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IPO of Maxwell Engineering Solutions Limited (NSE Emerge) opens on 30 October 2026 and closes on 3 November 2026. Price band ₹150–₹158 per share. JDA Capital Services Limited is the Book Running Lead Manager.Dear Investor, please note that the account closing facility is now available online and can be accessed with your login credentials on https://rekyc.beelinebroking.com/. For the detailed procedure, see the Online Account Closure Procedure Manual (PDF).Stock brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.Update your mobile number & email ID with your stock broker / depository participant and receive OTP directly from the depository on your email ID and/or mobile number to create a pledge.Pay 20% upfront margin of the transaction value to trade in the cash market segment.Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.Check your Securities / MF / Bonds in the consolidated account statement issued by NSDL/CDSL every month.Investors may please refer to the Investor Charter as per SEBI circular Ref No. SEBI/HO/IMD/IMD-II CIS/P/CIR/2 dated December 13, 2021.View all Notices

Home/Recent Deals/Shashwat Furnishing Solutions Limited

Deal details

Shashwat Furnishing Solutions Limited

Lead Manager to the Public Issue (SME IPO) of ₹2.51 Cr, listed on BSE SME in 2022.

Completed

Deal at a Glance

Key terms of JDA Capital's mandate for the SME IPO of Shashwat Furnishing Solutions Limited on BSE SME.

RoleLead Manager
TypePublic Issue (SME IPO)
SectorFurniture & Handicrafts
Issue size₹2.51 Cr
ExchangeBSE SME
Year2022

IPO Timetable (Tentative)

Key dates of the Shashwat Furnishing Solutions Limited SME IPO (20 Apr 2022 to 04 May 2022).

  1. 1IPO Open20 Apr 2022
  2. 2IPO Close25 Apr 2022
  3. 3Listing04 May 2022
IPOs Timetable

About Shashwat Furnishing Solutions Limited

Updated on 24 Oct 2026

Makes and supplies Jodhpur handicrafts and converts semi-finished furniture into finished products, including job work (incorporated 2021).

20 Apr 2022 to 25 Apr 2022: the company raised ₹2.51 Cr through a Public Issue (SME IPO) at ₹45 per share (face value ₹10, lot size 3,000 shares). Shares listed on BSE SME on 04 May 2022 (opening price ₹45.00).

JDA Capital Services Limited acted as Lead Manager to the issue. Registrar: Kfin Technologies Limited. Market maker: Sunflower Broking Private Limited.

Currently listed on BSE SME.

Transaction Overview

Issue terms of the Shashwat Furnishing Solutions Limited SME IPO, with JDA Capital as Lead Manager.

InstrumentEquity Shares (Public Issue, SME IPO)
Issue size₹2.51 Cr
ExchangeBSE SME
Role of JDA CapitalLead Manager
Face value₹10 per share
Issue price₹45 per share
Lot size3,000 shares
Shares offered5,58,000
Issue typeFixed Price Public Issue
Listing price₹45.00
Subscription3.72x

Registrar, Lead Manager & Contact Details

Registrar, lead manager, market maker and company contact details for the Shashwat Furnishing Solutions Limited SME IPO.

IPO Registrar

Kfin Technologies Limited

IPO Lead Manager(s)

  1. JDA Capital Services Limited

Market Maker

  • Sunflower Broking Private Limited

Lead Manager Reports

Contact Details

Shashwat Furnishing Solutions Limited. Address

121, Mahaveer Nagar, Jain Colony, Jodhpur 342001, Rajasthan

How JDA Capital Supported the Transaction

JDA Capital's role as Lead Manager to the Shashwat Furnishing Solutions Limited SME IPO, from first review to listing.

  1. Understand

    Reviewed Shashwat Furnishing Solutions's business, track record and funding needs to assess readiness for an SME listing.

  2. Evaluate

    Assessed financials, governance and eligibility against BSE SME platform requirements and SEBI ICDR norms.

  3. Structure

    Structured a fixed price public issue of 5,58,000 equity shares at ₹45 per share (face value ₹10).

  4. Execute

    Managed due diligence, offer document, regulatory filings and the issue process: open 20 Apr 2022, close 25 Apr 2022.

  5. Create Value

    Listed on BSE SME on 04 May 2022. The company is currently listed on BSE SME.

Offer Documents

Offer documents and public notices for the Shashwat Furnishing Solutions Limited SME IPO.

Draft ProspectusShashwat Furnishing Solutions Limited · SME IPO · 2022ViewProspectus / Offer DocumentShashwat Furnishing Solutions Limited · SME IPO · 2022ViewGeneral Information Document (GID)Shashwat Furnishing Solutions Limited · SME IPO · 2022View

Other Transactions

Other SME IPO mandates led by JDA Capital Services Limited.

Mangalam Worldwide LimitedSME IPO · Steel (Stainless Steel)₹65.58 Cr · 2022View detailsAxita Cotton LimitedSME IPO · Textiles (Cotton)₹10.51 Cr · 2019View detailsChandra Bhagat Pharma LimitedSME IPO · Pharmaceuticals₹10.20 Cr · 2020View details
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