Sat Kartar Shopping Limited’s shares debuted on the NSE Emerge platform at ₹153.90 per share, marking a 90% premium over its issue price, reflecting strong investor enthusiasm and market confidence.
Sat Kartar Shopping IPO received an overwhelming response on Day 3, with the issue being subscribed 316.02 times. This exceptional demand highlights strong investor interest and confidence in the company’s prospects, ensuring a highly successful conclusion to its subscription phase.
Also Read: Steel stock hits 20% upper circuit after its net profits increase by 68.32% YoY
Sat Kartar Shopping Limited, established in June 2012, offers Ayurveda-based therapeutic and lifestyle products addressing health issues like addiction, diabetes, and joint pain. Expanding into wellness categories, it promotes holistic living through its website, e-commerce platforms, and apps.
Also Read: Infra stock jumps 8% after it receives order worth ₹1,087 Cr from Gorakhpur Development Authority
Sat Kartar Shopping Limited’s IPO aims to fund acquisitions (₹5 crore), marketing (₹1.1 crore), capital expenditure (₹8 crore), technology investments (₹50 crore), and general corporate purposes, enhancing growth, operational efficiency, and market position in Ayurveda healthcare.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.