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Home All IPOs Shashwat Furnishing Solutions Ltd. IPO
Shashwat Furnishing Solutions Ltd. IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹45
Issue Price
₹45
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹45
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹135,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
3/3 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
20 Apr 2022
Wed Completed
Done
Close Date
25 Apr 2022
Mon Completed
TBA
Allotment
TBA
TBA
TBA
Refund
TBA
TBA
TBA
Demat Credit
TBA
TBA
Done
Listing Date
04 May 2022
Wed Completed
UPI Deadline: 25 Apr 2022
Issue Details
Pricing & Size
Issue Price
₹45 Face ₹10
Lot Size
3,000 shares
Min Investment
₹135,000
Total Issue Size
5,58,000 shares (aggregating up to ₹2.51 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
30,000 (5.38%)
QIB Portion
-
NII / HNI
2,64,000 (47.31%)
Retail
2,64,000 (47.31%)
Employee
-
Net Offer to Public
5,28,000 shares (aggregating up to ₹2.38 Cr)
Shareholding Pattern
Pre-Issue Shareholding
15,30,000 shares
Post-Issue Shareholding
20,88,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,35,000
HNI / NII 2 6,000 ₹2,70,000
Objects of Issue
2 objectives
1
1 Working Capital Requirement
1.60 Cr
2
2 General Corporate Expenses
0.51 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Beeline Broking Ltd.
Market Maker
Sunflower Broking Pvt.Ltd.
IPO Timeline
Open
20 Apr
✓ Done
Close
25 Apr
✓ Done
Allotment
TBA
Listing
04 May
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
shashwat.ipo@kfintech.com
Company Contact
Email
cs@handicraftsvillage.com
Phone
+91-9001269000
Address
121, Mahaveer Nagar, Jain Colony, Jodhpur, Rajasthan, 342001
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹45
Est. Listing
₹45
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Shashwat Furnishing Solutions Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹45
GMP
+₹0 (+0%)
GMP Est. Listing
₹45
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 2,64,000 (47.31%) ₹118.80 Cr
Retail Investors 2,64,000 (47.31%) ₹118.80 Cr
Total ** 5,58,000 (100.00%) ₹2,511.00 Cr
Market Maker * 30,000 (5.38%) ₹1.35 Cr
* Based on ₹45.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
2,64,000 (47.31%)
Retail
2,64,000 (47.31%)
Market Maker
30,000 (5.38%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric28-Feb-22
Revenue123.46
PAT16.10
EBITDA
Net Worth
Total Assets234.44
Reserves
Borrowings
Key Financial Ratios
53.6
Pre P/E
P/E Pre-Issue
About Shashwat Furnishing Solutions Ltd.

Shashwat Furnishing Solutions Limited is a manufacturer and supplier of furniture and handicraft items. The company specialize 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 converting 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.

Shashwat Furnishing Solutions Limited acquired a sole proprietorship business M/s Handicrafts Village in 2021. The company's registered office, warehouse and processing unit are located in Jodhpur, Rajasthan.

Competitive Strengths:

  • Experienced Management Team.
  • Existing Supplier Relationship.
  • Scalable Business Model.
  • Quality Assurance and Standard.
Frequently Asked Questions
What is the issue price of Shashwat Furnishing Solutions Ltd. IPO?
The issue price of Shashwat Furnishing Solutions Ltd. IPO is ₹45 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹135,000.
What are the IPO dates?
Opens 20 Apr 2022, closes 25 Apr 2022.
When is the listing date?
Tentative listing: 04 May 2022 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹45 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

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Shashwat Furnishing Solutions Ltd. IPO

Check on Registrar
Post-IPO Timeline
Listing Date
04 May 2022
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹45
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹135,000
1 lot
Est. Listing
₹45
GMP +₹0
Key Dates
Open
20 Apr Done
Close
25 Apr Done
Listing
04 May Done
Registrar
Kfin Technologies Ltd.
A
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