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Tejas Cargo India Limited IPO Detail
Last Updated on February 14, 2025 Tejas Cargo India Limited IPO Incorporated in March 2021, Tejas Cargo India Limited is a logistics company located in Faridabad, Haryana, that provides supply
Incorporated in 2017, Karnika Industries Limited, previously known as Karni International, manufactures and exports garments in India.
Karnika Industries manufactures all types of kids’ wear i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pajamas, winter wear, infant wear, etc. The company has well-established manufacturing
units for designing, preparing the sample, quality inspection, ironing, and packing of Garments that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit.
The company sells its products under the brand KARNIKA and sub-categories as KARNIKA Care, KARNIKA Cool, KARNIKA Cube, KARNIKA Life, KARNIKA Key, KARNIKA Club.
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
Assets | 3,055.87 | 5,921.42 | 10,071.04 |
Revenue | 4,779.31 | 9,892.52 | 12,605.62 |
Profit After Tax | 81.61 | 454.01 | 826.74 |
Net Worth | 378.14 | 1,860.88 | 1,806.83 |
Reserves and Surplus | 896.80 | ||
Total Borrowing | 1,570.94 | 2,224.13 | 5,245.53 |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
Karnika Industries IPO opens on September 29, 2023, and closes on October 5, 2023.
IPO Open Date | Friday, September 29, 2023 |
IPO Close Date | Thursday, October 5, 2023 |
Basis of Allotment | Tuesday, October 10, 2023 |
Initiation of Refunds | Wednesday, October 11, 2023 |
Credit of Shares to Demat | Thursday, October 12, 2023 |
Listing Date | Friday, October 13, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on October 5, 2023 |
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