Shashwat Furnishing Solutions Limited is a manufacturer and supplier of furniture and handicraft items founded in the year 2015. The company is specialized 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 expert professionals are devoted to developing an exclusive product range capable to gain a nationwide appreciation for its remarkable finish, unique designs, trendy color combinations, flawless detailing, unbreakable quality and higher durability. The company’s registered office, warehouse and processing unit are located in Jodhpur, Rajasthan. The company has implemented advanced manufacturing technology that equips to design and develop decorative items with computerized processes. Their products are cherished by the corporate sector and widely utilized for gifting and decorative purpose in the hospitality industry.
Competitive Strengths:
- Existing Supplier Relationship.
- Scalable Business Model.
- Quality Assurance and Standard.
Objectives of the Issue:
The Net Proceeds from the Fresh Issue will be utilized towards the following purposes:
- Working Capital Requirement.
- General Corporate Purpose.
- To Meet the Issue Expenses.
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