Sat Kartar Shopping Limited is is expected to open for subscription on January 10, 2025, and will close on January 14, 2025. This fresh issue of shares, amounting to ₹33.80 crore, marks a significant step in the company’s journey to expand its footprint in the Ayurveda healthcare sector. With a price band of ₹77 to ₹81 per share, this IPO offers investors a chance to invest in a company that focuses on delivering natural wellness solutions, including lifestyle products and therapeutic remedies.
For those interested in this IPO, the allotment of shares will be finalized on January 15, 2025, and the listing will take place on the NSE SME on January 17, 2025.
Key Details of Sat Kartar Shopping IPO
| IPO Details | Information |
|---|---|
| IPO Opening Date | January 10, 2025 |
| IPO Closing Date | January 14, 2025 |
| Price Band | ₹77 to ₹81 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | ₹33.80 Crores (41.73 Lakh shares) |
| Fresh Issue | 41,72,800 shares (aggregating up to ₹33.80 Cr) |
| Face Value | ₹10 per share |
| Listing At | NSE SME |
| Market Maker | Prabhat Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt Ltd. |
| Lead Manager | Narnolia Financial Services Ltd. |
| Shareholding Pre-Issue | 1,15,72,076 shares |
| Shareholding Post-Issue | 1,57,44,876 shares |
Sat Kartar Shopping IPO Timeline (Tentative Schedule)
| Event | Date |
|---|---|
| IPO Opening Date | January 10, 2025 |
| IPO Closing Date | January 14, 2025 |
| Basis of Allotment | January 15, 2025 |
| Initiation of Refunds | January 16, 2025 |
| Credit of Shares to Demat Account | January 16, 2025 |
| Listing Date | January 17, 2025 |
| Cut-off time for UPI mandate | 5 PM on January 14, 2025 |
Sat Kartar Shopping IPO Lot Size & Investment Breakdown
Investors can bid for a minimum of 1600 shares, and applications must be in multiples of 1600 shares. Below is the investment breakdown:
| Category | No. of Lots | Shares | Investment Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,29,600 |
| Retail (Max) | 1 | 1,600 | ₹1,29,600 |
| HNI (Min) | 2 | 3,200 | ₹2,59,200 |
IPO Reservation:
The shares will be offered in the following categories:
| Investor Category | Shares Offered |
|---|---|
| QIB (Qualified Institutional Buyers) | Not more than 50% of the Net Issue |
| Retail Investors | Not less than 35% of the Net Issue |
| NII (Non-Institutional Investors) | Not less than 15% of the Net Issue |
Sat Kartar Shopping IPO Anchor Investors
The company has raised ₹9.55 crore from anchor investors, who will place their bids on January 9, 2025. The anchor lock-in period will end on February 14, 2025 for 50% of the shares, and the remaining 50% will be unlocked on April 15, 2025.
About Sat Kartar Shopping Limited
Founded in June 2012, Sat Kartar Shopping Limited is an Ayurveda-based healthcare company dedicated to promoting a healthier lifestyle through natural wellness solutions. The company offers a range of therapeutic products for addiction, personal care, wellness, and lifestyle issues, including diabetes, joint pain, PCOD, and more.
With a strong presence in India, the company markets its products through its own website, third-party platforms, television ads, and social media.
Products Offered by Sat Kartar Shopping
- Therapeutic Products – Solutions for addiction, wellness, and personal care.
- Examples: Addiction Killer, Liv Muztang.
- Lifestyle Products – Targeted at lifestyle-related health issues like joint pain, diabetes, PCOD, and more.
- Examples: Slimming products, hair care solutions, mental wellness products.
The company operates with over 1,122 employees as of November 2024.
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Financial Information:
| Financial Data | 15 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (in ₹ Lakhs) | 3,117.07 | 2,175.43 | 1,471.2 | 1,239.33 |
| Revenue (in ₹ Lakhs) | 10,955.26 | 12,810.96 | 8,297.74 | 5,230.75 |
| Profit After Tax (in ₹ Lakhs) | 589.71 | 630.55 | 250.61 | 138.69 |
| Net Worth (in ₹ Lakhs) | 1,728.14 | 943.33 | 327.48 | 76.87 |
| Total Borrowing (in ₹ Lakhs) | 402.63 | 177.99 | 375.24 | 814.75 |
Objects of the Issue
The funds raised through the IPO will be utilized for the following objectives:
- Issue Expenses
- Acquisitions (India or Abroad)
- Marketing and Advertisement
- Capital Expenditure
- Technology Investments
- General Corporate Purposes
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice or an endorsement of any IPO or investment opportunity. While we strive to ensure the accuracy of the details shared, the content is based on publicly available information, research, and reports from credible sources. Readers are advised to verify the details independently and consult with a financial advisor before making any investment decisions.Stay informed and exercise caution while making financial decisions.
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