Sat Kartar Shopping IPO opens on January 10 - Latest IPO GMP, Dates, Lot Size & Share Price

Team Finance Saathi

    07/Jan/2025

What's covered under the Article:

  1. Sat Kartar Shopping IPO Overview: Learn about the IPO size, pricing, and market capitalization.
  2. IPO Subscription and GMP: Get the latest updates on subscription and market outlook.
  3. Financial Analysis and IPO Valuation: Deep dive into the company's financial performance and valuation.

Sat Kartar is a company devoted to offering Ayurvedic solutions to address a wide range of health challenges faced by modern society. By leveraging natural remedies rooted in Ayurveda, particularly those from the Charak Samhita, Sat Kartar aims to promote holistic well-being and offer solutions for contemporary lifestyle problems.

IPO Details

Sat Kartar Shopping is raising ₹33.80 Crores through a Book Built Issue, with a Fresh Issue of 41.72 Lakh shares. The subscription period for the IPO opens on January 10, 2025 and closes on January 14, 2025. The allotment is expected to be finalized on January 15, 2025, with a tentative listing date of January 17, 2025 on the NSE SME.

The price band for the IPO is set at ₹77 to ₹81 per share. At the upper price of ₹81 per share, the market capitalization of Sat Kartar Shopping will be ₹125.73 Crores. The lot size is 1,600 shares, meaning retail investors need to invest a minimum of ₹1,29,600. For High-net-worth individuals (HNIs), the minimum investment is 2 lots (3,200 shares), totaling ₹2,59,200.

Subscription and Grey Market Premium

As of January 07, 2025, the Grey Market Premium (GMP) for Sat Kartar Shopping IPO is ₹0, indicating no current premium or demand in the grey market. This reflects a cautious outlook, suggesting a neutral sentiment regarding the IPO's potential listing performance.

Financial Performance and Key Metrics

For the period ending December 15, 2024, Sat Kartar Shopping reported revenues of ₹10,95,526.38 Thousand with consistent growth across fiscal years. The EBITDA for the same period was ₹90,521.85 Thousand, and the Profit after Tax (PAT) stood at ₹58,971.42 Thousand.

Key financial metrics include:

  • Pre-issue EPS: ₹22.52
  • Post-issue EPS: ₹4.00
  • Pre-issue P/E ratio: 3.60x
  • Post-issue P/E ratio: 20.23x, compared to the industry P/E ratio of 65x
  • ROCE (Return on Capital Employed): 91.55% for FY24
  • ROE (Return on Equity): 66.84% for FY24

These performance indicators suggest that the IPO is fairly priced, but the significant decrease in post-issue EPS and increase in the P/E ratio may indicate reduced potential for immediate listing gains.

Should You Apply for Sat Kartar Shopping IPO?

Given the neutral GMP and the higher post-issue P/E ratio, the Sat Kartar Shopping IPO does not show clear potential for listing gains, especially when compared to industry standards. With a high P/E ratio and the lack of a premium in the grey market, this IPO might not appeal to investors seeking short-term returns.

For risk-averse investors, it is recommended to avoid this IPO. If you are looking for more secure and potentially profitable IPO options, we suggest exploring other investment avenues.

The Upcoming IPOs in this week and coming weeks are Sat Kartar Shopping,Barflex Polyfilms.

The Current active IPO are   Indobell InsulationStandard Glass LiningQuadrant FutureCapital Infra Trust, Delta AutocorpAvax ApparelsB R GoyalFabtech Technologies.

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:
Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi
Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News- Finance Saathi.

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