Karnika Industries Limited IPO
Karnika Industries Limited was a SME IPO in the Garments & Apparels sector, offered at ₹76–₹76 per share to raise ₹25 crore. It listed on 12 Oct 2023 at ₹81 and closed its first day at ₹83, a listing gain of +8.7% versus the ₹76 issue price. It now trades around ₹133 (+75.5% versus the issue price).
Frequently asked questions
- What were the Karnika Industries Limited IPO listing gains?
- Karnika Industries Limited listed on 12 Oct 2023 at ₹81, closing its first day at ₹83 — a listing gain of +8.7% versus the ₹76 issue price.
- What was the price band and lot size of the Karnika Industries Limited IPO?
- The price band was ₹76–₹76 per share, with a minimum lot of 1,600 shares (₹1,21,600 at the upper band).
- Who were the registrar and lead manager for the Karnika Industries Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.