Shashwat Furnishing Solutions Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹45 - ₹45
- Lot size
- 3,000 shares
- Issue amount
- ₹2.51 cr
- Total subscription
- 0×
- Opens
- 20 Apr 2022
- Closes
- 25 Apr 2022
- Allotment
- 30 Apr 2022
- Listing
- 4 May 2022
Offer at a glance
Issue overview
- Issue size
- 5,58,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹2.51 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,35,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 15,30,000
- Shares after issue
- 20,88,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 3,000 | ₹1,35,000 |
| HNI | 2 | 6,000 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Shashwat Furnishing Solutions Limited is a manufacturer and supplier of furniture and handicraft products, specialising in industrial furniture, restaurant and café furniture, garden and outdoor furniture, vintage furniture, mirror frames, wall clocks, and other decorative and handicraft items. The company operates by purchasing semi-furnished furniture and carrying out assembling, finishing, and repair activities to convert them into finished goods, which are sold to wholesalers, retailers, and end customers through online platforms such as Indiamart, Trade India, and Exporter India. In 2021, the company acquired the sole proprietorship business M/s Handicrafts Village, and its registered office, warehouse, and processing unit are all located in Jodhpur, Rajasthan.
Strengths
- Experienced Management: Led by a skilled and knowledgeable leadership team.
- Strong Supplier Ties: Maintains reliable and long-term supplier relationships.
- Scalable Business Model: Designed to grow efficiently with increasing demand.
- Quality Standards: Follows strict quality assurance and industry standards.
Promoters
Mr. Hitesh Karnawat
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
121, Mahaveer Nagar, Jain Colony, Jodhpur-342001
+91-9001269000
[email protected]Company website ↗Understanding SFSL 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.