Sat Kartar Shopping came to market through an SME IPO that opened on 10 January 2025 and closed on 14 January 2025, and the shares listed on 17 January 2025 on NSE SME. The price band was ₹77 to ₹81 per share and one lot was 1600 shares, so the minimum application was ₹1,29,600. The issue size was ₹33.8 crore. The whole issue was fresh shares, so the money raised went to the company.
Skyline Financial Services Private Ltd was the registrar to the issue, and Narnolia Financial Services Ltd was the lead manager.
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Incepted in June 2012, Sat Kartar Shopping Limited is an Ayurveda healthcare company working towards natural wellness solutions for the therapeutic and lifestyle products to develop a healthier lifestyle. The products offered by this company include holistic, natural remedies and lifestyle products based on the age-old traditional Ayurveda practices catering to individual customers directly. Its products are marketed through its websites, third-party e-commerce, television marketing, Google, and Meta applications. Its Products: Specific Problem Led Niche Therapeutic Areas:
The company targets niche fields within the medical and healthcare domain that specifically focus on solving health problems or challenges such as addiction, personal care, wellness, and others. Products are Addiction Killer,Liv Muztang etc. Health/Lifestyle Led Curative Areas : The company would go for specialized streams in healthcare/medicine, relating to health through lifestyle issues for problems like diabetes, joint pain and piles, besides other health matters. The portfolio under the company products is being widened to include, among others, slimming;
hair care; gut health; and PCOD as well as a mental wellness-based product. As of November 30, 2024, the firm has a total of 1,122 employees working under different department.
As described in the offer document.
s Ajooni Wellness Private Limited. Promoter holding 86.06% before the issue and 63.25% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Sat Kartar Shopping IPO was a ₹33.8 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹77–₹81 per share with a lot size of 1,600 shares (₹1,29,600). The IPO was open from January 10 to January 14, 2025. Shares listed on NSE SME on January 17, 2025 at ₹153.90, a 90.0% premium to the issue price of ₹81. Skyline Financial Services Private Ltd is the registrar.
Narnolia Financial Services Ltd is the book running lead manager.
The price band of Sat Kartar Shopping IPO is ₹77 to ₹81 per share.
The lot size of Sat Kartar Shopping IPO is 1600 shares.
The minimum investment for Sat Kartar Shopping IPO is approximately ₹1,29,600 based on the upper price band.
The allotment date of Sat Kartar Shopping IPO is Jan 15, 2025.
Sat Kartar Shopping IPO's final recorded GMP before listing was ₹47 per share (a 58% premium over the ₹81 upper price band). The shares listed at ₹153.9. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Sat Kartar Shopping IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sat Kartar Shopping IPO allotment status on Rupix for quick and easy access.
₹77 to ₹81 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,29,600. After listing, SME shares also trade in lots rather than one share at a time.
₹1,29,600, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 10 January 2025 and closed on 14 January 2025.
The basis of allotment was published on 15 January 2025 by Skyline Financial Services Private Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 17 January 2025 on NSE SME.
The issue size was ₹33.8 crore. The fresh issue was 41,72,800 shares (aggregating up to ₹33.8 crore).