January 15, 2025
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Sat Kartar Shopping listing Review
Will give detailed review on listing of this IPO
Sat Kartar Shopping
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Subscription status of Sat Kartar Shopping IPO
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Sat Kartar Shopping IPO Price Rs. 81 Lot 1600 shares, Rs. 33.80 Crore |
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| QIB | NII x | RII x | Total x | Applications |
| 124.75 | 808.13 | 249.17 | 332.16 | 231447 |
| Amount wise bids recd. Rs. ? Crore | ||||
| Note: | ||||
What is the business of Sat Kartar Shopping IPO?
Founded in June 2012, Sat Kartar Shopping Limited is an Ayurveda-based healthcare company dedicated to providing natural wellness solutions through therapeutic and lifestyle products, aimed at promoting a healthier way of life.
The company offers a range of holistic and natural remedies derived from traditional Ayurvedic practices, catering directly to individual consumers. These products are available through the company’s website, third-party e-commerce platforms, television marketing, and digital advertising on Google and Meta applications.
In its effort to expand its product range, the company is diversifying its portfolio to include solutions for a wider array of health issues, including slimming, hair care, gut health, PCOD (Polycystic Ovary Syndrome), and mental wellness.
As of November 30, 2024, Sat Kartar Shopping Limited employs 1,122 people across various departments.
Get more information about the company @
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Sat Kartar Shopping IPO Details |
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| IPO opens on | 10 January 2025 |
| IPO closes on | 14 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4172800 Shares / Rs 33.80 Crore |
| * Fresh Issue | 4172800 Shares / Rs 33.80 Crore |
| * Offer for Sale – | – shares / Rs. – crore |
| Market Maker Portion | 233600 Shares |
| Net offer to Public | 3939200 Shares/ Rs.31.91 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 81 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1600 Shares |
| Listing will at | NSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) | |
| QIB (50%) | 1969600 | 15.95 |
| HNI (15%) | 590880 | 4.79 |
| RII (35%) | 1378720 | 11.17 |
| Total Shares | 3939200 | 31.91 |
| Retail portion will be oversubscribed by |
862 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1600 Shares | Rs.129600 |
| Min HNI Application | 3200 Shares | Rs. 259200 |
Who are the Promoters of Sat Kartar Shopping?
The promoters of the company are Mr. Manprit Singh Chadha, Mr. Pranav Singh Chadha, Ms. Simrati Kaur and M/s Ajooni Wellness Private Limited.
What are the Objects of Sat Kartar Shopping IPO?
The Offer comprises of fresh issue of shares.
The objects of the Issue are: –
- To meet the expenses of Unidentified Acquisition (In India or Abroad)
- To meet the expenses, Marketing and Advertisement
- To meet the Capital Expenditure
- To meet the expenditure on Investment in Technology
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Tentative timetable |
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| IPO opens on | 10 January 2024 |
| IPO Closes on | 14 January 2025 |
| IPO Allotment on | 15 January 2025 |
| Refund Initiation | 16 January 2025 |
| Credit of Shares | 16 January 2025 |
| Listing on | 17 January 2025 |
| Registered Office of the Company Sat Kartar Shopping Limited 603, 6th Floor Mercantile House, KG Marg New Delhi – 110001 |
| Who is the Lead Manager of this IPO? Narnolia Financial Services ltd |
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Who is the Registrar to IPO? |
Sat Kartar Shopping IPO GMP grey market premium, review, Subscription, allotment, listing estimate
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Sat Kartar Shopping IPO Financial & Analytical Ratios |
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| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 52.31 | 1.39 | ||
| 2022-23 | 82.98 | 2.51 | – | |
| 2023-24 | 128.11 | 6.31 | 5.45 | – |
| Book Value of the Share on 31.03.2024 |
– | |||
| BV of the Share at cap price after IPO |
Rs. | – | ||
| Offer Price/upper band | Rs. | 81 | ||
Key Performance
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| Price/EPS of 23-24 | 14.89 |
| Price/BV Ratio | |
| Debt/Equity Ratio | |
How Sat Kartar Shopping IPO compares with the Peers?
| As on date of RHP | FV | RONW | PE |
| Rs. | % | Ratio of | |
| Sat Kartar | 10 | – | 14.89 |
| Jeena Sikho | 10 | – | 64.90 |
| Kerala Ayurveda | 10 | -0 | (-)183 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Sat Kartar Shopping IPO Review by Paresh Gordhandas, CA & Research Analyst.
Founded in June 2012, Sat Kartar Shopping Limited is an Ayurveda-based healthcare company dedicated to providing natural wellness solutions through therapeutic and lifestyle products, aimed at promoting a healthier way of life.
In the RHP the company has mentioned: “Our Company operates in D2C (Direct-to-Consumer) segment, selling Ayurveda products directly to consumer through our own D2C website and third-party e-commerce websites, TV marketing and Google and Meta Applications.”
It has also mentioned: “Our company operates under a strategic contract manufacturing model, which allows us to concentrate on high value activities like product innovation, branding, marketing, and distribution. By partnering with trusted third-party manufacturers, we leverage their expertise and resources while maintaining control over our formulations and ensuring quality through comprehensive agreements…
The RHP also indicate:” Since we do not carry out manufacturing ourselves, this clause, capacity utilisation, is not applicable to us.” …As on November 30, 2024, we have total of 1,122 employees operating under various department”
As per RHP, as on 15 Dec 2024, the company has trade receivables of Rs. 6.68 crore, short term loans and Advances given of Rs. 7.98 crore, other current assets of Rs. 4.23 crore and inventory of Rs. 1.92 crore.
Mr. Manprit Singh Chadha is the Promoter of the Company. He is a Chartered Accountant by profession, with experience of more than 30 years in the corporate and entrepreneurial realms. In the past he served as a Financial Controller at Daksh e-services,
+ from fundamental angle: Avoid
+ from grey market angle:
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