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Shree Karni Fabcom Limited IPO

Shree Karni Fabcom Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 260.00 (+14.54%)

The public market debut of Shree Karni Fabcom Limited's was completed on 14-03-2024 with its listing on the NSE exchange. The IPO process raised 18,72,000 Shares in total capital, consisting of 18,72,000 Shares in new equity.

The offering featured a price range of ₹220 to ₹227 and minimum application size of 600 shares. Investor response during the subscription period from 06-03-2024 to 11-03-2024 influenced the final allotment ratios across investor categories.

Final allotment was announced on 12-03-2024, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Shree Karni IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shree Karni IPO Key Performance Indicator
Company Financials ( in ₹ Lakhs )

Shree Karni IPO About Company

Shree Karni Fancom Limited, founded in March 2018, is a distinguished manufacturer specializing in customized knitted and woven fabrics for industries such as luggage, medical arch support, chairs, shoes, and apparel. With expertise in technical textiles, the company produces high-quality woven, knitted, coated, and 100% polyester fabrics, sourcing premium raw materials to ensure superior product standards. Its advanced manufacturing unit features highly automated machinery, enabling impressive production capacities, including 70,000 meters of weaving per day, 90,000 kilos of knitting per month, and 50,000 meters of coating per day, among others. Recognized for its stringent quality management, Shree Karni Fancom holds an ISO 9001:2015 certification from INTERTEK, affirming its commitment to excellence. Serving a widespread clientele across 13 states, including contract manufacturers of branded luggage and shoe manufacturers, the company continues to strengthen its market presence. With a dedicated workforce of 39 employees as of November 30, 2023, Shree Karni Fancom Limited remains committed to innovation and growth in the specialized technical textiles industry.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Shree Karni IPO Strength Factors

Market Competition & Pricing Pressure

The technical textiles industry is highly competitive, leading to pricing pressures. To mitigate this, the company can focus on product differentiation, branding, and supply chain optimization to maintain profitability.

Dependency on Key Suppliers

Over-reliance on a few suppliers may cause disruptions or price volatility. Diversifying suppliers, securing long-term contracts, and exploring backward integration can help ensure raw material stability.

Regulatory & Compliance Challenges

Strict environmental and labor laws can lead to penalties if not met. Strengthening compliance teams, adopting sustainable practices, and maintaining necessary certifications will help mitigate risks.

Economic Slowdowns & Demand Fluctuations

Slowdowns in key sectors can impact sales. Expanding into new markets, developing value-added products, and strengthening export strategies can help balance demand fluctuations.

Technological Disruptions & Industry Trends

Rapid advancements may make existing products obsolete. Investing in R&D, collaborating with research institutions, and upgrading manufacturing processes will keep the company competitive.


Shree Karni IPO Risk Factors

Expansion Execution & Cost Management

The company should adopt a phased expansion approach, engage project management consultants, and conduct financial audits to control costs. Strategic supplier agreements and logistics planning can prevent procurement delays and improve supply chain efficiency.

Regulatory Approval & Compliance

Early engagement with regulatory authorities and hiring compliance experts can help secure necessary approvals. Additionally, identifying alternative manufacturing sites can reduce location-based risks.

Financial Planning & Investor Confidence

Obtaining a third-party financial appraisal and maintaining transparency in fund utilization will enhance investor trust. Exploring diversified funding options, such as bridge financing, can ensure liquidity for expansion.

Operational Risk & Business Continuity

The company must establish contingency plans, secure operational insurance, and strengthen compliance through regular audits. Implementing automation can enhance manufacturing resilience and reduce dependency on manual operations.


Shree Karni IPO Lead Manager(s)

  • Horizon Management Private Limited

Shree Karni IPO Promoter(s)

Manoj Kumar Karnani

Radhe Shyam Daga

Rajiv Lakhotia

Raj Kumar Agarwal



Shree Karni IPO Company Details

Shree Karni Fabcom Limited
Phone:
address:

Shree Karni IPO Registrar

Mas Services Limited
Name:
Phone:

Shree Karni IPO FAQs