✓
Open
29 Sep to 5 Oct, 2023
✓
Close
29 Sep to 5 Oct, 2023
3
Allotment
—
✓
Listing
Thu, Oct 12, 2023
Price Band
₹76 per share
Issue Size
32,99,200 shares (agg. up to ₹25 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Oct 12, 2023
Latest GMP
₹3
Est. Gain
3.95%
✦ AI Insight
GMP Trend
12-10-2023₹3Est. ₹79+3.95%
11-10-2023₹3Est. ₹79+3.95%
10-10-2023₹0Est. ₹76+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 100.71 | 59.21 | 30.56 |
| Total Income | 126.06 | 98.93 | 47.79 |
| Profit After Tax | 8.27 | 4.54 | 0.82 |
| NET Worth | 18.07 | 18.61 | 3.78 |
| Reserves and Surplus | 8.97 | ||
| Total Borrowing | 52.46 | 22.24 | 15.71 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| C P S Shapers Ltd. | SME | ₹11.10 Cr | ₹185 | 11.28 | ₹472.50 | +155.41% | ₹1,039.50 (+5.00%) |
| Bizotic Commercial Ltd. | SME | ₹42.21 Cr | ₹175 | 36.38 | ₹171.00 | -2.29% | ₹598.95 (-1.28%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 20.00 |
| 2 | General Corporate Purpose | 3.37 |
About Karnika Industries IPO
Incorporated in 2017, Karnika Industries Limited, previously known as Karni International, manufactures and exports garments in India. Karnika Industries manufactures all types of kids' wear i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pajamas, winter wear, infant wear, etc. The company has well-established manufacturing units for designing, preparing the sample, quality inspection, ironing, and packing of Garments that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit. The company sells its products under the brand KARNIKA and sub-categories as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club.+ Read More
Contact Details
Karnika Industries Ltd. Address6&6/1, Gurgola GhatRoad P.O.SalkiaHowrah, West Bengal, 711106033-26558101info@karnikaindustries.comVisit Website