Karnika Industries Limited
ListedSMEEmerging SME Services · NSE
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.
Price Band
₹76
Issue Size
₹25.07 Cr
Lot Size
1600 shares
GMP
₹3
+4.0%
Est. Listing
₹79
at current GMP
Subscribed
3.12x
overall
Open
29 Sep 2023
Close
5 Oct 2023
Allotment
9 Oct 2023
Refund
10 Oct 2023
Demat Credit
11 Oct 2023
Listing
12 Oct 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹76 - ₹76 per equity share
- •Minimum bid lot is 1600 shares
- •Estimated listing target of ₹79 based on current grey market activity