Listed Price₹81.00
Listing Gain+6.58%
Price Band₹76
Lot Size1,600 shares
Min Bid₹1,21,600
Subscription3.12x
Listed Market Snapshot
₹81.00Listed price from market data
+6.58%listing gain
Issue Amount
₹25.07 Cr
Listed Price
₹81.00
Current Price
₹139.55
Registrar
Skyline Financial Services Private Limited
Timeline•Fixed Price Issue IPO
Open29 Sep 2023
Close05 Oct 2023
Allotment09 Oct 2023
Listing12 Oct 2023
Quota Reservation Portions
RetailPortion: 15,66,400 shares
47.48%Nii(hni)Portion: 15,66,400 shares
47.48%Market MakerPortion: 1,66,400 shares
5.04%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,21,600HNI2 lots / 3,200 shares
₹2,43,200About the Company
Incorporated in 2017, Karnika Industries Limited, formerly Karni International, manufactures and exports a wide range of kids' wear, including shorts, joggers, capris, tees, rompers, sleepsuits, pajamas, winter wear, and infant wear. The company operates well-equipped manufacturing units that handle designing, sample preparation, quality inspection, ironing, and packing, using modern hi-tech machines and tools. Its products are marketed under the brand "KARNIKA" and its sub-brands KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, and KARNIKA Club.
Company Promoters
Mr. Niranjan MundhraMr. Shiv Shankar MundhraMr. Mahesh Kumar Mundhr
Lead Managers
Registrar
Skyline Financial Services Private Limited