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

Shree Karni Fabcom Limited IPO (Shree Karni Fabcom IPO) Details

Shree Karni Fabcom Limited is an Textiles - Fabrics based company, located in Surat, Shree Karni Fabcom Limited IPO size was 42.49 Cr. and was issued at 227.00 per share. The share of Shree Karni Fabcom Limited were listed at 273.00 per share and are currently trading at 814.00 per share.

Type :
Sub Sector : Manufacturing Of Technical Textiles Tailored For Diverse Industries
SME IPO
NSE EMERGE

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

Revenue :
113.99 Cr.

PAT :
12.20 Cr.

Pricing Report

Issue Price :
227.00

Listing Price :
273.00

Current Market Price :
814.00

Issue Price vs CMP :
587 (258.59%)

listing Price vs CMP :
541 (198.17%)

Performance Report (CAGR* wise)

CAGR : 343.34
-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 Shree Karni Fabcom

Company Information
Shree Karni Fabcom is engaged in the manufacturing of technical textiles tailored for diverse industries such as luggage, medical arch support, chairs, shoes, and apparels. Their production process begins with yarn procurement and encompasses weaving, coating, printing, and finishing, resulting in knitted and woven fabrics crafted to meet their clients' customized specifications. Specializing in Woven Fabrics, Knitted Fabrics, Coated Fabrics, and 100% polyester, they source yarn, resin, acrylic, and coating chemicals to produce specialized technical textiles. The Company specialised in converting yarn into fabric through knitting of fabrics. They outsource weaving, coating, sizing and embossing of specialized technical textile to their Subsidiary, IGK Technical Textile LLP. Their product applications span a wide spectrum, including luggage, roofing, agriculture net, vehicle covers, tents, armed forces fabric, sports
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Object of Issue
  • Funding the capital expenditure setting up a dyeing unit in Navsari District, Surat, Gujarat
  • Funding the purchase of new machinery proposed to be installed at the new unit proposed to be set up for manufacturing bags in Palsana, Surat, Gujarat, with an intent to expand the product portfolio
  • Funding working capital requirements of the company and
  • General Corporate Purposes

Shree Karni Fabcom SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2024
IPO Size :
42.49 Cr.
Market Cap :
160.53 Cr.   
IPO Subscription :
296.43 X     
PE Multiple :
13.16
IPO Registrar:
Mas Services Limited

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FAQs

Shree Karni Fabcom operates in Textiles - Fabrics and Manufacturing Of Technical Textiles Tailored For Diverse Industries. The Issue is listed on NSE EMERGE in Mar, 2024. Shree Karni Fabcom IPO size was 42.49 Cr. with Issue price of 227.00 .

Shree Karni Fabcom IPO subscription was 296.43 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.

Shree Karni Fabcom IPO listed at a listing price of 273.00 against the offer price of 227.00.

The current market price of Shree Karni Fabcom is 814.00.

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