The Stock Market Is Abuzz With Excitement As Karnika Industries Limited Gears Up For Its Initial Public Offering (IPO)

It Specializes In Outsourcing The Production Of A Wide Range Of Kids’ Wear,

Including Shorts, Joggers, Capri, Tees, Rompers, Sleep Suits, Pyjamas, Winter Wear, And Infant Wear.

The Company Has Been In Operation For The Past Seven Years, Under The Leadership Of Its Promoter, Mr. Niranjan Mundhra,

One Of The Main Challenges That Karnika Industries Faces Is Scalability.

The Company Has Experienced Impressive Revenue Growth, From INR 4,746 Lakhs In 2021 To INR 13,096 Lakhs In 2023

However, Its Short-Term Debt Has Surged From INR 14 Crore To INR 54 Crore,

The IPO Aims To Raise INR 25 Crore, Which Will Be