Shashwat Furnishing Solutions Limited IPO

Shashwat Furnishing Solutions Limited IPO Details, Financials, Subscription Status, GMP & More.

Shashwat Furnishing Solutions Limited Logo
Shashwat Furnishing Solutions Limited IPO Details & Company Portfolio / Business Model: Shashwat Furnishing Solutions Limited is a manufacturer and supplier of furniture and handicraft items. The company specializes in developing Industrial Furniture, Restaurant and Cafe Furniture, Garden and Outdoor Furniture, Vintage Furniture, Mirror Frames, Wall clocks, and various other decoration & handicrafts objects. The company engages in the business of purchasing, assembling, finishing, and repairing semi-furnished furniture to convert them into finished goods. Shashwat Furnishing Solutions sells its furniture to wholesalers, retailers, and customers through online platforms such as Indiamart, Trade India, Exporter India, etc.
You can even check more Shashwat Furnishing Solutions Limited IPO’s latest news from this portal. We aim to keep you up to date on Upcoming IPO information.

Shashwat Furnishing Solutions IPO Details

IPO Opening Date Apr 20, 2022
IPO Closing Date Apr 25, 2022
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹45 per equity share
Market Lot 3000 Shares
Min Order Quantity 3000 Shares
Listing At BSE SME
Issue Size 558,000 Eq Shares of ₹10
(aggregating up to ₹2.51 Cr)
Fresh Issue 558,000 Eq Shares of ₹10
(aggregating up to ₹2.51 Cr)
Retail Shares Offered 50% of the net offer
NII (HNI) Shares Offered 50% of the net offer

Shashwat Furnishing Solutions Limited IPO Prospectus

This post shows all information about Shashwat Furnishing Solutions Limited IPO. You can check more detailed information like financial reports of this IPO and more information about promoter holdings from this page itself.

Shashwat Furnishing IPO GMP Live Rates day by day with Kotak rates.

Date GMP Kostak Subject to
25 April ₹- ₹- ₹-
22 April ₹- ₹- ₹-
21 April ₹- ₹- ₹-
20 April ₹- ₹- ₹-
18 April ₹- ₹- ₹-
15 April ₹- ₹- ₹-

Company Financial Reports

Summary of financial Information (Restated Statements)

Year/Period (Rs in Lakhs)
28-Feb-22
Total Assets 234.44
Total Revenue 123.46
Profit After Tax 16.10

With the help of the above information, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

Shashwat Furnishing Solutions IPO Lot Size

The Shashwat Furnishing Solutions IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lot (3000 shares or ₹135,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 3000 ₹135,000
Maximum 1 3000 ₹135,000

This table is essential as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

Shashwat Furnishing Solutions IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding 73.28%

Company Promoters & Holding

Mr. Hitesh Karnawat is the company’s promoter.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

Shashwat Furnishing Solutions IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information

Shashwat Furnishing Solutions Limited
121, Mahaveer Nagar,
Jain Colony,
Jodhpur-342001
Phone: +91-9001269000
Email: [email protected]
Website: http://www.handicraftsvillage.com/

This is the complete information about the Shashwat Furnishing Solutions Limited IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

Shashwat Furnishing Solutions Limited IPO Subscription Status (Live Update – Day 4)

Category Day 1 Day 2 Day 3 Day 4
NII 0.00 0.23 0.75 1.23
RII 0.49 1.72 2.53 3.90
Total 0.24 0.97 1.64 2.56

Shashwat Furnishing Solutions Limited IPO Subscription Status will be updated in the table regularly. Keep visiting this page to get daily latest IPO subscription updates. If this table is not updated then you can request the updates by commenting below. (Updated Frequently)

GMP (Grey Market Premium)

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