IPO

Karnavati Finance Ltd IPO

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Public issue of 25,80,000 equity shares of Rs. 10/- each of Karnavati Finance Limited (KFL or the company or the issuer) for cash at a price of Rs. 10/- per share (the issue price) aggregating to Rs. 2.58 crores (the issue), of which 1,40,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 24,40,000 equity shares of Rs. 10 each at a price of Rs. 10 aggregating to Rs. 2.44 crores is herein after referred to as the net issue. The issue and the net issue will constitute 30.86% and 29.19%, respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10 each and the issue price of Rs. 10, is 1(One) time of the face value.

Karnavati Finance Ltd IPO Subscription Details

Company

Karnavati Finance Ltd

Issue Type

Fixed Price - SME

Open Date

19 Jan

Close Date

21 Jan

Offer Price

10.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Karnavati Finance Ltd IPO

Company Contact Information

Karnavati Finance Ltd IPO
705 Palm Spring Centre,
Link Road Malad (West),
Mumbai, Maharashtra 400064.

Phone:
Email: karnavatifinance@gmail.com

Karnavati Finance Ltd IPO Register

Satellite Corporate Serv Pvt L

Karnavati Finance Ltd IPO Lead Manager(s)

  • Corporate Strategic Allianz Ltd

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