Sat Kartar Shopping IPO Allotment – 3 Ways To Check Allotment Status

Team Finance Saathi

    15/Jan/2025

What's covered under the Article:

  1. Sat Kartar Shopping IPO is a ₹ 33.80 Crore issue with a price band between ₹ 77 and ₹ 81 per share.
  2. The IPO subscription has seen massive demand, with 316.02 times subscription on its final day.
  3. Key investment insights and financial growth indicate promising gains for those looking at listing profits.

The Sat Kartar Shopping IPO has been one of the most awaited public offerings, generating interest from investors in India. This IPO, with a book-built issue amounting to ₹33.80 Crores, comprises a fresh issue of 41.72 lakh shares. The subscription period for the Sat Kartar Shopping IPO began on January 10, 2025, and concluded on January 14, 2025. The allotment is set to be finalized on January 15, 2025, and the listing date on the NSE SME is scheduled for January 17, 2025.

The price band for this IPO is ₹77 to ₹81 per equity share. At the higher price band, the market capitalization of Sat Kartar Shopping will stand at ₹125.73 Crores. The lot size for this IPO is 1,600 shares, meaning retail investors are required to invest a minimum of ₹1,29,600, while High-Net-Worth Individuals (HNIs) must invest in a minimum of 2 lots, which equals ₹2,59,200.

IPO Subscription and Grey Market Premium Trends

As of January 14, 2025, the Sat Kartar Shopping IPO has garnered significant attention, with the live subscription status showing a 316.02 times subscription. This strong demand indicates investor confidence in the company’s growth prospects.

Additionally, the Grey Market Premium (GMP) for Sat Kartar Shopping shares is showing a potential gain of ₹40, based on market sentiment and demand. The GMP is a reflection of the demand and supply in the unorganized market and is purely for educational purposes, as no real trading occurs before the listing.

Sat Kartar Shopping IPO Allotment Process

The IPO allotment date for Sat Kartar Shopping is January 15, 2025, and investors can check the allotment status on the registrar’s website. To check the allotment status, investors need to:

  • Go to the IPO allotment status page
  • Select Sat Kartar Shopping Limited IPO from the dropdown list
  • Enter their application number, PAN, or DP Client ID
  • Submit the details to get the allotment status.

Financial Performance and Future Outlook

Sat Kartar Shopping is rooted in the ancient science of Ayurveda, providing holistic well-being solutions, primarily sourced from the Charak Samhita. The company’s financial performance shows consistent growth. For the period ending on December 15, 2024, the company reported revenues of ₹10,95,526.38 Thousand, with EBITDA of ₹90,521.85 Thousand and a Profit After Tax (PAT) of ₹58,971.42 Thousand. The profit margins have shown substantial growth from previous years, indicating a positive financial trajectory.

IPO Pricing and Key Metrics

The IPO comes with a pre-issue EPS of ₹22.52 and a post-issue EPS of ₹4.00, placing the P/E ratio at 3.60x pre-issue and 20.23x post-issue. Given that the industry P/E ratio is 65x, the IPO appears to be fairly priced. The Return on Capital Employed (ROCE) and Return on Equity (ROE) are robust, standing at 91.55% and 66.84% respectively, suggesting efficient use of capital.

Based on these financials and the strong subscription demand, investors may consider Sat Kartar Shopping’s IPO as an attractive option for listing gains.

Objectives of the IPO:
Sat Kartar Shopping plans to use the funds raised from the IPO for multiple growth-oriented purposes:

  1. Acquisition Expenses: ₹50,000.00 Thousand will be allocated to acquisitions in India or abroad.
  2. Marketing and Advertisement: ₹1,10,000.00 Thousand will be spent on increasing brand awareness and marketing efforts.
  3. Capital Expenditure: ₹80,000.00 Thousand will go towards business expansion and infrastructure.
  4. Technology Investment: ₹50,000.00 Thousand will be directed towards upgrading technology.
  5. The remaining funds will be used for general corporate purposes.

Conclusion

With its solid financial performance, growing market presence, and well-priced IPO offering, Sat Kartar Shopping Limited presents itself as a compelling investment opportunity for those looking to capitalize on the growth of a company rooted in the ancient but ever-relevant science of Ayurveda. Investors seeking listing gains from this IPO can proceed with confidence, but it is advised to consider the risks involved in investing in such a growth-oriented offering.

To explore more IPO opportunities and stay updated on the latest financial news, visit Best IPO to Apply Now - IPO List 2024. For more business and IPO news, follow Top News Headlines.

The Upcoming IPOs in this week and coming weeks are  Land ImmigrationEMA PartnersStallion India and Capital Numbers.

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For more updates on executive appointments and other business developments, we encourage readers to explore related news and articles, including the latest on IPOsshare market updates, and financial strategies at:
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Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News- Finance Saathi.

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