Open Date

29 Sep 2023

05 Oct 2023


₹25.07 Cr

Lot Size

IPO Size

Listing At


Listing  Date

Price Range

₹76 per share

Close Date

Allotment Date

10 Oct 2023

12 Oct 2023

IPO Details

Karnika Industries Limited, formerly Karni International and founded in 2017, makes and exports clothing from India. Karnika Industries produces a wide range of children's clothing, including rompers, sleepwear, pajamas, winter wear, infant wear, and shorts. The company has well-established production facilities for designing, making samples, inspecting for quality, ironing, and packaging garments. These facilities are furnished with all the cutting-edge equipment and tools needed for a modern manufacturing facility. The business sells its goods under the KARNIKA brand and in the KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, and KARNIKA Club subcategories.

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: To Meet Working Capital Requirement. General Corporate Purpose. To Meet the Issue Expenses.


The book-running lead managers to the offer are: Fedex Securities Pvt Ltd

Book Runners

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