The much-anticipated Sat Kartar Shopping IPO is set to open for subscription on January 10, 2025, and will close on January 14, 2025. This IPO comprises a book-built issue of ₹33.80 crores, entirely a fresh issue of 41.73 lakh shares.
Investors can look forward to the allotment finalization on January 15, 2025, while the shares are scheduled to list on the NSE SME platform with a tentative listing date of January 17, 2025.
The IPO price band is set at ₹77 to ₹81 per share, offering retail investors a minimum application lot size of 1,600 shares, requiring an investment of ₹1,29,600.
For high-net-worth individuals (HNI), the minimum investment begins at two lots, equivalent to 3,200 shares, amounting to ₹2,59,200. This IPO presents an exciting opportunity for investors seeking to explore the NSE SME segment with a promising retail offering.
Overview of Contents
Sat Kartar Shopping IPO Overview
| Parameter | Details |
|---|---|
| IPO Dates | January 10, 2025, to January 14, 2025 |
| Listing Date | January 17, 2025 (Tentative) |
| Face Value | ₹10 per share |
| Price Band | ₹77 to ₹81 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 41,72,800 shares (₹33.80 Cr) |
| Fresh Issue | 41,72,800 shares (₹33.80 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Pre-Issue Shareholding | 1,15,72,076 shares |
| Post-Issue Shareholding | 1,57,44,876 shares |
| Market Maker Portion | 2,33,600 shares |
| Retail Investor Minimum Investment | ₹1,29,600 (1 lot) |
| HNI Minimum Investment | ₹2,59,200 (2 lots) |
| Purpose of the IPO | Expansion of operations, working capital, and general corporate purposes |
| DRHP | Click here |
| RHP | Click here |
Sat Kartar Shopping IPO Lot Size
Investors can bid for a minimum of 1,600 shares and in multiples thereof. Retail investors can apply for a single lot, while high-net-worth individuals (HNIs) must bid for a minimum of two lots. The table below outlines the lot size, shares, and investment amounts for both retail and HNI categories.
| Category | Lots | Shares | Amount (₹) | Category Limits (₹) |
|---|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,29,600 | Up to ₹2,00,000 |
| Retail (Max) | 1 | 1,600 | ₹1,29,600 | Up to ₹2,00,000 |
| HNI (Min) | 2 | 3,200 | ₹2,59,200 | Above ₹2,00,000 |
| HNI (Max) | Unlimited | Unlimited | Unlimited | Above ₹2,00,000 |
Sat Kartar Shopping IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not Less than 15% of the Net Issue |
Sat Kartar Shopping IPO Dates
| Event | Date | Details |
|---|---|---|
| IPO Open Date | Friday, January 10, 2025 | Start of subscription for investors. |
| IPO Close Date | Tuesday, January 14, 2025 | Last date for investors to submit applications. |
| Cut-off Time for UPI Mandate | 5 PM on January 14, 2025 | Deadline for UPI mandate confirmation. |
| Basis of Allotment | Wednesday, January 15, 2025 | Finalization of share allotment to investors. |
| Initiation of Refunds | Thursday, January 16, 2025 | Refunds initiated for unsuccessful applicants. |
| Credit of Shares to Demat | Thursday, January 16, 2025 | Allotted shares credited to investors' Demat accounts. |
| Listing Date | Friday, January 17, 2025 | Shares listed on NSE SME platform and open for trading. |
Sat Kartar Shopping IPO Anchor Investors Details
Sat Kartar Shopping IPO successfully raised ₹9.55 crores from anchor investors, showcasing strong institutional interest. The anchor bid date was January 9, 2025, with a total of 11,79,200 shares allocated to anchor investors. Below are the detailed terms of the anchor allotment:
| Event | Details |
|---|---|
| Anchor Bid Date | January 9, 2025 |
| Shares Offered to Anchor Investors | 11,79,200 |
| Anchor Portion Size | ₹9.55 Crores |
| Anchor Lock-in Period End Date (50% Shares) | February 14, 2025 |
| Anchor Lock-in Period End Date (Remaining Shares) | April 15, 2025 |
Sat Kartar Shopping IPO Promoters and Shareholding Details
The promoters of Sat Kartar Shopping are Mr. Manprit Singh Chadha, Mr. Pranav Singh Chadha, Ms. Simrati Kaur, and M/s Ajooni Wellness Private Limited. They hold a significant stake in the company, which will be diluted post-IPO. Below is a detailed breakdown of the shareholding structure:
| Category | Pre-Issue Shareholding | Post-Issue Shareholding |
|---|---|---|
| Promoters | 86.06% | 63.25% |
| Public and Others | 13.94% | 36.75% |
About Sat Kartar Shopping IPO
Sat Kartar Shopping Limited, incorporated on June 20, 2012, is a prominent Ayurveda healthcare company committed to delivering natural wellness solutions for therapeutic and lifestyle products. Focused on promoting a balanced and healthier lifestyle, the company offers holistic remedies rooted in the ancient science of Ayurveda, with all its formulations derived from the Charak Samhita, an esteemed Ayurvedic text. Serving over 300,000 customers in India and 150,000 globally, Sat Kartar Shopping provides a wide range of products for conditions like diabetes, joint pain, immunity, hair care, and more. These products are rigorously tested and comply with GMB, ISO, and the Ministry of Ayush standards.
The company employs 846 professionals across various departments and operates through diverse sales channels, including its website, third-party e-commerce platforms, television marketing, and digital applications. With its mission to revolutionize wellness by integrating traditional wisdom and modern lifestyles, Sat Kartar has positioned itself as a trusted name in personalized Ayurvedic solutions. Its commitment to quality and authenticity extends to convenient services like free home delivery, cash-on-delivery options, and flexible return policies.
Sat Kartar Shopping Limited’s IPO reflects the company’s growth trajectory, with plans to expand its reach and continue its dedication to promoting holistic well-being through Ayurveda. This offering represents an opportunity for investors to be part of a venture that bridges traditional practices with contemporary health needs.
Sat Kartar Shopping IPO Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹2,175.43 | ₹1,471.20 | ₹1,239.33 |
| Revenue | ₹12,810.96 | ₹8,297.74 | ₹5,230.75 |
| Profit After Tax | ₹630.55 | ₹250.61 | ₹138.69 |
| Net Worth | ₹943.33 | ₹327.48 | ₹76.87 |
| Reserves and Surplus | ₹663.33 | ₹257.48 | ₹6.87 |
| Total Borrowing | ₹177.99 | ₹375.24 | ₹814.75 |
| All amounts are in ₹ Lakhs. |
Sat Kartar Shopping IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE: | 66.84% |
| ROCE: | 91.55% |
| EBITDA Margin: | 8.01% |
| PAT Margin: | 4.93% |
| Debt to equity ratio: | 0.19 |
| Earning Per Share (EPS): | ₹22.52 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 66.84% |
| Net Asset Value (NAV): | ₹33.69 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Jeena Sikho Lifecare Limited | 27.84 | 64.90 | NA | NA | 69.21 Cr. |
| Kerala Ayurveda Limited | (1.47) | (182.66) | NA | NA | – Cr. |
Objects of the Issue
The objectives of the Sat Kartar Shopping IPO are as follows:
- To fund expenses for unidentified acquisitions (domestic or international).
- To allocate funds for marketing and advertising.
- To meet capital expenditure requirements.
- To invest in technology advancements.
- To cover general corporate purposes.
- To cover issue-related expenses.
Sat Kartar Shopping Limited Contact Details
- Sat Kartar Shopping Limited
- 603, 6th Floor
- Mercantile House, KG Marg
- New Delhi – 110001
- Phone: +91-9319888634
- Email: [email protected]
- Website: https://www.satkartar.in/
Sat Kartar Shopping IPO Registrar
- Skyline Financial Services Private Ltd
- Phone: 02228511022
- Email: [email protected]
- Website: https://www.skylinerta.com/ipo.php
Sat Kartar Shopping IPO FAQs
What is the Sat Kartar Shopping IPO date?
The IPO opens on January 10, 2025, and closes on January 14, 2025.
What is the price band for Sat Kartar Shopping IPO?
The price band for the IPO is ₹77 to ₹81 per share.
What is the minimum investment amount for retail investors?
The minimum investment amount for retail investors is ₹1,29,600 for one lot of 1,600 shares.
What is the listing date for Sat Kartar Shopping IPO?
The tentative listing date is January 17, 2025, on the NSE SME platform.
Who are the promoters of Sat Kartar Shopping?
The promoters include Mr. Manprit Singh Chadha, Mr. Pranav Singh Chadha, Ms. Simrati Kaur, and M/s Ajooni Wellness Private Limited.
What is the use of the funds raised through the IPO?
The funds will be used for acquisitions, marketing, capital expenditure, technology investments, and general corporate purposes.
What is the total issue size of Sat Kartar Shopping IPO?
The total issue size is ₹33.80 crore, with 41.73 lakh shares offered.
How can I apply for the Sat Kartar Shopping IPO?
You can apply for the IPO through your stockbroker or online trading platforms using UPI-based applications.