Shree Karni Fabcom Limited IPO Closed
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About Shree Karni Fabcom Limited
Shree Karni Fabcom Limited is launching its IPO. The IPO opens for subscription on 6th March 2024 and will close on 11th March 2024.
Disclaimer: This stock will trade with a lot size of 600 shares in the SME segment on listing.
What does Shree Karni Fabcom Limited do?
Incorporated in 2018, Shree Karni Fabcom Limited is engaged in the manufacturing of technical textiles tailored for diverse industries such as luggage, medical arch support, chairs, shoes, and apparel. It markets and sells its products under the brand name ‘SKFL’.
The company’s manufacturing unit is equipped with automated machines for manufacturing specialized technical textiles with an installed capacity of 70,000 meters per day for weaving, 90,000 kilos per month for knitting, 50,000 meters per day for poly acrylic and polyurethane coating, 15,000 meters per day for PVC / 8,000 meters per day for EVA lamination and 40,000 meters per day heat embossing.
Schedule/Timeline of Shree Karni Fabcom Limited IPO
| Issue Period | 6th March to 11th March 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | March 12, 2024 |
| Initiation of Refunds | March 13, 2024 |
| Credit of Shares | March 13, 2024 |
| Date of Listing | March 14, 2024 |
| Mandate end date | March 26, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | April 12, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | June 12, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Shree Karni Fabcom Limited IPO?
You can apply for the Shree Karni Fabcom Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Shree Karni Fabcom Limited IPO?
You can check the allotment status for the Shree Karni Fabcom Limited IPO on the website of the Registrar and Transfer agent.