59  Total SME IPOs listed in 2025

2,613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

59  Total SME IPOs listed in 2025

2613.37 Crs.  Total funds raised in 2025

41  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Shashwat Furnishing Solutions Limited IPO (Shashwat Furnishing Solutions IPO) Detail

Shashwat Furnishing Solutions IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Jodhpur and caters to Furniture sector. Beeline Capital Advisors is the merchant banker of Shashwat Furnishing Solutions IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2021.

Shashwat Furnishing Solutions IPO open date is 20th April 2022 and close date is 25th April 2022. IPO Allotment Date is 30th November -0001 and Listing date is 4th May 2022.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

IPO Key Highlights

  • IPO Size: ₹ 2.51 Cr. Avg IPO Size (Sector Based) : ₹ 21.92 cr.
  • Sector: Furniture SME IPO so far: 24
  • Merchant Banker: Beeline Capital SME IPO by BRLM so far: 73
  • City: Jodhpur SME IPO so far: 3
  • Revenue (annualised): ₹ 1.35 cr.
            (annualised): ₹ 0.17 cr.
  • PE Ratio: 53.60x Average Sector PE Ratio: 17.68x

Shashwat Furnishing Solutions IPO Date

Date of DRHP:
29th September 2021
IPO Open Date:
20th April 2022
IPO Closing Date:
25th April 2022
IPO Allotment Date:
30th November -0001
Initiation of Refund:
30th November -0001
IPO Listing Date:
4th May 2022

Shashwat Furnishing IPO Info, Size, Subscription

Shashwat Furnishing Solutions IPO size is ₹ 2.51 Cr. with IPO price of ₹ 45.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 2.51 Cr.

Issue Price:
₹ 45.00

Market Capitalisation :
₹ 9.40 Cr.

PE multiple :
53.60

Subscription :
4.62 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
73.28 %

Shashwat Furnishing Solutions IPO Information

Sub Sector : Processing of semi-finished furniture
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. They are instrumental in presenting a wide assortment of exclusively designed products, such as Restaurant Furniture, Cafe Furniture, and Metal Furniture. Their 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.

Object of Issue (Shashwat Furnishing IPO Objectives)

  • Working Capital Requirement
  • General Corporate Purposes
  • To Meet the Issue Expenses

Beeline Capital Advisors Private Limited is the book-running lead manager of the Shashwat Furnishing Solutions IPO. Kfin Technologies Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Shashwat Furnishing Solutions IPO.

Shashwat Furnishing IPO Market Maker

Sunflower Broking Private Limited

Shashwat Furnishing IPO Registrar (RTA)

Kfin Technologies Limited

Shashwat Furnishing IPO Lead Manager (BRLM)

Beeline Capital Advisors Private Limited

Shashwat Furnishing Solutions IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Shashwat Furnishing Solutions IPO?

Shashwat Furnishing Solutions IPO, based in Jodhpur, operates in the   Furniture sector with a focus on Processing of semi-finished furniture. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Shashwat Furnishing Solutions IPO size is ₹ 2.51 Cr. with fresh issue size of ₹ 2.51 Cr. and Offer for sale being ₹ Nil

When is Shashwat Furnishing IPO allotment?

The IPO allotment date for Shashwat Furnishing Solutions IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Shashwat Furnishing Solutions IPO allotment status on the registrars website, Kfin Technologies Limited. Shashwat Furnishing Solutions IPO refund dates are 30th November -0001.

When is Shashwat Furnishing Solutions IPO listing date?

Shashwat Furnishing Solutions IPO is expected to be listed on 4th May 2022.

What is the price band for Shashwat Furnishing IPO?

The upper price band for the Shashwat Furnishing Solutions IPO is set at ₹ 45.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Shashwat Furnishing Solutions IPO Review?

For IPO analysis on Shashwat Furnishing Solutions IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Shashwat Furnishing Solutions IPO?

To apply for the Shashwat Furnishing Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th April 2022. After submission, funds are blocked until the basis of allotment of Shashwat Furnishing Solutions IPO is finalised.

Who is the merchant banker of Shashwat Furnishing IPO?

The merchant banker for Shashwat Furnishing Solutions IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Shashwat Furnishing Solutions IPO RHP for further details.

Who is the Registrar of Shashwat Furnishing Solutions IPO?

The registrar for Shashwat Furnishing Solutions IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Shashwat Furnishing Solutions IPO through their official website or helpline.

What is the Shashwat Furnishing Solutions IPO subscription?

Shashwat Furnishing Solutions IPO was subscribed 4.62 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 2.51 Cr. Avg IPO Size (Sector Based) : ₹ 21.92 Cr.
  • Sector: Furniture SME IPO so far: 24
  • Merchant Banker: Beeline Capital SME IPO by BRLM so far: 73
  • City: Jodhpur SME IPO so far: 3
  • Revenue (annualised): ₹ 1.34 cr.
            PAT: (annualised): ₹ 0.17 cr.
  • PE Ratio: 53.60x Average Sector PE Ratio: 17.68x
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FAQs

Shashwat Furnishing Solutions IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Shashwat Furnishing Solutions Financial Review Page

Shashwat Furnishing Solutions IPO subscription was 4.62 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shashwat Furnishing Solutions IPO listed at a listing price of 45.30 against the offer price of 45.00.

The current market price of Shashwat Furnishing Solutions is 41.52.

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