Shree Karni Fabcom is a company that focuses on creating textiles, for industries like luggage, medical arch support, chairs, shoes, and clothing. Their manufacturing process starts with acquiring yarn. Includes weaving, coating, printing, and finishing to produce knitted and woven fabrics tailored to meet the needs of their clients. With expertise in Woven Fabrics, Knitted Fabrics, Coated Fabrics, and 100% polyester materials Shree Karni Fabcom uses yarn, resin, acrylics, and coating chemicals to manufacture textiles. They excel in the transformation of yarn into fabric, through the knitting process.
The factory has state-of-the-art automated machinery to produce textiles. It can weave 70,000 meters, per day knit 90,000 kilos per month coat polyacrylic and polyurethane at a rate of 50,000 meters laminate PVC at 15,000 meters, per day, and EVA at 8,000 meters daily. Additionally, it can emboss heat at a speed of 40,000 meters each day.
The company has a marketing network that acts as a platform, for promoting and selling products. Working under a Business to Business (B2B) framework the company interacts with manufacturers and traders in regions of India. More information, on the customer base and marketing approach is provided below:
Institutional manufacturers: In the B2B setting the company provides fabrics to industrial manufacturers meeting the exact requirements of contract manufacturers linked with well-known brands. This sector includes industries such, as luggage, roofing, agricultural nets, car covers, housing materials like tents, military-grade fabrics, sports gear, furniture upholstery, medical support accessories, for arches, umbrellas, and raincoats.
Traders: The company strategically builds relationships, with a group of traders throughout India. They supply products to traders who have a foothold, in states.
Shree Karni Fabcom IPO Complete Details:
Shree Karni Fabcom IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Shree Karni Fabcom is Around 301 Rs.
Objects Of Issue:
1. Financing the capital expenditure for establishing a dyeing unit in Navsari District, Surat, Gujarat.
2. Financing the acquisition of new machinery intended for installation at our upcoming unit in Palsana, Surat, Gujarat, aimed at diversifying our product range.
3. Provision of funds for meeting the working capital needs of our company.
4. Allocated funds for general corporate purposes.
Promoters:
- MANOJ KUMAR KARNANI
- RADHE SHYAM DAGA
- RAJIV LAKHOTIA
- RAJ KUMAR AGARWAL
FAQs:
When Shree Karni Fabcom IPO is Opening?
Shree Karni Fabcom IPO is Opening on 06 March 2024.
When is the Shree Karni Fabcom IPO Closing?
Shree Karni Fabcom IPO is Closing on 11 March 2024.
What is the Issue Size of the Shree Karni Fabcom IPO?
The IPO Issue Size of Shree Karni Fabcom is 42.49 Crore.
Price Band of Shree Karni Fabcom IPO?
The price Band of Shree Karni Fabcom IPO is 220 to 227 rupees per share.
What is the minimum investment for a Shree Karni Fabcom IPO?
The minimum investment for the Shree Karni Fabcom IPO is 136,200 Rupees.
Allotment Date of Shree Karni Fabcom IPO?
The Allotment of Shree Karni Fabcom IPO is on 12 March 2024.
Listing Date of Shree Karni Fabcom IPO?
The Listing Of Shree Karni Fabcom is Scheduled on 14 March 2024.
One Should Apply for Shree Karni Fabcom IPO or Not?
Will Update Soon..
How to apply for Shree Karni Fabcom IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Shree Karni Fabcom IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Shree Karni Fabcom IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Shree Karni Fabcom IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Shree Karni Fabcom IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Shree Karni Fabcom IPO from the list ——–> Click on Shree Karni Fabcom IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Shree Karni Fabcom?
Horizon Management Private Limited is the Lead Manager of Shree Karni Fabcom.
Where To Check the Allotment of Shree Karni Fabcom IPO?
The allotment status for the Shree Karni Fabcom IPO will be accessible on the Mas Services Limited website.
Shree Karni Fabcom IPO is going to be listed at?
Shree Karni Fabcom IPO is going to be listed at NSE SME.
What is the Lot Size of the Shree Karni Fabcom IPO?
The lot size of the Shree Karni Fabcom IPO is 600 Shares.
What is the P/E Ratio of the Shree Karni Fabcom?
The P/E Ratio of the Shree Karni Fabcom is 21.26.
What is the EPS of the Shree Karni Fabcom?
The EPS of the Shree Karni Fabcom is 10.68.
What is the ROE of the Shree Karni Fabcom?
The ROE of Shree Karni Fabcom is 42.56%.
What is the ROCE of the Shree Karni Fabcom?
The ROCE of the Shree Karni Fabcom is 11.34%.
