The much-anticipated IPO of Sat Kartar Shopping Limited is set to open this Friday. The price range for the shares has been fixed between Rs 77 and Rs 81,
and investors must purchase a lot of 1,600 shares, which requires a minimum investment of Rs 1,29,600.
The IPO has been receiving positive signals from the grey market, with expectations of a strong listing price.
IPO Dates and Highlights
IPO Size: The total IPO size is Rs 33.80 crore, entirely a fresh issue.
Shares Issued: The company will issue 41.73 lakh new shares.
Retail Investors: The IPO will be open for retail investors from January 10 to January 14.
Anchor Investors: Large investors can bid starting January 9, and the company aims to raise Rs 9.55 crore through this route.
Listing Date: The shares are expected to list on the NSE on January 17.
Strong Grey Market Performance
The IPO’s grey market premium (GMP) has been improving steadily, signaling strong demand.
As of today, the GMP is Rs 96, up by Rs 3 from yesterday’s Rs 93, indicating growing investor confidence.
About Sat Kartar Shopping Limited
Sat Kartar Shopping Limited specializes in Ayurveda and lifestyle products.
The company manufactures Ayurvedic medicines addressing health issues such as Shilajit, Piles, and Hair Oil, which are sold through its website and other e-commerce platforms.
This IPO offers an exciting opportunity for investors, backed by strong grey market performance and a growing demand for Ayurvedic products.
