Karnika Industries Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 28-09-2023 | 04-10-2023 | 10 per share | 76 | 1600 Shares | NSE SME | 3,299,200 shares (aggregating up to ₹25.07 Cr) | 2023-10-09 18:30:00 | 2023-10-10 18:30:00 | 2023-10-11 18:30:00 | 12-10-2023 |
About The Company
Karnika Industries IPO is a fixed price issue of Rs 25.07 crores. The issue is entirely a fresh issue of 32.99 lakh shares.
Karnika Industries IPO bidding opened for subscription on September 29, 2023 and will close on October 5, 2023. The allotment for the Karnika Industries IPO is expected to be finalized on Tuesday, October 10, 2023. Karnika Industries IPO will list on NSE SME with tentative listing date fixed as Friday, October 13, 2023.
Karnika Industries IPO price is ₹76 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹121,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹243,200.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2021 | 3056 | 4779 | 82 | 378.14 | 0 | 1570.94 |
| 30-03-2022 | 5921 | 9893 | 454 | 1860.88 | 1806.83 | 2224.13 |
| 30-03-2023 | 10071 | 12606 | 827 | 1806.83 | 896.8 | 5245.53 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Market Maker | 1 |
| Non-Institutional Buyers* | 0.28 |
| Retail Investors | 0.65 |
| Total | 0.46 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 121600 |
| Retail (Max) | 1 | 1600 | 121600 |
| HNI (Min) | 2 | 3200 | 243200 |
IPO Listing Details
| Listing Date | 12-10-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 76 |
Promoter holdings
Mr. Niranjan Mundhra, Mr. Shiv Shankar Mundhra, and Mr. Mahesh Kumar Mundhr
Contact Information of the Company
Karnika Industries Limited
6&6/1,
Gurgola Ghat Road P.O. Salkia
Howrah - 711106
Phone: 033-26558101
Email: info@karnikaindustries.com
Website: http://www.karnikaindustries.com/Default/Index
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd