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Shree Karni Fabcom IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Surat and caters to Textiles - Fabrics sector. Horizon Management Private is the merchant banker of Shree Karni Fabcom IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th December 2023.
Shree Karni Fabcom IPO open date is 6th March 2024 and close date is 11th March 2024. IPO Allotment Date is 12th March 2024 and Listing date is 14th March 2024.Shree Karni Fabcom IPO size is Rs 42.49 Cr. crores with IPO price of Rs 227.00 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.
Horizon Management Private Limited is the book-running lead manager of the Shree Karni Fabcom IPO. Mas Services Limited is the Registrar and Market Maker is MLB Stock Broking Private Limited for Shree Karni Fabcom IPO.
Shree Karni Fabcom IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Persistent Growth Fund- | 230,400.00 | ₹227.00 | ₹52,300,800.00 |
| Astrone capital VCC | 96,000.00 | ₹227.00 | ₹21,792,000.00 |
| Vikasa India EIF | 108,000.00 | ₹227.00 | ₹24,516,000.00 |
| Vikasa India EIF | 98,400.00 | ₹227.00 | ₹22,336,800.00 |
Shree Karni Fabcom IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Shree Karni Fabcom IPO, based in Surat, operates in the Textiles - Fabrics sector with a focus on manufacturing of technical textiles tailored for diverse industries. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Shree Karni Fabcom IPO size is ₹ 42.49 Cr. Crores with fresh issue size of Rs 42.49 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Shree Karni Fabcom IPO is expected to be 12th March 2024, after the finalization of basis of allotment. Investors can check Shree Karni Fabcom IPO allotment status on the registrars website, Mas Services Limited. Shree Karni Fabcom IPO refund dates are 13th March 2024.
Shree Karni Fabcom IPO is expected to be listed on 14th March 2024.
The upper price band for the Shree Karni Fabcom IPO is set at ₹ 227.00 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 Shree Karni Fabcom 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 Shree Karni Fabcom 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 11th March 2024. After submission, funds are blocked until the basis of allotment of Shree Karni Fabcom IPO is finalised.
The merchant banker for Shree Karni Fabcom IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shree Karni Fabcom IPO RHP for further details.
The registrar for Shree Karni Fabcom IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Shree Karni Fabcom IPO through their official website or helpline.
Shree Karni Fabcom IPO was subscribed 296.43 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 42.49 Cr.
Avg IPO Size (Sector Based)
:
₹ 22.57 Cr.
Sector: Textiles - Fabrics
SME IPO so far:
11
Merchant Banker:
Horizon Management
SME IPO by BRLM so far:
47
City:
Surat
SME IPO so far:
40
Revenue (annualised):
₹ 113.58 cr.
PE
Ratio:
13.16x
Average Sector PE Ratio: 12.18x
Shree Karni Fabcom IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shree Karni Fabcom Financial Review Page
Merchant Banker(s) of Shree Karni Fabcom IPO: Horizon Management Private Limited
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 530.20.
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