Free Account Opening + AMC Free Demat
Loading...
September 29, 2023 - October 5, 2023

Karnika Industries IPO FAQ

Karnika Industries IPO Date & Price

The Karnika Industries IPO opens on September 29, 2023 and closes on October 5, 2023.

Karnika Industries IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 29, 2023
  • Bid/Offer Closes On: October 5, 2023
  • Finalization of Basis of Allotment: October 10, 2023
  • Initiation of refunds: October 11, 2023
  • Credit of Equity Shares: October 12, 2023
  • Listing Date: October 12, 2023

Karnika Industries IPO price is set at ₹76 per equity share.

Karnika Industries IPO will close for subscription at 5 PM on October 5, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Karnika Industries IPO starts on September 29, 2023. The issue ends on October 5, 2023.

Karnika Industries IPO Issue Size and Subscription Status

The Karnika Industries IPO size is 3299200 Equity Shares of ₹10 aggregating up to ₹25.07 Cr.

Karnika Industries Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Karnika Industries IPO shares through the banks (using ASBA) or through the broker (using UPI).

Karnika Industries IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,566,400 Shares
Retail Individual Investor (RII)1,566,400 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,132,800 Shares

Karnika Industries IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)3.22 times times
Retail Individual Investor (RII)2.91 times times
Employee Reservations times
Other Reservations times
Total Issue Size3.07 times times

Click here to check the Karnika Industries IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Karnika Industries IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Karnika Industries IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Karnika Industries IPO Allotment and Listing

The Karnika Industries IPO allot status will be available online on October 10, 2023. Check the Karnika Industries IPO Allotment Status here.

Click here to check Karnika Industries IPO Allotment Status.

Karnika Industries IPO listing Date is October 12, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Karnika Industries IPO listing date and time is published by the exchange in a circular.

Click here to view the Karnika Industries IPO Basis of Allotment.

It is hard to say at what price Karnika Industries IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Karnika Industries IPO shares will list on October 12, 2023 at NSE SME.

Karnika Industries IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Karnika Industries IPO which could help you with questions like Karnika Industries IPO buy or not? You should also read Karnika Industries IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Karnika Industries IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Karnika Industries IPO performance. The performance reports are available 1 day after listing.