Skip to main content
Karnika Industries Limited

Karnika Industries Limited

listed
₹1.22LMin. investment

Karnika Industries Limited IPO Details

Price range₹76.00 – ₹76.00
IPO type
SME
Lot size1600 shares
Issue size₹25.07Cr

Karnika Industries Limited Timeline

  1. Bid start
    29 Sep 2023
  2. Bid end
    5 Oct 2023
  3. Allotment
    1 Oct 2023
  4. Release of funds
    11 Oct 2023
  5. Demat transfer
    10 Oct 2023
  6. Listing
    13 Oct 2023

About the Karnika Industries Limited IPO :

Incorporated in 2017, Karnika Industries Limited is a manufacturer, job work provider, trader, and exporter of garments, primarily focusing on children's wear such as shorts, joggers, tees, rompers, and more. They have well-established manufacturing units equipped with modern machines and tools for designing, sample preparation, quality inspection, ironing, and packing. Their experienced team operates the machinery, allowing them to handle bulk orders and meet delivery schedules efficiently.
The company places a strong emphasis on high-quality fabrics and garments, maintaining long-term relationships with clients. Their technical team uses modern technology and processing techniques to ensure quality output. They market their products under the "KARNIKA" brand, with various sub-categories.
KARNIKA has a reputable client base, including Commission Agents and retail sectors. They are known for their professionalism and rapid growth in the market.
The company's business process involves using yarn and fabrics during manufacturing and offering fabric alternatives to customers for their collections. They continuously strive to improve processes and maintain quality to increase customer satisfaction and build a positive brand image. Karnika also organises trade shows and exhibitions to enhance brand visibility and create networking opportunities.
In addition to manufacturing, Karnika has successfully organised fashion shows, showcasing unique collections and themes. Their marketing strategy focuses on understanding market trends and consumer preferences to manufacture high-quality, comfortable garments. They also identify gaps in the garment market and introduce distinctive products.
Now, Karnika Industries Limited is coming out with its initial public offer (IPO). The Net Proceeds from the Fresh Issue will be utilised towards the following objects:
  1. To Meet Working Capital Requirement
  2. General Corporate Purpose
  3. To Meet the Issue Expenses

Here are key details about the Karnika Industries Limited IPO :

Company NameKarnika Industries Limited   Company TypePrivate
IPO TypeSME

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Karnika Industries Limited Contact Details

Company NameKarnika Industries Limited

How to apply for Karnika Industries Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Karnika Ndustries IPO FAQs