Shree Karni Fabcom IPO GMP, Review, Price, Allotment

Shree Karni Fabcom IPO GMP

Shree Karni Fabcom IPO description – Shree Karni Fabcom manufactures specialized technical textiles including weaving, coating, printing, and finishing of grey fabric to produce finished knitted and woven fabrics. They specialize in various fabrics like woven, knitted, coated, 100% polyester, and recycled polyester. The company sources materials domestically and sells to manufacturers in luggage, medical support, chairs, shoes, and apparel industries.

The company’s product applications span a wide spectrum, including luggage, roofing, agriculture netting, vehicle covers, tents, armed forces fabric, sports kits, chairs, medical arch support, umbrellas, and raincoats. The manufacturing unit is equipped with automated machines for the production of specialized technical textiles, with an installed capacity of 70,000 meters per day for weaving. The company markets and sells under the brand ‘SKFL’.

As of 31 October 2023, the company has acquired a 66.67% stake in IGK Technical Textile LLP, which is engaged in weaving, coating, sizing, and embossing of specialized technical textiles. As on 30 November 2023, the company has 39 employees.

Shree Karni Fabcom

Promoters of Shree Karni Fabcom – Manoj Kumar Karnani, Radhe Shyam Daga, Rajiv Lakhotia, and Raj Kumar Agarwal

Shree Karni Fabcom IPO Details

Shree Karni Fabcom IPO Dates6 – 11 March 2024
Shree Karni Fabcom Issue PriceINR 220 – 227 per share
Fresh issue1,872,000 shares (INR 42.49 crore)
Offer For SaleNil
Total IPO size1,872,000 shares (INR 42.49 crore)
Minimum bid (lot size)600 shares (INR 136,200)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE Emerge

Shree Karni Fabcom Financial Performance

 FY 2021FY 2022FY 20238M FY 2024
Net income1.535.155.558.13
Figures in INR Crores unless specified otherwise

Shree Karni Fabcom Offer News

Shree Karni Fabcom Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio19.82 – 20.45
RONW (%)22.8738.9621.34
ROCE (%)16.8019.2021.83
EBITDA (%)11.579.9111.97
*Compiled by IPO Central from Prospectus

Shree Karni Fabcom IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
13 March 202417585,000
12 March 2024220105,000
11 March 2024250125,000
9 March 2024250125,000
8 March 2024250125,000
7 March 2024285145,000
6 March 2024285145,000
5 March 2024250125,000
4 March 2024200110,000
2 March 202410045,000
1 March 20244017,500

Shree Karni Fabcom IPO Subscription – Live Updates

Shares Offered355,800267,000622,8001,245,600
11 Mar 2024112.94461.72329.21295.84
7 Mar 20240.7138.1584.8750.81
6 Mar 20240.0410.9127.4216.06

The above calculations do not include the market maker reservation portion of 93,600 shares.

Shree Karni Fabcom IPO Allotment Status

Shree Karni Fabcom IPO allotment status will be available on Mas Services’ website. Click on Mas Services IPO weblink to get allotment status.

Shree Karni Fabcom IPO Dates & Listing Performance

IPO Opening Date6 March 2024
IPO Closing Date11 March 2024
Finalization of Basis of Allotment12 March 2024
Initiation of refunds13 March 2024
Transfer of shares to demat accounts13 March 2024
IPO Listing Date14 March 2024
Opening Price on NSE SMEINR 260 per share (up 14.54%)
Closing Price on NSE SMEINR 273 per share (up 20.26%)

Shree Karni Fabcom Offer Lead Manager

19 R N Mukherjee Road, Main Building, 2nd Floor,
Kolkata- 700 001, West Bengal, India
Phone: +91 33 4600 0607
Email: [email protected]

Shree Karni Fabcom Offer Registrar

T-34, 2nd Floor, Okhla Industrial Area,
Phase-II New Delhi- 110 020
Phone: +91 112 638 7281/83
Email: [email protected]

Shree Karni Fabcom IPO Contact Details

Plot 188,189,190, Block No. 314,
Rajhans Texpa, Village Baleshvar,
Taluka Palsana, Surat – 394 317, Gujarat
Phone: +91 262 235 0900
E-mail: [email protected]


What is the Shree Karni Fabcom offer size?

Shree Karni Fabcom’s offer size is INR 42.49 crores.

What is the Shree Karni Fabcom offer price band?

Shree Karni Fabcom’s public offer price is INR 220 – 227 per share.

What is the lot size of the Shree Karni Fabcom IPO?

Shree Karni Fabcom’s offer lot size is 600 shares.

What is Shree Karni Fabcom IPO GMP today?

Shree Karni Fabcom IPO GMP today is INR 175 per share.

What is the Shree Karni Fabcom kostak rate today?

Shree Karni Fabcom’s kostak rate today is INR NA per application.

What is Shree Karni Fabcom Subject to the Sauda rate today?

Shree Karni Fabcom is Subject to the Sauda rate today is INR 85,000 per application.


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