Karnika Industries Limited

Karnika Industries Limited

SMEClosed

₹1,21,600(1,600 Shares)

Minimum Investment

IPO Dates

Sep 29, 2023 – Oct 5, 2023

Price Band

₹76–76 per equity share

Lot Size

1600

Listing

Oct 12, 2023

Listing At

NSE SME

Sep 29, 2023Open DateCompleted
Oct 5, 2023Close DateCompleted
TBAAllotment DateUpcoming
Oct 12, 2023Listing DateCompleted

Karnika Industries Limited Live Subscription Details

All IPOs
Retail2.91x
QIB / NII3.32x

Overall Subscription

Total Bids Received

3.12x

Karnika Industries Limited IPO Issue Details

Issue Price
₹76 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Oct 12, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)11,600₹1,21,600
Retail (Max)11,600₹1,21,600
sHNI (Min)23,200₹2,43,200

Company Information

Karnika Industries Limited, previously known as Karni International, manufactures and exports garments in India.Karnika Industries manufactures all types of kids' wear i.e., shorts, joggers, capri, te...

Valuations

RoNW

45.76%

Objectives of the Issue

  1. 1To Meet Working Capital Requirement.
  2. 2General Corporate Purpose.
  3. 3To Meet the Issue Expenses.

Karnika Industries Limited – Promoter(s)

Mr. Niranjan Mundhra
Mr. Shiv Shankar Mundhra
Mr. Mahesh Kumar Mundhr

Contact Details

Frequently Asked Questions — Karnika Industries Limited IPO

The Karnika Industries Limited IPO price band is set at ₹76.00 to ₹76.00 per equity share.

The lot size for Karnika Industries Limited IPO is 1600 shares per lot. The minimum investment amount is approximately ₹1,21,600.

The Karnika Industries Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.

Karnika Industries Limited IPO is expected to be listed on Oct 12, 2023 on NSE SME.

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