IPO Trending
KARNIKASME / NSEListed
Karnika Industries

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.

DRHP
₹76 - ₹763.12x sub
Listed Price₹81.00
Listing Gain+6.58%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open29 Sep 2023
Close05 Oct 2023
Allotment09 Oct 2023
Listing12 Oct 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail15,66,400 shares
47.48%
Nii(hni)15,66,400 shares
47.48%
Market Maker1,66,400 shares
5.04%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,21,600
HNI2 Lots (3,200 shares)
₹2,43,200

Company Promoters

Mr. Niranjan MundhraMr. Shiv Shankar MundhraMr. Mahesh Kumar Mundhr

Company Background

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,...

Lead Managers & Bankers

Beeline Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2021)₹4779.31 Cr
Growth-62.1%
Revenue Trend (₹ in Crores)
0.04.8k9.7k14.5kMar 2023Mar 2022Mar 2021
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20214,779.3181.613,055.871,570.94
Mar 20229,892.52454.015,921.422,224.13
Mar 202312,605.62826.7410,071.045,245.53

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values9.660%0%7.5711.06

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
09 Oct 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
12 Oct 2023

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Karnika Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization09 Oct 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Oct 2023Trading commences on exchange

How to Check Karnika Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Karnika Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Karnika Industries IPO

Complete issue overview for Karnika Industries (KARNIKA) IPO. The issue features an equity share price band of ₹76 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,21,600). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions