Sat Kartar Shopping Ltd, an Ayurveda healthcare company, is launching its Initial Public Offering (IPO) on the NSE SME platform. Here are the key details:

IPO Details:

• Issue Period: January 10 to January 14, 2025.
• Issue Size: ₹33.8 crore.
• Price Band: ₹77 to ₹81 per equity share.
• Lot Size: 1,600 shares, requiring a minimum investment of ₹129,600.
• Listing Date: Expected on January 17, 2025, on the NSE SME platform.

Subscription Details:

As of January 10, 2025, the IPO was subscribed 3.24 times:

• Non-Institutional Investors (NIIs): Subscribed 1.46 times.
• Retail Individual Investors (RIIs): Subscribed 5.89 times.

Allotment and Listing:

• Allotment Finalization: January 15, 2025.
• Initiation of Refunds: January 16, 2025.
• Shares Credited to Demat Accounts: By January 16, 2025.
• Listing Date: January 17, 2025.

Company Overview:

Sat Kartar Shopping Ltd is an Ayurveda healthcare company committed to providing natural wellness solutions. The company integrates traditional Ayurvedic knowledge with modern research to offer holistic, natural remedies and lifestyle products. Their products are sold directly to consumers through their website, third-party e-commerce platforms, television marketing, and digital platforms like Google and Meta.

Financial Highlights:

• Revenue (FY 2024): ₹127.9 crore, a 54.16% increase from ₹82.96 crore in FY 2023.
• Profit After Tax (FY 2024): ₹6.3 crore, a 151.6% increase from ₹2.5 crore in FY 2023.

Utilization of Funds:

Proceeds from the IPO are planned for:

• Unidentified Acquisition: In India or abroad.
• Marketing and Advertisement Expenses.
• Capital Expenditure.
• Investment in Technology.
• General Corporate Purposes.
• Issue Expenses.

For more detailed information, you may refer to the official prospectus and financial reports of Sat Kartar Shopping Ltd.