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Shree Karni Fabcom Ltd
Registered Office:
Plot 188 189 190 Block # 314,Rajhans Texpa Vill. Baleshvar, Surat - 394317, Gujarat, India.
Website :  www.skflindia.com
Initial public offer of upto 18,72,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Shree Karni Fabcom Limited (the "Company" or "SKFL" or "Issuer") at an issue price of Rs. 227 per equity share (including a share premium of Rs. 217 per equity share) for cash, aggregating up to Rs. 42.49 crores ("Public Issue") out of which upto 93,600 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 227 per equity share for cash, aggregating Rs. 2.12 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 17,78,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 227 per equity share for cash, aggregating up to Rs. 40.37 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.15% respectively of the post-issue paid-up equity share capital of the company. Price Band:Rs. 227 per equity share of face value of Rs. 10 each. The floor price is 22.70 times of the face value of the equity shares. Bids can be made for a minimum of 600 equity shares and in multiples of 600 equity shares thereafter.
Issue
Opens On Closes On
06-Mar-24 11-Mar-24
Money Payable On
Application Allotment
227.00 0.00
Minimum Application for shares in Nos : 600  Further Multiples of : 600
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 Horizon Management Pvt Ltd
Project Financed through Current Offer () 42.49  
Post Issue Equity Share Capital () 0.00  
Issue Price () 227.00  
Projects
Funding the capital expenditure setting up a dyeing unit in Navsari Dist
Funding the purchase of new machinery propsed to be installed at its new unit proposed to be set up for mfg bags in Palsana
Funding working capital requirements of the company
General corporate purposes
Promoted By
Manoj Kumar Karnani
Radhe Shyam Daga
Rajiv Lakhotua
Listing At
NSE - SME
Registrar to the Issue