Shree Karni Fabcom IPO GMP Today ( Grey Market Premium )

Shree Karni Fabcom IPO GMP Today ( Grey Market Premium )

The Shree Karni Fabcom IPO commenced on March 6, 2024, and concluded on March 11, 2024. The allotment of shares took place on March 12, 2024, and the initiation of refunds began on March 13, 2024. The shares were credited to the demat accounts of investors on March 13, 2024. Finally, the listing of Shree Karni Fabcom on the stock exchange occurred on March 14, 2024.

The Shree Karni Fabcom IPO was priced at ₹220 to ₹227 per share, with a lot size of 600 shares. The total issue size was ₹42.49 crores, comprising a fresh issue of 42.49 crores. The IPO was listed on the NSE SME.

Shree Karni Fabcom IPO Basic Details

Company NameShree Karni Fabcom Limited
Shree Karni Fabcom IPO GMP Today₹250
Shree Karni Fabcom IPO Listing Gain110.13%
Shree Karni Fabcom IPO Open DateMarch 6, 2024
Shree Karni Fabcom IPO Close DateMarch 11, 2024
Shree Karni Fabcom IPO Allotment DateMarch 12, 2024
Shree Karni Fabcom IPO Listing DateMarch 14, 2024
Face Value₹10 per share
Price₹220 to ₹227 per share
Lot Size600 Shares
Issue Size1,872,000 shares of ₹10
(aggregating up to ₹42.49 Cr)
Fresh Issue1,872,000 shares of ₹10
(aggregating up to ₹42.49 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Company PromotersManoj Kumar Karnani,
Radhe Shyam Daga, Rajiv Lakhotia
and Raj Kumar Agarwal

Shree Karni Fabcom IPO GMP Today:

DateGMPListing GainKostakSubject to
6 March 2024₹250110.13%

Shree Karni Fabcom Limited IPO Details:

Established in March 2018, Shree Karni Fancom Limited specializes in crafting tailor-made knitted and woven fabrics for diverse industries, including luggage, medical arch support, chairs, shoes, and apparel. Their expertise lies in Woven Fabrics, Knitted Fabrics, Coated Fabrics, and 100% polyester. They source yarn, resin, acrylic, and coating chemicals to create specialized technical textiles.

Equipped with state-of-the-art, highly automated machines, the manufacturing unit produces specialized technical textiles with capacities of 70,000 meters/day for weaving, 90,000 kilos/month for knitting, 50,000 meters/day for coatings, 15,000 meters/day for PVC, 8,000 meters/day for EVA lamination, and 40,000 meters/day for heat embossing.

For the 8 months ending on November 30, 2023, the company generated ₹7572.22 lakhs in revenue from operations. In fiscal years 2021, 2022, and 2023, the revenue reached ₹3287.42 lakhs, ₹8357.36 lakhs, and ₹12694.65 lakhs, respectively, showing a remarkable CAGR of 56.89% during this period.

Shree Karni Fancom Limited has received the ISO 9001:2015 certificate from INTERTEK for their management system.

The company distributes its products to various contract manufacturers of branded luggage, shoe manufacturers, traders, and other clients across 13 states.

As of November 30, 2023, the company boasts a workforce of 39 employees spread across various departments.

Shree Karni Fabcom IPO More Details Click Here

Shree Karni Fabcom IPO FAQs

When is Shree Karni Fabcom IPO open?

Shree Karni Fabcom IPO will open on 6 March 2024.

When is Shree Karni Fabcom IPO Close?

Shree Karni Fabcom IPO will be closed on 11 March 2024.

What is Shree Karni Fabcom IPO GMP Today?

The Shree Karni Fabcom IPO GMP aka Grey Market Premium is ₹250.

What is Shree Karni Fabcom IPO Kostak Rates Today?

The Shree Karni Fabcom IPO Kostak Rate is ₹000.

What is Shree Karni Fabcom IPO Subject to Sauda Price Today?

The Shree Karni Fabcom IPO subject to sauda rates is ₹000.

Shree Karni Fabcom IPO Expected Returns?

The Shree Karni Fabcom expected return is 110.13%.

How much will be the listing gain in Shree Karni Fabcom IPO?

Shree Karni Fabcom IPO will get listing gain of 110.13%. (Approx.)

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