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SFSLSME / BSEListed
Shashwat Furnishing Solutions

Shashwat Furnishing Solutions Limited is a manufacturer and supplier of furniture and handicraft products, specialising in industrial furniture, restaurant and café furniture, garden and outdoor furniture, vintage furniture, mirror frames, wall clocks, and other decorative and handicraft items. The company operates by purchasing semi-furnished furniture and carrying out assembling, finishing, and repair activities to convert them into finished goods, which are sold to wholesalers, retailers, and end customers through online platforms such as Indiamart, Trade India, and Exporter India. In 2021, the company acquired the sole proprietorship business M/s Handicrafts Village, and its registered office, warehouse, and processing unit are all located in Jodhpur, Rajasthan.

₹45 - ₹45Open
Listed Price₹45.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open20 Apr 2022
Close25 Apr 2022
Allotment30 Apr 2022
Listing04 May 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker30,000 shares
5.38%
Nii (hni)2,64,000 shares
47.31%
Retail2,64,000 shares
47.31%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,35,000
HNI2 Lots (6,000 shares)
₹2,70,000

Company Promoters

Mr. Hitesh Karnawat

Company Background

Shashwat Furnishing Solutions Limited is a manufacturer and supplier of furniture and handicraft products, specialising in industrial furniture, restaurant and café furniture, garden and outdoor furniture, vintage furniture, mirror frames, wall clocks, and other decorative and handicraft items. The company operates by purchasing semi-furnished furniture and ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (28-Feb-22)₹123.46 Cr
Revenue Trend (₹ in Crores)
0.047.394.7142.028-Feb-22
PeriodRev (Cr)PAT (Cr)AssetsDebt
28-Feb-22123.4616.10234.440

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: Kfin Technologies Limited

Allotment Finalized
Allotment Date
30 Apr 2022
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
04 May 2022

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Shashwat Furnishing Solutions. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization30 Apr 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 May 2022Trading commences on exchange

How to Check Shashwat Furnishing Solutions Allotment Online

1Open Portal

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

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Shashwat Furnishing Solutions IPO

Complete issue overview for Shashwat Furnishing Solutions (SFSL) IPO. The issue features an equity share price band of ₹45 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,35,000). 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