industries manufactures all types of kids' wear i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pajamas, winter wear, infant wear, etc. The company has well-established manufacturing units for designing, preparing 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.
The company sells its products under the brand KARNIKA and sub-categories as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club.
Karnika Industries Limited Promoter(s)
Mr. Niranjan Mundhra, Mr. Shiv Shankar Mundhra, Mr. Mahesh Kumar Mundhr are the company's promoters of Karnika Industries Limited.
Karnika Industries Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirement.
- •
- General Corporate Purpose.
- •
- To Meet the Issue Expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Karnika Industries Limited IPO is a Fixed Priced IPO worth ₹3,299,200 shares(aggregating up to ₹25.07 Cr). The issue price is ₹76 per share (fixed price). The IPO opens on Sep 29, 2023 and closes on Oct 5, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Karnika Industries Limited IPO is ₹76 per share (fixed price).
The lot size of Karnika Industries Limited IPO is 1600 shares.
The minimum investment for Karnika Industries Limited IPO is approximately ₹1,21,600 based on the issue price .
Karnika Industries Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.
The allotment date of Karnika Industries Limited IPO is Oct 9, 2023.
Karnika Industries Limited IPO is expected to be listed on Oct 12, 2023, on NSE SME Platform.
Karnika Industries Limited IPO valuation snapshot: P/E 7.57, EPS ₹9.66/-, P/B N/A, RoNW 45.76%, and market cap N/A.
To apply for Karnika Industries Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Karnika Industries Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Karnika Industries Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Karnika Industries Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Karnika Industries Limited IPO allotment status on IPO Ji for quick and easy access.