{"id":46092,"date":"2025-01-08T11:19:41","date_gmt":"2025-01-08T05:49:41","guid":{"rendered":"https:\/\/prevalentindia.in\/index.php\/2025\/01\/08\/sat-kartar-shopping-limited-ipo-opens-on-january-10-2025\/"},"modified":"2025-01-08T11:19:41","modified_gmt":"2025-01-08T05:49:41","slug":"sat-kartar-shopping-limited-ipo-opens-on-january-10-2025","status":"publish","type":"post","link":"https:\/\/prevalentindia.in\/index.php\/2025\/01\/08\/sat-kartar-shopping-limited-ipo-opens-on-january-10-2025\/","title":{"rendered":"Sat Kartar Shopping Limited IPO Opens On January 10, 2025"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], January 08:<\/strong> <\/span>Sat Kartar Shopping Limited specializes in Ayurvedic products that support natural wellness and address diverse health needs for men and women,\u00a0proposes\u00a0to open its Initial Public Offering on\u00a0January\u00a010, 2025\u00a0aiming to raise\u00a0\u20b9\u00a033.80\u00a0Crore,\u00a0with shares\u00a0to be listed on the\u00a0NSE Emerge\u00a0platform.<\/p>\n

The issue size is\u00a041,72,800 equity shares\u00a0of face value of\u00a0\u20b9\u00a010 each\u00a0with\u00a0an issue\u00a0price band of\u00a0\u20b9\u00a077-\u00a0\u20b9\u00a081\u00a0Per Share.<\/p>\n

Equity Share Allocation<\/strong><\/p>\n

\u2022\u00a0QIB Anchor Portion\u00a0\u2013\u00a0Upto\u00a011,79,200\u00a0Equity Shares<\/p>\n

\u2022\u00a0Qualified Institutional Buyer \u2013\u00a0Upto\u00a07,88,800 Equity Shares<\/p>\n

\u2022\u00a0Non-Institutional Investors \u2013\u00a0Not Less Than 5,92,000Equity Shares<\/p>\n

\u2022\u00a0Retail Individual Investors \u2013\u00a0Not Less Than\u00a013,79,200Equity Shares<\/p>\n

\u2022\u00a0Market Maker \u2013\u00a02,33,600\u00a0Equity Shares<\/p>\n

The net proceeds from the IPO will be utilized to meet the expenses of an unidentified acquisition (in India or abroad), marketing and advertising expenses, capital expenditures, expenditure on investment in technology, general corporate purposes.\u00a0The anchor bidding will open on\u00a0January\u00a009, 2025, the issue opening date will be\u00a0January\u00a010, 2025\u00a0and the issue will close on\u00a0January\u00a014, 2025.<\/p>\n

The Book Running Lead Manager to the Issue is\u00a0NarnoliaFinancial Services Limited\u00a0and\u00a0the Registrar to the Issue isSkyline Financial Services Private Limited.<\/p>\n

Mr.\u00a0Manprit\u00a0Singh Chadha,\u00a0Promoter\u00a0of\u00a0Sat Kartar Shopping Limited\u00a0expressed,\u00a0\u201cWe are delighted to take this next step in the journey of company, driving our vision of holistic wellness through Ayurveda.<\/p>\n

This IPO will enable us to accelerate our growth plans, including strategic acquisitions, enhancing our marketing and technological capabilities, and further strengthening our presence in the wellness market.\u00a0We believe that this IPO will empower us to achieve even greater milestones as we continue to innovate and lead in the Ayurvedic wellness sector.\u201d<\/p>\n

<\/a>Mr. Vipin Aggarwal, Director, Merchant Banking Division at\u00a0Narnolia\u00a0Financial Services Limited\u00a0said,\u00a0\u201cThe Ayurvedic wellness industry is experiencing remarkable growth,\u00a0fueled\u00a0by an increasing shift towards natural and holistic health solutions.\u00a0The company, with its wide-ranging product portfolio and a multi-channel distribution strategy, is well-placed to capitalize on this expanding market. The company\u2019s focus on quality, innovation, and promoting wellness through Ayurveda positions it for sustained growth.<\/p>\n

This IPO is a key milestone in the company\u2019s journey to further expand its market presence, invest in technology, and introduce new products that cater to evolving consumer needs, ultimately contributing to the broader wellness industry.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], January 08: Sat Kartar Shopping Limited specializes in Ayurvedic products that support natural wellness and<\/p>\n","protected":false},"author":1,"featured_media":46093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[575],"class_list":["post-46092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts\/46092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=46092"}],"version-history":[{"count":0,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts\/46092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/media\/46093"}],"wp:attachment":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=46092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=46092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=46092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}