
Emerging SME Services · NSE
Shree Karni Fancom Limited, founded in March 2018, is a distinguished manufacturer specializing in customized knitted and woven fabrics for industries such as luggage, medical arch support, chairs, shoes, and apparel. With expertise in technical textiles, the company produces high-quality woven, knitted, coated, and 100% polyester fabrics, sourcing premium raw materials to ensure superior product standards. Its advanced manufacturing unit features highly automated machinery, enabling impressive production capacities, including 70,000 meters of weaving per day, 90,000 kilos of knitting per month, and 50,000 meters of coating per day, among others. Recognized for its stringent quality management, Shree Karni Fancom holds an ISO 9001:2015 certification from INTERTEK, affirming its commitment to excellence. Serving a widespread clientele across 13 states, including contract manufacturers of branded luggage and shoe manufacturers, the company continues to strengthen its market presence. With a dedicated workforce of 39 employees as of November 30, 2023, Shree Karni Fancom Limited remains committed to innovation and growth in the specialized technical textiles industry.
Price Band
₹220 – ₹227
Issue Size
₹42.49 Cr
Lot Size
600 shares
GMP
+13.2%
Est. Listing
₹257
at current GMP
Subscribed
295.84x
overall
Open
6 Mar 2024
Close
11 Mar 2024
Allotment
12 Mar 2024
Refund
13 Mar 2024
Demat Credit
14 Mar 2024
Listing
14 Mar 2024
Overall Subscription
295.84x
Total Demand
QIB Multiplier
112.94x
Institutions & Funds
NII / HNI
461.72x
High Net-Worth
Retail (RII)
329.21x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 355,799 | 40,183,800 | 112.94x |
| NIB | 267,000 | 123,280,200 | 461.72x |
| RETAIL | 622,800 | 205,030,800 | 329.21x |
| Total | 1,245,599 | 368,494,800 | 295.84x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,092 | 359,497 | 329.21x |
| HNIs (10L +) | 7 | 3,232 | 461.72x |
| HNIs (2-10L) | 33 | 15,237 | 461.72x |
| Total Applications | 1,132 | 377,966 | 333.89x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Shree Karni Fabcom Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹42.49 Crores. The shares are offered at a price band of ₹220 to ₹227 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,36,200 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.
Allotment reconciliation will be managed by Mas Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-03-14, while un-allotted funds or UPI block mandates will be released on 2024-03-13.
The latest Grey Market Premium (GMP) for Shree Karni Fabcom Limited IPO is ₹30 per equity share. Based on the upper price band of ₹220 to ₹227 per equity share, the estimated listing price is ₹257 (+13.2% expected listing gain).
With a lot size of 600 shares and current GMP of ₹30, the expected profit per application lot is approx ₹18,000 (+13.2% gain). Minimum application cost is approx ₹1,36,200.
The Shree Karni Fabcom Limited IPO aggregate issue size is ₹42.49 Crores with an equity price band set at ₹220 to ₹227 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,36,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 295.84x (Retail: 329.21x, QIB: 112.94x, NII: 461.72x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2024-03-12. Investors can verify status using PAN card or application number.
Shree Karni Fabcom Limited shares are scheduled to list on NSE on 2024-03-14.