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Shashwat Furnishing Solutions Limited

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 Price45.00
Listing Gain+0.00%
TimelineFixed Price Issue IPO
Open20 Apr 2022
Close25 Apr 2022
Allotment30 Apr 2022
Listing04 May 2022

Quota Reservation Portions

Market MakerPortion: 30,000 shares
5.38%
Nii (hni)Portion: 2,64,000 shares
47.31%
RetailPortion: 2,64,000 shares
47.31%

Minimum Application Bracket Matrix

Retail1 lots / 3,000 shares
₹1,35,000
HNI2 lots / 6,000 shares
₹2,70,000

About the Company

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.

Company Promoters

Mr. Hitesh Karnawat