Shashwat Furnishing Solutions IPO
1. The company 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.
2. They are instrumental in presenting a wide assortment of exclusively designed products, such as Restaurant Furniture, Cafe Furniture, and Metal Furniture. Company’s 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.
i. Restaurant and Cafe Furniture – includes Chairs, Dinning Set, Dining table, Stools and Canteen Furniture
ii. Bar Furniture
iii. Garden & Outdoor Furniture
iv. Vintage and Antique Furniture
i. Experienced Management Team.
ii. Existing Supplier Relationship.
iii. Scalable Business Model.
iv. Quality Assurance and Standard.
Objects of the Shashwat Furnishing Solutions IPO:
Shashwat Furnishing Solutions IPO Details:
|Open Date:||Apr 20 2022|
|Close Date:||Apr 25 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||2.51 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 45 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||May 03 2022|
Promoters And Management:
Financials of Shashwat Furnishing Solutions IPO:
|Particulars (in Lakhs)||Feb-22||Mar-21|
|Cost of Materials Consumed||89||0|
|Changes in Inventories||-17||0|
|Employee Benefits Expense||17||0|
|Profit before tax||22||0|
|Total Tax Exps||5||0|
|No. of shares||20.88||20.88|
|EPS in Rs||1.09||0.00|