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Sat Kartar Shopping Limited's IPO is a ₹33.80 crore book-built issue comprising a fresh issue of 41.73 lakh shares. The IPO opens on January 10, 2025, and closes on January 14, 2025, with allotment expected by January 15 and listing on the NSE SME platform on January 17.
The Sat Kartar Shopping IPO is a book-built issue valued at ₹33.80 crores, consisting entirely of a fresh issue of 41.73 lakh shares.
The IPO will open for subscription on January 10, 2025, and close on January 14, 2025. The allotment is expected to be finalized on January 15, 2025, with the shares set to list on the NSE SME platform on January 17, 2025.
The price band for the IPO is ₹77 to ₹81 per share, with a minimum application lot size of 1,600 shares. Retail investors need to invest a minimum of ₹1,29,600, while HNIs require at least two lots (3,200 shares), amounting to ₹2,59,200.
| Share Holding Pre-Issue | January 10, 2025 to January 14, 2025 |
| Listing Date | January 10, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹77 to ₹81 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 41,72,800 shares (aggregating up to ₹33.80 Cr) |
| Fresh Issue | 41,72,800 shares (aggregating up to ₹ 33.80 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,15,72,076 shares |
| Share Holding Post Issue | 1,57,44,876 shares |
| Market Maker Portion | 2,33,600 shares Prabhat Financial Services Ltd. |
| IPO Open Date | Friday, January 10, 2025 |
| IPO Close Date | Tuesday, January 14, 2025 |
| Basis of Allotment | Wednesday, January 15, 2025 |
| Initiation of Refunds | Thursday, January 16, 2025 |
| Credit of Shares to Demat | Thursday, January 16, 2025 |
| Listing Date | Friday, January 17, 2025 |
| Cut-off time for UPI mandate confirmation | The credit of Shares to Demat |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,29,600 |
| Retail (Max) | 1 | 1600 | ₹1,29,600 |
| HNI (Min) | 2 | 3,200 | ₹2,59,200 |
| 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 |
| Period Ended | 15 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3,117.07 | 2,175.43 | 1,471.2 | 1,239.33 |
| Revenue | 10,955.26 | 12,810.96 | 8,297.74 | 5,230.75 |
| Profit After Tax | 589.71 | 630.55 | 250.61 | 138.69 |
| Net Worth | 1,728.14 | 943.33 | 327.48 | 76.87 |
| Reserves and Surplus | 570.93 | 663.33 | 257.48 | 6.87 |
| Total Borrowing | 402.63 | 177.99 | 375.24 | 814.75 |
Sat Kartar Shopping Limited's IPO marks a significant step in the company's growth journey, aiming to raise ₹33.80 crores through a fresh issue of shares. The strong investor response highlights confidence in the company’s prospects. With the price band set between ₹77 and ₹81 per share and the tentative January 17, 2025 listing date on the NSE SME platform, the IPO is poised to bolster the company's market presence and support its expansion plans. Investors now await the allotment and listing to gauge the offering's success.
