247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Karnika Industries Limited IPO (Karnika Industries IPO) Details

Karnika Industries Limited is an Textiles - Fabrics based company, located in Kolkata, Karnika Industries Limited IPO size was 25.07 Cr. and was issued at 76.00 per share. The share of Karnika Industries Limited were listed at 82.60 per share and are currently trading at 360.65 per share.

Type :
Sub Sector : Textiles
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
126.06 Cr.

PAT :
8.27 Cr.

Pricing Report

Issue Price :
76.00

Listing Price :
82.60

Current Market Price :
360.65

Issue Price vs CMP :
284.65 (374.54%)

listing Price vs CMP :
278.05 (336.62%)

Performance Report (CAGR* wise)

CAGR : 237.73
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Karnika Industries

Company Information
Karnika Industries is an ISO 14001:2015 certified manufacturer through job work, trader and exporter of garments. They basically manufacture through job work all types of kids wear i.e., shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc. They have 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. Machinery that is equipped in their infrastructure is operated by their highly experienced team of professionals. They are manufacturing majority of their products through job work, they are capable of undertaking bulk requirements of their clients and deliver within stipulated time schedule.
Object of Issue
  • To Meet Working Capital Requirement
  • General Corporate Purposes
  • To Meet the Issue Expenses

Karnika Industries SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Oct, 2023
IPO Size :
25.07 Cr.
Market Cap :
94.24 Cr.   
IPO Subscription :
3.07 X     
PE Multiple :
11.06
IPO Registrar:
Skyline Financial Services Private Limited
Anchor Investors:

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other SME IPOs in Kolkata

Aanchal Ispat Limited

  manufacturing of Mild Steel

  Kolkata


Aesthetik Engineers Limited

  interior design services and is involved in the design, manufacture, and installation of façade systems

  Kolkata


Agni Green Power Limited

  solar PV power plant projects

  Kolkata


Peer Companies Of This Sector

FAQs

Karnika Industries operates in Textiles - Fabrics and Textiles. The Issue is listed on NSE EMERGE in Oct, 2023. Karnika Industries IPO size was 25.07 Cr. with Issue price of 76.00 .

Karnika Industries IPO subscription was 3.07 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Karnika Industries IPO listed at a listing price of 82.60 against the offer price of 76.00.

The current market price of Karnika Industries is 360.65.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency