Sat Kartar Shopping IPO 2025: IPO Details, Timeline, Lot Size
Sat Kartar Shopping IPO is a book built issue of Rs 33.80 crores. The issue is entirely a fresh issue of 41.73 lakh shares.
Sat Kartar Shopping IPO opens on 10th of January 2025 and closing will be done by 14th of January, 2025. Allotment of the Sat Kartar Shopping IPO to be confirmed by Wednesday, the 15th of January 2025, and listing would be on the NSE SME with the probable date for this listing to happen on Friday, the 17th of January 2025.
Sat Kartar Shopping IPO price band is set at ₹77 to ₹81 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,29,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,59,200.
The book running lead manager of Sat Kartar Shopping IPO is Narnolia Financial Services Ltd. While Skyline Financial Services Private Ltd acts as the registrar for the issue. Prabhat Financial Services Ltd. is the market maker for Sat Kartar Shopping IPO.
IPO Highlights
IPO Size and Structure
The Sat Kartar Shopping IPO is a book-built issue aimed at raising ₹33.80 crores. The offering consists entirely of a fresh issue of 41.73 lakh shares.
Price Band and Lot Size
The price band for the IPO is set at ₹77 to ₹81 per share, with a minimum lot size of 1,600 shares. Retail investors must invest at least ₹1,29,600, while the minimum investment for High Net-Worth Individuals (HNI) is two lots (3,200 shares) amounting to ₹2,59,200.
Listing Details
The company will list its shares on the NSE SME platform, with the tentative listing date scheduled for January 17, 2025.
Sat Kartar Shopping IPO Details
| IPO Date | January 10, 2025 to January 14, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹77 to ₹81 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 41,72,800 shares (aggregating up to ₹33.80 Cr) |
| Fresh Issue | 41,72,800 shares (aggregating up to ₹ 33.80 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,15,72,076 shares |
| Share Holding Post Issue | 1,57,44,876 shares |
| Market Maker Portion | 2,33,600 shares Prabhat Financial Services Ltd. |
Sat Kartar Shopping IPO Timeline
Sat Kartar Shopping IPO opens on January 10, 2025, and closes on January 14, 2025.
| IPO Open Date | Friday, January 10, 2025 |
| IPO Close Date | Tuesday, January 14, 2025 |
| Basis of Allotment | Wednesday, January 15, 2025 |
| Initiation of Refunds | Thursday, January 16, 2025 |
| Credit of Shares to Demat | Thursday, January 16, 2025 |
| Listing Date | Friday, January 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 14, 2025 |
Sat Kartar Shopping IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Investment Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,29,600 |
| Retail (Max) | 1 | 1600 | ₹1,29,600 |
| HNI (Min) | 2 | 3,200 | ₹2,59,200 |
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