Shree Karni Fabcom Limited IPO
Shree Karni Fabcom Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹200–₹227 per share. The stock debuted at ₹260, delivering a listing gain of 14.5%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,36,200.
Shree Karni Fabcom Limited IPO
- IPO Dates
- Mar 6, 2024 – Mar 11, 2024
- Price band
- ₹200-227 per equity share
- Minimum Investment
- ₹1,36,200
- Issue size
- ₹42.49 Cr
- Lot size
- 600
- Allotment Date
- Mar 12, 2024
- Listing
- Mar 14, 2024
- Listing At
- NSE SME
IPO timeline
-
Mar 6, 2024
Open Date
Completed
-
Mar 11, 2024
Close Date
Completed
-
Mar 12, 2024
Allotment Date
Completed
-
Mar 14, 2024
Listing Date
Completed
Shree Karni Fabcom Limited IPO Essentials
Shree Karni Fabcom Limited IPO Details
Shree Karni Fabcom Limited IPO is priced at ₹200-227 per share with a total issue size of 42.49 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.
- Issue price
- ₹200-227 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,872,000 shares(aggregating up to ₹42.5 Cr)
- Total issue size
- 18,72,000 shares
(aggregating up to ₹42.49 crore) - Fresh issue
- 18,72,000 shares
(aggregating up to ₹42.49 crore) - Listing at
- NSE SME
- List price
- 260.0
- Listing date
- Registrar
- Mas Services Limited
- Lead manager
-
Horizon Management Private Limited
Market Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,36,200 |
| Retail(max) | 1 | 600 | ₹1,36,200 |
| NII (min) | 2 | 1,200 | ₹2,72,400 |
Shree Karni Fabcom Limited IPO Reservation
Shree Karni Fabcom Limited IPO reservation details show category-wise allocation of shares. Out of the total 18,72,000 shares, approximately 19.01% are reserved for QIB, 14.26% for NII, 33.27% for retail investors, 5% for market maker, and 28.46% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 5,32,800 (28.46%) | |
| Market Maker Shares Offered | 93,600 (5%) | |
| QIB Shares Offered | 3,55,800 (19.01%) | |
| NII (HNI) Shares Offered | 2,67,000 (14.26%) | |
| Retail Shares Offered | 6,22,800 (33.27%) | |
| Total Shares Offered | 18,72,000 (100%) |
Shree Karni Fabcom Limited IPO Analytics
Shree Karni Fabcom Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shree Karni Fabcom Limited IPO Subscription Status
Shree Karni Fabcom 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 | 355,800 / 267,000 | 622,800 | 1,245,600 |
|
Day 1
06-03-24 06:00 PM
|
(0.04 / 11.26) x | 29.88 x | 17.37 x |
|
Day 2
07-03-24 06:00 PM
|
(0.71 / 37.93) x | 86.24 x | 51.45 x |
|
Day 3
11-03-24 06:00 PM
|
(1122.94 / 461.72) x | 329.21 x | 295.84 x |
Shree Karni Fabcom Limited Valuations
Earnings
- EPS Pre IPO
- ₹10.68/-
- EPS Post IPO
- ₹17.25/-
- P/E Pre IPO
- 21.26
- P/E Post IPO
- 13.16
Returns
- ROE
- 42.56%
- ROCE
- 11.34%
- RoNW
- 42.56%
- PAT Margin
- 10.75
Fundamentals
- Price / Book
- 6.17
Shree Karni Fabcom Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 9,864.25 | 5,911.11 | 2,743.05 |
| Revenue | 12,704.05 | 8,365.18 | 3,289.86 |
| Profit After Tax | 555.25 | 514.84 | 153.48 |
| Net Worth | 2,602.24 | 1,321.61 | 671.23 |
| Reserves & Surplus | 2,502.24 | 1,221.61 | 571.23 |
| Total Borrowing | 3,658.72 | 2,718.09 | 1,451.30 |
Shree Karni Fabcom Limited Company & Offer Insights
About Shree Karni Fabcom Limited
Shree Karni Fancom Limited was incorporated in March 2018. Their products include customized knitted and woven fabrics for industries related to luggage, medical arch support, chairs, shoes, and clothes. They specialise in producing Woven Fabrics, Knitted Fabrics, Coated Fabrics, and 100% Polyester. The companies source yarn, resin, acrylic and coating chemicals used in the technical textiles.
The manufacturing unit is equipped with state-of-the-art, highly automated machines that manufacture specialized technical textiles. Installed capacities are 70k meters/day for weaving, 90k kilos/month for knitting, 50k meters/day for coatings, 15k meters/day for PVC, 8k meters/day for EVA lamination, and 40k meters/day for heat embossing.
Revenue from operations for 8 months ended Nov 30, 2023 was ₹7572.22 lakhs. Fiscals 2021, 2022, and 2023 revenue were ₹3287.42 lakhs, ₹8357.36 lakhs and ₹12694.65 lakhs, respectively. During the same period, the revenue has shown a CAGR of 56.89%.
INTERTEK has given the certificate for management system ISO 9001:2015.
It sells its products to different contract manufacturers of branded luggage and shoe manufacturers, traders, and others situated in 13 states.
The company as of November 30, 2023 has 39 employees distributed across various departments.
Shree Karni Fabcom Limited Promoter(s)
Manoj Kumar Karnani, Radhe Shyam Daga, Rajiv Lakhotia, Raj Kumar Agarwal are the company's promoters of Shree Karni Fabcom Limited.
Shree Karni Fabcom Limited IPO Issue Objectives
- •
- Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat
- •
- Funding the purchase of new machinery proposed to be installed at the new unit proposed to be set up for manufacturing bags in Palsana, Surat, Gujarat, with an intent to expand the product portfolio
- •
- Funding working capital requirements of the company
- •
- General Corporate Purposes.
Shree Karni Fabcom Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shree Karni Fabcom Limited | 23.8 | 23.8 | 260.22 | N/A | 21.34 | N/A | Consolidated |
| Nobletex Industries Limited | 19.17 | 19.17 | 88.94 | N/A | 24.16 | N/A | Standalone |
Notes:
- P/E Ratio cannot be computed as the peer company is an unlisted company.
- Return on Net Worth (%) = Profit for the year ended March 31, 2023, divided by Total Equity of the Company as on March 31, 2023.
- NAV is computed as the Total Equity of the Company as on March 31, 2023, divided by the outstanding number of equity shares as on March 31, 2023.
- Market capitalization to revenue from operations cannot be computed as the peer company is an unlisted company.
Contact Information
Contact Details
Shree Karni Fabcom Limited
+91 262 235 0900
Plot 188,189,190, Block No. 314, Rajhans Texpa Village Baleshvar, Taluka Palsana, Surat - 394 317
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Shree Karni Fabcom Limited IPO is a book-built IPO worth ₹42.49 crore. The price band is ₹200–₹227 per share. The IPO opens on Mar 6, 2024 and closes on Mar 11, 2024. It will be listed on NSE SME Platform. Mas Services Limited is the registrar.
The price band of Shree Karni Fabcom Limited IPO is ₹200 to ₹227 per share.
The lot size of Shree Karni Fabcom Limited IPO is 600 shares.
The minimum investment for Shree Karni Fabcom Limited IPO is approximately ₹1,36,200 based on the upper price band .
Shree Karni Fabcom Limited IPO opens on Mar 6, 2024 and closes on Mar 11, 2024.
The allotment date of Shree Karni Fabcom Limited IPO is Mar 12, 2024.
Shree Karni Fabcom Limited IPO is expected to be listed on Mar 14, 2024, on NSE SME Platform.
Shree Karni Fabcom Limited IPO valuation snapshot: P/E 13.16, EPS ₹17.25/-, P/B 6.17, RoNW 42.56%, and market cap N/A.
To apply for Shree Karni Fabcom 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 Shree Karni Fabcom 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 Shree Karni Fabcom Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shree Karni Fabcom Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shree Karni Fabcom Limited IPO allotment status on IPO Ji for quick and easy access.