WomenCart IPO: The Rs 9.56 crore WomenCart IPO is a fixed price offering. The 11.12 lakh shares are being issued fully anew. The IPO price of WomenCart is ₹86 per share. A minimum lot size of 1600 shares is required for an application. Retail investors are needed to invest a minimum of ₹137,600. For HNI, a minimum investment of two lots (3,200 shares) of ₹275,200 is required.
October 16, 2023 is when subscriptions for the WomenCart IPO start, and it ends on October 18, 2023. On Monday, October 23, 2023, the allotment for the WomenCart IPO is anticipated to be completed. The tentative listing date for the WomenCart IPO is Friday, October 27, 2023, and it will take place on the NSE SME.
Maashitla Securities Private Limited is the registrar for the WomenCart IPO, and Narnolia Financial Services Ltd. is the book running lead manager. Nikunj Stock Brokers is WomenCart IPO’s market maker.
WomenCart IPO Overview
| WomenCart Limited Company Overview | |
|---|---|
| Company Name | WomenCart Limited |
| IPO Opening Date | 16 October, 2023 |
| IPO Closing Date | 18 October, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 86₹ |
| Lot Size | 1600 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Fixed Price Issue |
| Total IPO Issue Size | 1,112,000 Shares |
| Fresh Issue Size | 1,112,000 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 3,096,000 |
| Share Holding Post Issue | 4,208,000 |
| More IPO’s | Check Here |
WomenCart IPO Lot Size
Investors may make a minimum offer of 1600 shares and an amount greater than that. The minimum and highest investments made by retail investors and HNI in terms of shares and money are shown in the table below.
| WomenCart Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 1600 Shares |
| Amount For Single Lot | ₹137,600 |
WomenCart IPO Time Table (Tentative)
The IPO for WomenCart starts on October , 2023, and ends on October , 2023.
| WomenCart Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 16 October, 2023 |
| IPO Ending Date | 18 October, 2023 |
| Basis Of Allotment | 23 October, 2023 |
| Initiation Of Refund | 25 October, 2023 |
| Shares Credit To Demat Account | 26 October, 2023 |
| Date Of Listing | 27 October, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 18 October, 2023 |
WomenCart IPO Reservation Details
| WomenCart Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 50% Of Net Offer |
| Shares Offered To Others | Not Less Than 50% Of Net Offer |
WomenCart Company Financials
| WomenCart Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 August, 2023 |
| Total Revenue | 764.99 |
| Assets | 879.25 |
| Profit After Tax | 54.35 |
| Net Worth | 561.08 |
| Reserves And Surplus | 251.48 |
| Debt | 169.99 |
| All Amount In ₹ Lakh | |
WomenCart Promoters Holding
| Share Holding Pre Issue | 78.01% |
| Share Holding Post Issue | 57.40% |
WomenCart Key Performance Indicators
| WomenCart Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| Market Capitalization (In Cr.) | 36.19 Cr |
| Post P/E (X) | 14.65 |
| EPS | 1.7 |
| ROE | 15.11% |
| ROCE | 17.97% |
| RoNW | 15.11% |
Is WomenCart IPO Contact Details.
| WomenCart Limited Contact Details | |
|---|---|
| Company Address | House No. 57, 3rd Floor, Block F-14, New Delhi |
| Phone | 9205577453 |
| Secretarial@womencart.com | |
| Website | https://www.womancart.in/ |
Is WomenCart IPO Good Or Bad To Buy?
The company markets men’s and women’s personal care products with a focus on digital consumers. It hasn’t performed financially well enough to justify the asking price thus far. Its comparison to Nykaa seems like a farce.
A smaller post-IPO stock base suggests a longer gestation period before mainboard migration. Increased spending suggests completely organized funds for the IPO. Investors with spare cash or knowledge may park their money for long-term gains.
What Is The Future Of WomenCart Limited Stock?
WomenCart is an online retailer that was founded in 2018 and offers a large selection of wellness goods and beauty brands for men and women’s skin, hair, and body care. Customers of the company can choose from over 100 skincare brands.
The business also operates an offline location in Delhi’s Shalimar Bagh, which launched in April 2022. The corporation founded its four subsidiaries after acquiring active internet companies that were listed on websites.
The business has also introduced its own line of cosmetic products under the names Wondercurve, Sayda Jewels, Faeezah, and Feya.
What Is The Objective Of WomenCart IPO Issue?
The main objective’s of WomenCart IPO issue are :-
- To cover the costs associated with marketing and branding.
- To cover the cost of developing an app.
- To fulfill the requirements for working capital.
- To fulfill the overarching business objectives.
- To cover the Issue’s costs.
How To Apply For WomenCart IPO?
The WomenCart IPO application form and payment can both be completed online. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. On this page, you can get more details on how to apply for an IPO online using Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When Is WomenCart IPO Allotment?
The allotment for WomenCart IPO Is October 23, 2023.