Sat Kartar Shopping IPO Listed at 90% premium on NSE at ₹153.90

Sat Kartar Shopping IPO is listed with a premium of 90% at ₹153.90 on the NSE (National Stock Exchange). The IPO GMP of this IPO was Rs 40 last heard.
Sat Kartar Shopping IPO

Sat Kartar Shopping IPO subscribed 332.78 times on the last day, while A retail quota was subscribed 250.35 times, QIB was subscribed 124.75 times, and NII quota subscribed by 808.3 times respectively.

Details About Sat Kartar Shopping IPO

Sat Kartar Shopping got approval from SEBI for an IPO of ₹33.80 crores to raise funds and maintain financial stability. The face value of each share was Rs 10 each. Moreover, the company has set up a price band between ₹77 to ₹81 per share. In this IPO a total of 1600 shares were available in 1 lot size for the minimum Retail category and for the maximum retail category 1600 shares in 1 lot size, while S-HNI (Min) total of 3200 shares in 2 lot size.

To invest in this IPO, each investor category has specific investment amounts:

  • Retail Investors: Minimum investment of ₹1,29,600 and maximum investment of ₹1,29,600.
  • Small HNI (S-HNI): Minimum investment of ₹2,59,200.

Subscription duration of Sat Kartar Shopping IPO

Sat Kartar Shopping IPO opening date was January 10, 2025 and closing date was January 14, 2025. The Sat Kartar Shopping ipo allotment was finalized on January 15, while the IPO listing is on January 17.

Funds Deployment of This Company

Following are the purposes the company is planning to use the funds raised by launching an IPO as follows:

  • The company will use the funds to cover the expenses of Unidentified Acquisition (In India or Abroad).
  • Fulfill the expenses that are required for Marketing and Advertising.
  • They will use the amount to cover the Capital Expenditure spent by the company.
  • Covering the cost they have spent on Investment in Technology.
  • The remaining funds will be used for the company’s General Corporate Purposes.
  • At last, the funds will be used to handle the Issue Expenses of the company.

About Sat Kartar Shopping IPO

Sat Kartar Shopping Limited incorporated in June 2012, one of the leading Ayurvedic Healthcare companies focused on providing natural wellness solutions for specific therapeutic areas and general lifestyle products. They believe in supporting a healthy lifestyle and encourage customers to choose healthier options by sharing traditional ayurvedic knowledge. Addiction Killer, which helps people to stop their addiction, Liv Muztang, Kama Gold, Ayush 82 Aadved, Ortho Veda oil, Dr Piles Free, etc, are some of the products the company offers to their consumers. Sat Kartar Shopping Limited has become a sensation when it’s come to natural and organic products. The company’s profile consists of a wide range of products and services making them one of the leading companies in the Ayurvedic Healthcare industry, leaving a footprint of incredible market presence. They are also planning to expand their products by adding a diverse range of healthcare products that cater to various issues such as slimming, hair care, gut health, PCOD (Polycystic Ovary Disease), and mental wellness. People who are interested in the company’s products can easily buy it from the company’s own website, through third party ecommerce platforms marketing, and through Google and Meta Applications. 

Financial Background of Sat Kartar Shopping IPO

In FY 2024, the company announced a revenue of ₹128.11 crores counter to 2023 which was ₹82.98 crore. While, in 2024, the company generated a profit of ₹6.31 crores, which was ₹2.51 crores in 2023 respectively.

    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Leave a Reply

    Your email address will not be published. Required fields are marked *