Shashwat Furnishing Solutions Limited
ListedSMEConsumer Durables · BSE
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.
Price Band
₹45
Issue Size
₹2.51 Cr
Lot Size
3000 shares
GMP
—
Est. Listing
₹45
at current GMP
Subscribed
—
Open
20 Apr 2022
Close
25 Apr 2022
Allotment
30 Apr 2022
Refund
1 May 2022
Demat Credit
2 May 2022
Listing
4 May 2022
Last updated 12 days ago
Official Registrar Verification
Shashwat Furnishing Solutions Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
30 Apr 2022
Basis finalization
Refunds Initiate
1 May 2022
Mandate release
Demat Credit
2 May 2022
Shares in demat
Listing Debut
4 May 2022
Trading begins
How to Check Shashwat Furnishing Solutions Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Shashwat Furnishing Solutions Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Shashwat Furnishing Solutions Limited Public Issue & Market Profile
Shashwat Furnishing Solutions Limited is bringing an initial public offering (IPO) in the Consumer Durables sector with an aggregate issue size of ₹2.51 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-05-02, while un-allotted funds or UPI block mandates will be released on 2022-05-01.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.