Shashwat Furnishing Solutions IPO subscription is to open on 20th April and will close on 25 April 2022, Check the Shashwat Furnishing Solutions Subscription Status & Allotment Status.
Shashwat Furnishing Solutions IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Shashwat Furnishing Solutions
- Important Details – Shashwat Furnishing Solutions
- Objects of the Issue
- Shashwat Furnishing Solutions Limited Financials:
- Shashwat Furnishing Solutions IPO Price – Details
- Shashwat Furnishing Solutions IPO DRHP & RHP
- Shashwat Furnishing Solutions IPO Lot Size
- Shashwat Furnishing Solutions IPO Lead Managers
- Shashwat Furnishing Solutions IPO Registrar
- Shashwat Furnishing Solutions IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- Shashwat Furnishing Solutions IPO – FAQS
About Shashwat Furnishing Solutions
Shashwat Furnishing Solutions is engaged in processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. The company specialize in developing a qualitative range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks and various other decoration & handicrafts objects.
Shashwat Furnishing Solutions are instrumental in presenting a wide assortment of exclusively designed products, such as Restaurant Furniture, Cafe Furniture, and Metal Furniture. The expert professionals are devoted to developing an exclusive product range capable to gain a nationwide appreciation for its remarkable finish, unique designs, trendy colour combinations, flawless detailing, unbreakable quality and higher durability
Important Details – Shashwat Furnishing Solutions
| Date | Details |
|---|---|
| March 08, 2021 | The company was originally incorporated as “Shashwat Furnishing Solutions Private Limited” |
| June 01, 2021 | The company has acquired the entire running business with the assets and liabilities of M/s Handicrafts Village, sole proprietorship concern of the Promoter Mr. Hitesh Karnawat vide Business Transfer Agreement |
| August 12, 2021 | Further, the company was converted into Public Limited Company and consequently name of company was changed from “Shashwat Furnishing Solutions Private Limited” to “Shashwat Furnishing Solutions Limited” |
Objects of the Issue
- Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
Shashwat Furnishing Solutions Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakhs) |
| 28-Feb-22 | |
| Total Assets | 234.44 |
| Total income | 123.46 |
| Total Expenses | 101.96 |
| Profit After Tax | 16.10 |
Shashwat Furnishing Solutions IPO Price – Details
| Details | SFSL IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 5,58,000 Equity Shares of ₹ 10 (aggregating up to ₹ 251 lakhs) |
| Issue Open Date | 20-Apr-22 |
| Issue Close Date | 25-Apr-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 45 |
| Face Value | ₹ 10 |
| Market Lot | 3000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 3000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | SFSL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Shashwat Furnishing Solutions IPO DRHP & RHP
Shashwat Furnishing Solutions IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 3000 | ₹ 1,35,000 |
| Maximum | 1 | 3000 | ₹ 1,35,000 |
Shashwat Furnishing Solutions IPO Lead Managers
- Beeline Broking Ltd
Shashwat Furnishing Solutions IPO Registrar
Shashwat Furnishing Solutions IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
| Bid / Offer Opens on | 20-Apr-22 |
| Bid / Offer Closes on | 25-Apr-22 |
| Finalisation of Basis of Allotment | |
| Initiation of refunds | |
| Credit of the Equity Shares | |
| Listing Date |
Company Peers – Comparison of Accounting Ratios
The company does not have any listed peers which are comparable in terms of business.
Company Registered Office
121, Mahaveer Nagar,
Jain Colony,
Jodhpur-342001,
Rajasthan, India.
Website: www.handicraftsvillage.com
Company Promoters
- Mr. Hitesh Karnawat
Shashwat Furnishing Solutions IPO – FAQS
What is the Shashwat Furnishing IPO Price?
The Shashwat Furnishing IPO price band is 45 per share
When Shashwat Furnishing IPO will open?
The Shashwat Furnishing IPO opens on Apr 20, 2022 and closes on Apr 25, 2022
What is the lot size of Shashwat Furnishing IPO?
The Shashwat Furnishing IPO lot size is 3000 Equity Shares and the minimum order quantity is 3000 Equity Shares
Who is the Registrar for Shashwat Furnishing Solutions IPO?
The Registrar for Shashwat Furnishing Solutions IPO is KFin Technologies Private Limited
How to apply in Shashwat Furnishing Solutions IPO through UPI?
Check the step by step process here – Click here
How to apply in Shashwat Furnishing Solutions IPO through Zerodha?
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