Bookbuilding IPO | ₹34 Cr | Listed at NSE SME | Fri, Jan 10, 2025 - Tue, Jan 14, 2025
Sat Kartar Shopping IPO is a book build issue of ₹33.80 crores. The issue is entirely a fresh issue of 0.42 crore shares of ₹33.80 crore.
Sat Kartar Shopping IPO bidding started from Jan 10, 2025 and ended on Jan 14, 2025. The allotment for Sat Kartar Shopping IPO was finalized on Jan 15, 2025. The shares got listed on NSE SME on Jan 17, 2025.
Sat Kartar Shopping IPO price band is set at ₹81 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,29,600 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,59,200.
Narnolia Financial Services Ltd. was the book running lead manager and Skyline Financial Services Pvt.Ltd. was the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd..
Refer to Sat Kartar Shopping IPO RHP for detailed Information.
IPO Open
Fri, Jan 10, 2025
IPO Close
Tue, Jan 14, 2025
Issue Price
₹81 per share
Market Cap (Pre-IPO)
₹127.53 Cr
| IPO Date | 10 to 14 Jan, 2025 |
| Listed on | Fri, Jan 17, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹77 to ₹81 |
| Issue Price | ₹81 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 41,72,800 shares (agg. up to ₹34 Cr) |
| Reserved for Market Maker | 2,33,600 shares Prabhat Financial Services Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 39,39,200 shares (agg. up to ₹32 Cr) |
| Net Offered to Public | 39,39,200 shares (agg. up to ₹32 Cr) |
| Share Holding Pre Issue | 1,15,72,076 shares |
| Share Holding Post Issue | 1,57,44,876 shares |
| NSE Symbol | SATKARTAR |
| ISIN | INE0NB801022 |
Sat Kartar Shopping IPO comprises a total issue size of 41,72,800 shares. The net offer to the public is 39,39,200 shares, after excluding 2,33,600 shares allotted on a firm basis. Of the Net offer 19,68,000 (49.96%) are allocated to QIB, 5,92,000 (15.03%) allocated to NII 13,79,200 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 19,68,000 | 49.96% | 47.16% |
| − Anchor Investor Shares Offered | 11,79,200 | 28.26% | |
| − QIB (Ex. Anchor) Shares Offered | 7,88,800 | 18.90% | |
| NII (HNI) Shares Offered | 5,92,000 | 15.03% | 14.19% |
| Retail Shares Offered | 13,79,200 | 35.01% | 33.05% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,33,600 | 5.60% | |
| Total Shares Offered | 41,72,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | 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 |
Sat Kartar Shopping IPO raises ₹9.55 crore from anchor investors. Sat Kartar Shopping IPO Anchor bid date is January 9, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Jan 9, 2025 |
| Shares Offered | 11,79,200 |
| Anchor Portion (₹ Cr.) | 9.55 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Feb 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Fri, Apr 18, 2025 |
Incorporated in June 2012, Sat Kartar Shopping Limited 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:
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:
| Period Ended | 15 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 31.17 | 21.75 | 14.71 | 12.39 |
| Total Income | 109.55 | 128.11 | 82.98 | 52.31 |
| Profit After Tax | 5.90 | 6.31 | 2.51 | 1.39 |
| NET Worth | 17.28 | 9.43 | 3.27 | 0.77 |
| Reserves and Surplus | 5.71 | 6.63 | 2.57 | 0.07 |
| Total Borrowing | 4.03 | 1.78 | 3.75 | 8.15 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet out the expenses of Unidentified Acquisition (In India or Abroad); | 0.01 |
| 2 | To meet out the expenses Marketing and Advertisement; | 0.01 |
| 3 | To meet out the Capital Expenditure; | 0.01 |
| 4 | To meet out the expenditure on Investment in Technology; and | 0.01 |
| 5 | To meet out the General Corporate Purposes | 1.25 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 66.84% |
| ROCE | 91.55% |
| Debt/Equity | 0.19 |
| RoNW | 66.84% |
| PAT Margin | 4.93% |
| Price to Book Value | 2.40 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.45 | 4.00 |
| P/E (x) | 14.87 | 20.23 |
| Promoter Holding | 86.06% | 63.25% |
| Market Cap | ₹127.53 Cr. |
The Sat Kartar Shopping IPO is subscribed 332.78 times on January 14, 2025 6:19:59 PM (Day 3). The public issue subscribed 250.35 times in the retail category, 124.75 times in the QIB category, and 808.3 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 124.75 | 8,06,800 | 10,06,51,200 | 69 |
| NII* | 808.3 | 5,92,000 | 47,85,13,600 | 16,648 |
| Retail | 250.35 | 13,79,000 | 34,52,30,400 | 2,15,769 |
| Total | 332.78 | 27,77,800 | 92,43,95,200 | 2,32,486 |
Total Application : 2,32,486
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager(s) fees | 0.60 |
| 2 | Underwriting commission | 1.52 |
| 3 | Brokerage, selling commission and upload fees. | 0.09 |
| 4 | Registrars to the issue | 0.15 |
| 5 | Legal Advisors | 0.05 |
| 6 | Printing and advertising expenses | 0.07 |
| 7 | Regulators including stock exchanges | 0.06 |
| 8 | Others, if any (Peer Review Auditors, Marketing fees, Market maker, and other misc. expenses) | 1.01 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹81.00 |
| Open | ₹153.90 |
| Low | ₹146.20 |
| High | ₹161.55 |
| Last Trade | ₹161.55 |
Lead Manager Reports
Sat Kartar Shopping IPO is a SME IPO of 41,72,800 equity shares of the face value of ₹10 aggregating up to ₹34 Crores. The issue is priced at ₹81 per share. The minimum order quantity is 1600.
The IPO opens on Fri, Jan 10, 2025, and closes on Tue, Jan 14, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sat Kartar Shopping IPO using UPI as a payment gateway. Zerodha customers can apply in Sat Kartar Shopping IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sat Kartar Shopping IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sat Kartar Shopping IPO opens on Fri, Jan 10, 2025 and closes on Tue, Jan 14, 2025.
Sat Kartar Shopping IPO lot size is 1600, and the minimum amount required for application is ₹1,29,600.
You can apply in Sat Kartar Shopping IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sat Kartar Shopping IPO will be done on Wednesday, January 15, 2025, and the allotted shares will be credited to your demat account by Thu, Jan 16, 2025. Check the Sat Kartar Shopping IPO allotment status.
The Sat Kartar Shopping IPO listing date is on Fri, Jan 17, 2025.
