Karnika Industries IPO

29 Sep 2023 - 05 Oct 2023 Individual Category IPO NSE

Min Investment

₹243200

Price Band

₹76-₹0

Issue Size

0.27 thousands
Equity Shares

Lot Size

1600 (per lot)

IPO Dates
img

29 Sep 2023

Open Date

img

05 Oct 2023

Close Date

img

10 Oct 2023

Allotment Date

img

17 Oct 2023

Listing Date

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 started from September 29, 2023 and ended 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. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Karnika Industries IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Karnika Industries IPO is Spread X Securities.

Know Before Investing

Strengths icon

Weaknesses icon

About Karnika Industries Ipo

Incorporated in 2017, 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, tees, rompers, sleepsuits, pajamas, winter wear, infant wear, etc. The company has well-established manufacturing units for designing, preparing the sample, quality inspection, ironing, and packing of Garments that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit. The company sells its products under the brand KARNIKA and sub-categories as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club.

Founded

Managing Director

Parent Organization

IPO Objectives

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To Meet Working Capital Requirement. General Corporate Purpose. To Meet the Issue Expenses.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account