Shashwat Furnishing Solutions Limited IPO
BSE SMEListed On: May 4, 2022 at ₹ 45.0
₹ 270000 /6000 Shares
*Min Investment
20 Apr, 2022
Open Date25 Apr, 2022
Close Date30 Apr, 2022
Allotment Date04 May, 2022
Listing DateIPO Issue Details
- Issue Price ₹45 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 558,000 Eq Shares of ₹10(aggregating up to ₹2.51 Cr)
- Listing at BSE SME
- List Price 45.0
- Listing Date 2022-05-04
- Lead Manager Beeline Broking Ltd
- Registrar KFin Technologies Limited
IPO Details
- Retail Portion N/A
IPO Details
Shashwat Furnishing Solutions Limited IPO is an SME IPO, priced at ₹45 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Apr 20, 2022 to Apr 25, 2022. The allotment is expected to be finalized on Apr 30, 2022, and the tentative listing date is May 4, 2022.
The registrar of the IPO is KFin Technologies Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 264,000 | 264,000 | 528,000 |
Day 1 20-04-22 06:00 PM | 0.00 x | 0.49 x | 0.24 x |
Day 2 21-04-22 05:00 PM | 0.23 x | 1.72 x | 0.97 x |
Day 3 22-04-22 05:00 PM | 0.75 x | 2.53 x | 1.64 x |
Day 4 25-04-22 05:00 PM | 2.43 x | 6.81 x | 4.62 x |
Valuations
Company Financials
| 28-Feb-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 2.34 | N/A | N/A | N/A |
| Revenue | 1.23 | N/A | N/A | N/A |
| Profit After Tax | 0.16 | N/A | N/A | N/A |
About Company
Shashwat Furnishing Solutions Limited is a manufacturer and supplier of furniture and handicraft items. The company specialize in developing Industrial Furniture, Restaurant and Cafe Furniture, Garden and Outdoor Furniture, Vintage Furniture, Mirror Frames, Wall clocks and various other decoration & handicrafts objects. The company engages in the business of purchasing, assembling, finishing and repairing semi-furnished furniture to converting them into finished goods. Shashwat Furnishing Solutions sells its furniture to wholesalers, retailers and customers through online platforms such as Indiamart, Trade India, Exporter India etc.Shashwat Furnishing Solutions Limited acquired a sole proprietorship business M/s Handicrafts Village in 2021. The company's registered office, warehouse and processing unit are located in Jodhpur, Rajasthan.
Read More- Promoter(s)
Mr. Hitesh Karnawat
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.28%
IPO - Issue Objectives
Working Capital Requirement.
General Corporate Purpose.
To Meet the Issue Expenses.
IPO - FAQs
Ans. Shashwat Furnishing Solutions Limited IPO is a SME IPO. The issue is priced at ₹45 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Apr 20, 2022, and closes on Apr 25, 2022. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Shashwat Furnishing Solutions Limited IPO opens on Apr 20, 2022 and closes on Apr 25, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Shashwat Furnishing Solutions Limited IPO is 558,000 Eq Shares of ₹10(aggregating up to ₹2.51 Cr).
Ans. The Shashwat Furnishing Solutions Limited IPO price band is set between ₹45 per equity share.
Ans. To apply for Shashwat Furnishing Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Shashwat Furnishing Solutions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Shashwat Furnishing Solutions Limited IPO is Apr 30, 2022.
Ans. The Shashwat Furnishing Solutions Limited IPO will be listed on May 4, 2022.
Ans. Follow the steps to check the Shashwat Furnishing Solutions Limited IPO allotment status online.
