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Karnika Industries IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Kolkata and caters to Textiles - Fabrics sector. Beeline Capital Advisors Private is the merchant banker of Karnika Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th June 2023.
Karnika Industries IPO open date is 29th September 2023 and close date is 5th October 2023. IPO Allotment Date is 10th October 2023 and Listing date is 12th October 2023.Karnika Industries IPO size is Rs 25.07 Cr. crores with IPO price of Rs 76.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Karnika Industries IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Karnika Industries IPO.
Karnika Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Karnika Industries IPO, based in Kolkata, operates in the Textiles - Fabrics sector with a focus on textiles. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Karnika Industries IPO size is ₹ 25.07 Cr. Crores with fresh issue size of Rs 25.07 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Karnika Industries IPO is expected to be 10th October 2023, after the finalization of basis of allotment. Investors can check Karnika Industries IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Karnika Industries IPO refund dates are 11th October 2023.
Karnika Industries IPO is expected to be listed on 12th October 2023.
The upper price band for the Karnika Industries IPO is set at ₹ 76.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Karnika Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Karnika Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th October 2023. After submission, funds are blocked until the basis of allotment of Karnika Industries IPO is finalised.
The merchant banker for Karnika Industries IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Karnika Industries IPO RHP for further details.
The registrar for Karnika Industries IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Karnika Industries IPO through their official website or helpline.
Karnika Industries IPO was subscribed 3.07 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 25.07 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.57 Cr.
Sector: Textiles - Fabrics
SME IPO so far:
11
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Kolkata
SME IPO so far:
69
Revenue (annualised):
₹ 124.59 cr.
PE
Ratio:
11.06x
Average Sector PE Ratio: 12.18x
Karnika Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Karnika Industries Financial Review Page
Merchant Banker(s) of Karnika Industries IPO: Beeline Capital Advisors Private Limited
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 626.00.
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