Shashwat Furnishing IPO GMP, Review, Price, Allotment

Shashwat Furnishing IPO GMP

Shashwat Furnishing IPO description – The company is engaged in processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks and various other decoration & handicrafts objects. The company has a wide assortment of exclusively designed products, such as Restaurant Furniture, Cafe Furniture, and Metal Furniture.

Shashwat Furnishing’s competency lies in understanding the specific requirement of its customers and based on which it places the order of products to manufacturer having requisite manufacturing facilities. It sources products from reliable manufacturers of the market. The company purchases the order in semi-finished condition and then processes the same by finishing, assembling and repairing turning them into finished products. The company makes further sales to wholesalers, retailers and customers through online platforms such as Indiamart, Trade India, Exporter India etc.

The company operates from its registered office situated at 121, Mahaveer Nagar, Jain Colony, Jodhpur- 342001, Rajasthan, India, along with warehouse at Plot No 18-19, Moti Nagar, Sangariya, Khasra Number 184, Jodhpur – 342013, Rajasthan, India and processing unit at H-258, Boranada industrial park, Boranada, Jodhpur- 342012, Rajasthan, India.

Promoters of Shashwat Furnishing – Mr Hitesh Karnawat

Shashwat Furnishing IPO Details

Subscription Dates20 – 25 April 2022
Price BandINR45 per share
Fresh issue5,58,000 shares (INR2.51 crore)
Offer For SaleNil
Total IPO size5,58,000 shares (INR2.51 crore)
Minimum bid (lot size)3,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

Shashwat Furnishing’s Financial Performance

 Period ended 28 Feb 2022
Net income16.10
Figures in INR Lakh unless specified otherwise

Shashwat Furnishing Offer News

Shashwat Furnishing Offer Valuation (as of 28 Feb 2022)

Earnings Per Share (EPS): INR1.09
Pre-IPO Price/Earnings (PE ratio): 41.28
Return on Net Worth (RONW): 9.06%
Net Asset Value (NAV): INR11.61 per share

Shashwat Furnishing IPO GMP Daily Trend

DateShashwat Furnishing IPO GMPKostakSubject to Sauda

Shashwat Furnishing IPO Subscription – Live Updates

Shares Offered2,79,000 2,79,000 5,58,000
Day 10.000.460.23
Day 20.211.620.92
Day 30.712.401.55
Day 42.306.444.37
Subscription figures in number of times, at 5 PM

Shashwat Furnishing Offer Registrar

Kfin Technologies Private Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]

Shashwat Furnishing Contact Details

Shashwat Furnishing Solutions Limited
121, Mahaveer Nagar,
Jain Colony,
Jodhpur-342001, Rajasthan
Phone: +91 9001269000
Email: [email protected]

Shashwat Furnishing IPO Allotment Status

Shashwat Furnishing IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.

Shashwat Furnishing IPO Timetable

IPO Opening Date20 April 2022
IPO Closing Date25 April 2022
Finalisation of Basis of Allotment2 May 2022
Listing Date Coming soon
Opening Price on BSE Coming soon
Closing Price on BSE Coming soon

Shashwat Furnishing IPO FAQs

What is Shashwat Furnishing offer size?

Shashwat Furnishing offer size is INR2.51 crore.

What is Shashwat Furnishing IPO Price Band?

Shashwat Furnishing public offer price is INR45 per share.

What is the lot size of Shashwat Furnishing IPO?

Shashwat Furnishing offer lot size and the minimum order is 3,000 shares.

What is Shashwat Furnishing IPO GMP today?

Shashwat Furnishing IPO GMP today is NA per share.

What is Shashwat Furnishing kostak rate today?

Shashwat Furnishing kostak rate today is NA per application.

What is Shashwat Furnishing Subject to Sauda rate today?

Shashwat Furnishing Subject to Sauda rate today is NA per application.



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