Shree Karni Fabcom
Shree Karni Fabcom Info
Details about the Shree Karni Fabcom IPO. Opening Date of Shree Karni Fabcom is 06 Mar 24 and Closing Date is 11 Mar 24 . Face Value of Each share of Shree Karni Fabcom is ₹10 per share. Price band of Shree Karni Fabcom is ₹220 to ₹227. The Lot size of Shree Karni Fabcom is 600 shares. Total issue size of Shree Karni Fabcom IPO is ₹42.49 cr. Fresh Issue of Shree Karni Fabcom IPO is 42.49 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Shree Karni Fabcom is 5,200,000. Share Holding Post Issue of Shree Karni Fabcom is 7,072,000.
Business Summary
Shree Karni Fabcom is engaged in the business of manufacturing of Technical Textile for the luggage, medical arch support, chairs, shoes and apparels industry.
Shree Karni Fabcom is specialize in Woven Fabrics, Knitted Fabrics, Coated Fabrics, 100% polyester and recycled polyester fabric. Company procure yarn, resin, acrylic and coating chemicals to manufacture specialized technical textile and sell them to various luggage, medical arch support, chairs, shoes and apparels manufacturers and other textile intermediaries.
The fabric manufactured by company also has diverse applications for luggage, roofing, agriculture net, vehicle covers, tents, armed forces fabric, sports-kits, chairs, medical arch support, umbrella and rain coats amongst others.
Shree Karni Fabcom manufacturing unit is equipped with automated machines for manufacturing of specialized technical textile with installed capacity of 70,000 meters per day for weaving, 90,000 kilos per month for knitting, 50,000 meters per day for poly acrylic and polyurethane coating, 15,000 meters per day for PVC / 8,000 meters per day for EVA lamination and 40,000 meters per day heat embossing.
Shree Karni Fabcom IPO Details
| Open Date | 06 Mar 24 |
|---|---|
| Close Date | 11 Mar 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹220 - ₹227 |
| Lot Size | 600 Shares |
| Total issue Size | 1,872,000 Shares ₹42.49 cr |
| Fresh Issue | 1,872,000 Shares ₹42.49 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 5,200,000 |
| Share Holding Post Issue | 7,072,000 |
| Market Maker | MLB Stock Broking |
| Market Maker Portion | 93,600 Shares |
| RHP , DHRP | View RHP, View DRHP |
Shree Karni Fabcom IPO Timeline
The Shree Karni Fabcom Initial Public Offering (IPO) is set to open on 06 Mar 24 and will end its subscription phase on 11 Mar 24. You can check your allotment status for Shree Karni Fabcom on 12 Mar 24. The refund process for your funds will start promptly on 13 Mar 24. Shree Karni Fabcom IPO credit of shares will be on 13 Mar 24. The listing date for Shree Karni Fabcom is on 14 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Shree Karni Fabcom IPO Reservation
The Shree Karni Fabcom IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
93,600 Shares will be reserved for subscription by MLB Stock Broking
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Shree Karni Fabcom IPO Lot Size
Bids can be made for minimum of 600 shares and in multiple of 600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | 136,200 |
| Retail (Max) | 1 | 600 | 136,200 |
| HNI (Min) | 2 | 1,200 | 272,400 |
Shree Karni Fabcom IPO Promoters Holding
Promoters holding details for Shree Karni Fabcom in the current issue is as follows: The share holding of promoters before the issue stands at 96.16%, and after the issue, it has been adjusted to 70.07%.
Promoters of Shree Karni Fabcom are Manoj Kumar Karnani, Radhe Shyam Daga, Rajiv Lakhotia, Raj Kumar Agarwal,
| Share Holding Pre Issue | 96.16% |
|---|---|
| Share Holding Post Issue | 70.07% |
Shree Karni Fabcom Financial Information
Financial performance details for Shree Karni Fabcom over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Nov 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 14,124.38 | 9,864.25 | 5,911.11 | 2,743.05 |
| Revenue | 7,599.48 | 12,704.05 | 8,365.18 | 3,289.86 |
| Profit After Tax | 813.44 | 555.25 | 514.84 | 153.48 |
Shree Karni Fabcom IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Shree Karni Fabcom are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 21.26 |
| ROCE | 11.34% |
| ROE | 42.56% |
| RoNW | 42.56% |
| EPS (Rs) | 10.68 |
Object of the Issue
- • 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
Contact Details for Shree Karni Fabcom
Phone
Office
Block No. 314, Rajhans Texpa, Village Baleshvar, Taluka Palsana, Surat - 394 317, Gujarat, India.
Registrar Details for Shree Karni Fabcom
Mas Services Limited
Phone
Office
T-34, 2nd Floor, Okhla Industrial Area, Phase-II New Delhi- 110 020
Lead Manager
- • Horizon Management Private Limited