Sat Kartar Shopping IPO Closed
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Schedule of Sat Kartar Shopping
| Issue open date | 10 Jan 2025 |
| Issue close date | 14 Jan 2025 |
| UPI mandate deadline | 14 Jan 2025 (5 PM) |
| Allotment finalization | 15 Jan 2025 |
| Refund initiation | 16 Jan 2025 |
| Share credit | 16 Jan 2025 |
| Listing date | 17 Jan 2025 |
| Mandate end date | 29 Jan 2025 |
| Lock-in end date for anchor investors (50%) | 14 Feb 2025 |
| Lock-in end date for anchor investors (remaining) | 15 Apr 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Sat Kartar Shopping
Incorporated in June 2012, Sat Kartar Shopping Limited is an Ayurveda healthcare company offering natural wellness solutions. The company specializes in therapeutic and lifestyle products based on traditional Ayurveda practices, targeting areas such as addiction, diabetes, joint pain, and mental wellness. It sells its products directly to consumers through its website, third-party e-commerce platforms, TV marketing, and digital channels. They operate with contract manufacturers for production, focusing on product development and distribution.
Financials of Sat Kartar Shopping
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹33.80 crores |
| Fresh Issue | ₹33.80 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Unidentified Acquisition (In India or Abroad) | 5.00 (14.79%) |
| Marketing and Advertisement | 10.00 (29.59%) |
| Capital Expenditures | 8.00 (23.67%) |
| Investment in Technology | 5.00 (14.79%) |
Strengths
- PAN India revenue, key cities: Tamil Nadu, Uttar Pradesh, Karnataka.
- Asset-light, focused on marketing and customer satisfaction.
- In-house R&D by BAMS doctors for product formulations.
- Clinical trials published in the World Journal of Pharmaceuticals Research.
- Efficient logistics with climate-controlled warehouses for timely deliveries.
Risks
- Consumer complaints and litigation may impact business.
- Brand image issues could hinder growth.
- Dependence on third-party manufacturers risks quality and supply.
- Revenue heavily reliant on top 5 states; adverse changes could affect growth.
- Risk of manufacturers claiming formulation ownership.
- Counterfeits could damage reputation and financials.
Allotment Status for Sat Kartar Shopping
To check your allotment status – click here.
Subscription Figures for Sat Kartar Shopping
Subscription numbers as of 5:00 PM on 14 Jan 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 8.06 | 1006.51 | 124.87x |
| HNI (₹2L+) | 5.92 | 47.86 | 8.08x |
| Retail (upto ₹2L) | 13.79 | 34.36 | 2.49x |
| Total | 41.90 | 92.29 | 2.20x |