Karnika Industries Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹76 - ₹76
- Lot size
- 1,600 shares
- Issue amount
- ₹25.07 cr
- Total subscription
- 3.12×
- Opens
- 29 Sept 2023
- Closes
- 5 Oct 2023
- Allotment
- 9 Oct 2023
- Listing
- 12 Oct 2023
Offer at a glance
Issue overview
- Issue size
- 32,99,200 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,21,600
- Fresh issue
- ₹25.07 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,21,600
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 91,00,300
- Shares after issue
- 1,23,99,500
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,21,600 |
| HNI | 2 | 3,200 | ₹2,43,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 11.9 | 34.69 |
| NIB | 11.9 | 39.58 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 9.66 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 45.76 |
| PRE IPO(PE) | 7.57 |
| POST IPO(PE) | 11.06 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2017, Karnika Industries Limited, formerly Karni International, manufactures and exports a wide range of kids' wear, including shorts, joggers, capris, tees, rompers, sleepsuits, pajamas, winter wear, and infant wear. The company operates well-equipped manufacturing units that handle designing, sample preparation, quality inspection, ironing, and packing, using modern hi-tech machines and tools. Its products are marketed under the brand "KARNIKA" and its sub-brands KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, and KARNIKA Club.
Promoters
Mr. Niranjan Mundhra
Mr. Shiv Shankar Mundhra
Mr. Mahesh Kumar Mundhr
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
6&6/1, Gurgola Ghat Road P.O. Salkia Howrah - 711106
033-26558101
[email protected]Company website ↗Understanding KARNIKA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.