Karnika Industries IPO will be Open on 29 September 2023 and closes on 05 October 2023. The company has fixed the price of this IPO at ₹76 according to the face value of ₹10. The company will raise ₹25.07 Crores through this IPO under the 3,299,200 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Karnika Industries IPO GMP here.
Karnika Industries Limited manufacture through job work all types of kids wear i.e., shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc. The company has constructed well-established manufacturing units for designing, preparation of sample, quality inspection, ironing and packing of Garments that is equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit. You can check Karnika Industries IPO subscription status here.
The company focus on producing quality product to increase customer satisfaction and develop a positive brand image in the industry. The company team have enabled us to maintain continuing customer relations, ensuring repeat order flows.
The company sell our products under brand of KARNIKA and sub category as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club. You can check Karnika Industries IPO Allotment Status here.
Objects Of The Issue :
- To Meet Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
Company Strengths :
- Diversified Product Portfolio
- Consistency in Quality and Service Standards
- Cost effective production and timely fulfilment of orders
- Scalable Business Model
- Organizational stability along with management expertise
- Existing client relationship
- High level of customer satisfaction
| Read also: Upcoming IPO List 2023 |
Karnika Industries IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹8.27 Cr ₹76 Per Shares 9.66 7.57x 63.19 % 48.02 % 64.70 % 2.90 ₹19.85 ₹100.71 Cr ₹94.24 Cr 100.00 % 73.39 % |
| Team Review : | ✔ Apply For Long Term |
Karnika Industries IPO GMP Live:
Karnika Industries IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP |
| Today | Check Day Wise Live GMP |
Karnika Industries IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 29 September 2023 |
| IPO Close : | 05 October 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹76 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹25.07 Cr {3,299,200 Shares} |
| Fresh Issue : | ₹25.07 Cr {3,299,200 Shares} |
Karnika Industries IPO Market Lot :
Karnika Industries IPO Minimum Market lot is 1 Lot with 1600 shares with ₹121,600 Application amount. The retail investors can apply up to 1 lots with 1600 Shares or ₹121,600 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1600 | ₹121,600 |
| Retail (Max) : | 1 | 1600 | ₹121,600 |
| S-HNI (Min) : | 2 | 3200 | ₹243,200 |
Karnika Industries IPO Net Reservation :
Karnika Industries IPO Net Reservation of 3,299,200 shares are to be bid for the public issue by Karnika Industries IPO with 1,566,400 for NII 1,566,400 For RII.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 1,566,400 | ₹11.90 Cr |
| RII : | 50% | 1,566,400 | ₹11.90 Cr |
| MMRP : | – % | 1,66,400 | ₹1.26 Cr |
| Total : | 100% | 3,299,200 | ₹25.07 Cr |
Karnika Industries IPO EPS & RoNW :
The Karnika Industries company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹9.66 | 45.76% | ₹19.85 |
| 2022 | ₹6.49 | 24.40% | ₹53.17 |
| 2021 | ₹1.17 | 21.58% | ₹10.80 |
Karnika Industries IPO Peer Comparison PE :
The Karnika Industries, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | S.P. Apparels Limited | 8.91 |
| 2. | Veekayem Fashion | 11.67 |
Karnika Industries IPO Dates :
Karnika Industries IPO Date is 29 September 2023 and closes on 05 October 2023. The allotment will be finalized on 10 October 2023 and the IPO may list on 13 October 2023.
| Issue Open Date : | 29 September 2023 |
| Issue Close Date : | 05 October 2023 |
| Allotment Date : | 10 October 2023 |
| Refund Date : | 11 October 2023 |
| Share Credit Date : | 12 October 2023 |
| Listing Date : | 13 October 2023 |
Karnika Industries IPO Form :
There are two ways to apply in Karnika Industries IPO. You can apply for Karnika Industries IPO through ASBA available in your bank account. You have to go to your online bank login and select Karnika Industries IPO in the Invest section and apply through your bank account. Another option is you can apply Karnika Industries IPO through IPO form download through NSE and BSE. See the Karnika Industries IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Karnika Industries Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹12,605.62 | ₹11492.07 | ₹826.74 |
| 2022 | ₹9,892.52 | ₹9175.51 | ₹454.01 |
| 2021 | ₹4,779.31 | ₹4654.03 | ₹81.61 |
Company Promoters :
■ Mr. Niranjan Mundhra
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Karnika Industries IPO Lead Managers :
■ Beeline Capital Advisors Pvt Ltd
Karnika Industries IPO Registrar :
Skyline Financial Services Pvt Ltd
D-153A, 1st Floor, Okhla Industrial Area
Phase-I, New Delhi – 110020, India
Tel. No.: 011-40450193-197
Fax No.: 011-26812683
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.skylinerta.com
Note: Check Karnika Industries IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Karnika Industries Limited
6&6/1, Gurgola Ghat Road, P.O. Salkia, Howrah,
Howrah, West Bengal – 711106, India.
Tel. No.: 033-26558101
E-mail: [email protected]
Website: www.karnikaindustries.com
Karnika Industries IPO FAQs :
What is Karnika Industries IPO?
Karnika Industries IPO is SME IPO. They are going to raise ₹25.07 Crores via IPO. The issue is priced at ₹76 per equity share. The IPO to be listed on NSE, SME.
When Karnika Industries IPO will open?
The IPO is to open on 29 Sep – 05 Oct for QIB, NII & RII.
How much is Karnika Industries IPO Size?
Karnika Industries IPO size is ₹25.07 Crores.
How much is the Fresh issue size of Karnika Industries IPO?
The Fresh issue size of Karnika Industries IPO ₹25.07 Cr.
What is Karnika Industries IPO Price Band?
Karnika Industries IPO Price Band is ₹76 Per share.
What is the Karnika Industries IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹121,600 amount while the maximum bid is 1600 shares with ₹121,600.
How much is Karnika Industries IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Karnika Industries IPO Allotment Date?
Karnika Industries IPO allotment date is 10 October 2023.
When is Karnika Industries IPO Listing Date?
Karnika Industries IPO listing date is 13 October 2023. The IPO to list on NSE, SME.
How to Apply the Karnika Industries IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Karnika Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Karnika Industries IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Karnika Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Karnika Industries IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Karnika Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Karnika Industries IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Karnika Industries IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Karnika Industries GMP: Click Here Karnika Industries Subscription: Click Here Karnika Industries Allotment: Click Here Karnika Industries Listing: Click Here |
All Karnika Industries IPO-related links are available here. If you want to know the details then click on Click Here Link.
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