Sat Kartar Shopping IPO
- IPO Date10 Jan, 2025 to 14 Jan, 2025
- Listing Date17 Jan, 2025
- Face Value₹10 per share
- Issue Price₹77 to ₹81 per share
- Lot Size1600 Shares
- Minimum Investment₹1,29,600
- Listing AtNSE SME
- Total Issue Size41,72,800 Shares
(aggregating up to ₹33.80 Cr) - Fresh Issue41,72,800 Shares
(aggregating up to ₹33.80 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,15,72,076
- Shareholding post issue1,57,44,876
IPO Dates
Closing Date
14 Jan, 2025
Initiation of Refunds
16 Jan, 2025
Listing Date
17 Jan, 2025
10 Jan, 2025
Opening Date
15 Jan, 2025
Basis of Allotment
16 Jan, 2025
Credit of Shares
Sat Kartar Shopping Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 1600 | ₹1,29,600 |
| Retail (Min) | 1 | 1600 | ₹1,29,600 |
| B-HNI (Min) | - | - | - |
| S-HNI (Min) | 2 | 3200 | ₹2,59,200 |
| S-HNI (Max) | - | - | - |
Sat Kartar Shopping Promoter Holding
The promoters of the company are Mr. Manprit Singh Chadha, Mr. Pranav Singh Chadha, Ms. Simrati Kaur and M/s Ajooni Wellness Private Limited.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 86.06% | 63.25% |
Sat Kartar Shopping COMPANY INFORMATION
Sat Kartar Shopping IPO is a book built issue of Rs 33.80 crores. The issue is entirely a fresh issue of 41.73 lakh shares. Sat Kartar Shopping IPO opens for subscription on January 10, 2025 and closes on January 14, 2025. The allotment for the Sat Kartar Shopping IPO is expected to be finalized on Wednesday, January 15, 2025. Sat Kartar Shopping IPO will list on NSE SME with tentative listing date fixed as Friday, January 17, 2025. Sat Kartar Shopping IPO price band is set at ₹77 to ₹81 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,29,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,59,200. Narnolia Financial Services Ltd is the book running lead manager of the Sat Kartar Shopping IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.The market maker for Sat Kartar Shopping IPO is Prabhat Financial Services Ltd..
Incorporated in June 2012, Sat Kartar Shopping is an Ayurveda healthcare company focused on delivering natural wellness solutions for therapeutic and lifestyle products, promoting a healthier lifestyle.
The company offers holistic, natural remedies and lifestyle products based on traditional Ayurveda practices, serving individual consumers directly. It sells products through its own website, third-party e-commerce platforms, television marketing, and Google and Meta applications.
Their Products:
- Specific Problem Led Niche Therapeutic Areas: The company targets specialized fields within the medical and healthcare domain that focus on addressing specific health issues or challenges such as addiction, personal care, wellness, and others. Products are Addiction Killer,Liv Muztang etc.
- Lifestyle Led Curative Areas:The company also targets specialized fields within healthcare and medicine that focus on addressing health issues related to individuals' lifestyles, such as diabetes, joint pain relief, piles, and other health concerns.
The company is diversifying its product portfolio to include products related to various health issues such as slimming, hair care, gut health, PCOD (Poly Cystic Ovary Disease), and mental wellness.
As on November 30, 2024, the company has a total of 1,122 employees operating under various department.
Competitive Strength:
- Emerging brand with PAN India presence
- Asset light Business Model
- Strong Digital Media presence.
- Anonymity of Customers
- In house research and development
- Clinical Trials
- Well Structured Logistics process
Sat Kartar Shopping IPO
IPO Overview and Key Highlights
Sat Kartar Shopping, a healthcare company specializing in Ayurveda and natural wellness products, is offering its Initial Public Offering (IPO). The IPO includes a fresh issue of 41,72,800 equity shares with a face value of Rs 10 each. The funds raised aim to support working capital needs, business expansion, and other corporate purposes. The shares are proposed to be listed on the NSE Emerge Platform.
Key IPO Details
- Type of Issue: 100% Book Built Issue
- Total Issue Size: 41,72,800 equity shares
- Face Value: Rs 10 per share
- Offer Opens: January 10, 2025
- Offer Closes: January 14, 2025
- Listing Exchange: NSE Emerge
Company Overview
Incorporated in 2012 and headquartered in New Delhi, Sat Kartar Shopping is an Ayurveda healthcare company providing natural wellness solutions. It focuses on integrating traditional Ayurvedic knowledge with modern research to promote a healthier lifestyle. The company has pivoted to exclusively focus on Ayurveda, enhancing its market presence and catering to growing consumer demand for natural and organic products. Promoters include Manprit Singh Chadha, Pranav Singh Chadha, Simrati Kaur, and Ajooni Wellness.
Financial Overview
Sat Kartar Shopping has demonstrated steady financial performance, supported by increasing consumer interest in Ayurveda and wellness. The IPO proceeds will be utilized for operational expansion, marketing, and product development to enhance the company’s market presence.
Key Strengths of Sat Kartar Shopping
- Niche Market Focus: Exclusive focus on Ayurveda healthcare products.
- Strong Brand: Well-recognized player in the natural wellness sector.
- Experienced Promoters: Backed by leadership with expertise in healthcare and business.
IPO Pros and Cons
Pros
- Rising Market Demand: Increasing interest in Ayurveda and natural wellness products.
- Operational Expansion: Proceeds to fund growth and enhance product portfolio.
- Sectoral Growth: Positioned to benefit from the expanding wellness market.
Cons
- Market Dependency: Revenue sensitive to consumer spending in the wellness sector.
- Competitive Industry: Faces competition from other Ayurveda and natural wellness brands.
- First Public Issue: Potential uncertainties in post-listing stock performance.
Risk Factors
Potential investors should consider the following risks:
- Economic Volatility: Dependency on the wellness and healthcare market trends.
- Regulatory Compliance: Adherence to Ayurveda and health-related standards.
- Operational Challenges: Scaling operations while maintaining product quality.
Conclusion
The Sat Kartar Shopping IPO offers an opportunity to invest in a promising player in the Ayurveda healthcare sector. With a strong market presence, a focus on natural wellness products, and experienced leadership, the company is well-positioned for growth. However, potential investors must evaluate risks related to competition, market trends, and regulatory compliance before making a decision.
FAQs About Sat Kartar Shopping Ipo
Sat Kartar Shopping IPO will open on 10 Jan, 2025 and close on 14 Jan, 2025. Investors must apply within this period to participate.
The Sat Kartar Shopping IPO price band is set between ₹77.00 and ₹81.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹129600.00.
The Sat Kartar Shopping IPO shares are expected to be listed on 17 Jan, 2025, subject to regulatory approvals and final allotment.
You can track your Sat Kartar Shopping IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Sat Kartar Shopping IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.