The shares of Sat Kartar Shopping made a spectacular debut on Friday, January 17, when they listed on the NSE SME at ₹153.90, a huge 90 percent premium over the issue price of ₹81. Between January 10 and January 14, subscriptions for Sat Kartar Shopping’s ₹33.80 crore SME IPO were accepted. The price range for each equity share for the IPO was set at ₹77–81.
The Sat Kartar Shopping IPO ended with exceptional demand after three days of bidding, receiving 332.78 times bids. Out of the 27.77 lakh shares available, 92.43 crore shares were bid on during the IPO. While the non-institutional investor (NII) category was subscribed to 808.3 times, the retail investor sector was booked 250.35 times. In the meantime, over the three days of bidding, the Qualified Institutional Buyers quota was bid 124.75 times.
Sat Kartar Shopping IPO Details
The Sat Kartar Shopping IPO is a Rs 33.80 crore book-built offering. This is a brand-new 41.73 lakh share offering. Bidding for Sat Kartar Shopping’s initial public offering (IPO) began on January 10, 2025, and finished on January 14, 2025. On Wednesday, January 15, 2025, the allocation for the Sat Kartar Shopping IPO was finalized. On January 17, 2025, the shares were listed on the NSE SME. The pricing range for the Sat Kartar Shopping IPO is ₹77 to ₹81 per share. An application must have a minimum lot size of 1600. Retail investors are needed to invest a minimum of ₹1,29,600. For HNI, the minimum lot size investment is two lots (3,200 shares), or ₹2,59,200.
About the Company – Sat Kartar Shopping
Sat Kartar Shopping Limited, one of the top Ayurvedic healthcare companies, was founded in June 2012 and specializes in offering general lifestyle items and natural wellness solutions for particular therapeutic areas. They provide ancient ayurveda knowledge to encourage customers to choose better options since they believe in promoting a healthy lifestyle. The company’s products include Addiction Killer, which aids in addiction cessation, Liv Muztang, Kama Gold, Ayush 82 Aadved, Ortho Veda oil, Dr. Piles Free, and others.
