Shashwat Furnishing Solutions Limited IPO (Shashwat Furnishing Solutions IPO)

Shashwat Furnishing Solutions IPO
Upcoming Shashwat Furnishing Solutions IPO | New Shashwat Furnishing Solutions IPO

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.

Company Promoters

Mr. Hitesh Karnawat is the company promoter.

Company Financials

ParticularsFor the year/period ended (Rs in Lakhs)
Total Assets234.44
Total Revenue123.46
Profit After Tax16.10

Objects Of The Issue

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

  1. Working Capital Requirement.
  2. General Corporate Purpose.
  3. To Meet the Issue Expenses.

Shashwat Furnishing Solutions IPO Details

IPO Opening DateApr 20, 2022
IPO Closing DateApr 25, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹45 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME
Issue Size558,000 Eq Shares of ₹10
(aggregating up to ₹2.51 Cr)
Fresh Issue558,000 Eq Shares of ₹10
(aggregating up to ₹2.51 Cr)
Retail Shares Offered50% of the net offer
NII (HNI) Shares Offered50% of the net offer

Shashwat Furnishing Solutions IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)

Shashwat Furnishing Solutions IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding73.28%

Shashwat Furnishing Solutions IPO Prospectus

Company Contact Information

Shashwat Furnishing Solutions Limited

121, Mahaveer Nagar,
Jain Colony,
Phone: +91-9001269000

Shashwat Furnishing Solutions IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

Shashwat Furnishing Solutions IPO FAQs

When Shashwat Furnishing Solutions IPO will open?

The Shashwat Furnishing Solutions IPO dates are 20 April 2022 To 25 April 2022
What is the lot size of Shashwat Furnishing Solutions IPO ?

Shashwat Furnishing Solutions IPO lot size and the minimum order quantity is 3000 Shares.
How to apply for Shashwat Furnishing Solutions IPO ?

You can apply in Shashwat Furnishing Solutions IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Shashwat Furnishing Solutions IPO listing date?

The Shashwat Furnishing Solutions IPO listing date is announced. The date of Shashwat Furnishing Solutions IPO listing is [].
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