๐ŸŒฟ Sat Kartar Shopping IPO Details ๐ŸŒฟ
IPO Overview:
๐Ÿ“… Issue Opens: January 10, 2025
๐Ÿ“… Issue Closes: January 14, 2025
๐Ÿ“Š Equity Shares: 41,72,800
๐Ÿ’ธ Price Band: โ‚น77 – โ‚น81 per share
๐Ÿ’ผ Face Value: โ‚น10 per share
๐Ÿ“ˆ SME Platform Listing: NSE
๐Ÿ› Lead Manager: Narnolia Financial Services
๐Ÿ“‹ Compliance Officer: Himanshu Malik
๐ŸŒฑ Company Profile: Sat Kartar Shopping ๐ŸŒฑ
  • Sat Kartar Shopping is a dedicated Ayurveda healthcare company providing natural wellness solutions. It combines traditional Ayurvedic knowledge with modern research, focusing on:
  • Therapeutic products ๐Ÿงด
  • Lifestyle products ๐ŸŒฟ
  • Direct-to-Consumer (D2C) sales via its website, third-party e-commerce platforms, TV marketing, and digital applications ๐Ÿ“ฑ.
Special Features:
  • Contract Manufacturing Model: Focus on innovation, branding, marketing, and distribution.
  • In-house R&D Team: Led by BAMS Doctors for high-quality formulations.
  • Asset-light Business Model: Ensures flexibility and reduced risk.
๐Ÿ“ˆ Industry Overview ๐Ÿ“ˆ
  • India’s Health and Wellness Market ๐ŸŒ: Expected to grow at a CAGR of 5% from 2024-2032.
  • Medical Tourism ๐Ÿฅ: Estimated to reach $14.31 Billion by 2029.
  • Ayurvedic Products Market ๐ŸŒฟ: Valued at $7.65 Billion in 2023, with a CAGR of 18.4% through 2029.
  • Online Sales Channel ๐Ÿ›’: Plays a pivotal role in expanding access to Ayurvedic products.
๐ŸŒŸ Pros & Strengths ๐ŸŒŸ
  • PAN India Presence ๐ŸŒ: Significant revenue from key states like Tamil Nadu, Uttar Pradesh, Karnataka, and Andhra Pradesh.
  • Asset-light Model ๐Ÿ’ผ: Enables focus on core activities and reduces risk.
  • In-house R&D ๐Ÿงช: Ensures high-quality formulations.
โš  Risks & Concerns โš 
  • First-generation Entrepreneurs ๐Ÿ‘จโ€๐Ÿ’ผ: Limited experience in scaling operations.
  • Supplier Dependence ๐Ÿญ: Heavy reliance on top 10 suppliers (99% of finished goods).
  • Geographic Revenue Concentration ๐Ÿ“: Major revenue from top 5 states, exposing the company to regional risks
๐Ÿ’ก Outlook ๐Ÿ’ก
  • Sat Kartar Shopping is well-positioned to capitalize on the growing demand for natural wellness products. The company’s direct-to-consumer approach and expansion into diverse health issues like slimming, hair care, gut health, PCOD, and mental wellness aim to broaden its customer base.
  • With the IPO proceeds, the company plans to:
  • Pursue acquisitions ๐Ÿ“ˆ
  • Invest in marketing ๐Ÿ“ฃ
  • Enhance technology ๐Ÿ’ป
  • Address capital expenditure ๐Ÿ’ฐ
  • Fulfill general corporate purposes ๐Ÿข
๐Ÿ“Š Financial Performance ๐Ÿ“Š
Revenue Growth ๐Ÿ“ˆ: โ‚น12,79,093.27 thousand in FY 2023-2024 (up 54.16% from FY 2022-23).
Profit Growth ๐Ÿ’ฐ: โ‚น63,054.96 thousand in FY 2023-2024 (up 151.60% from FY 2022-23).
Sat Kartar Shopping’s strategic focus on product diversification and consumer demand-driven offerings positions it as a promising player in the booming Ayurveda healthcare market. ๐ŸŒŸ

 

Here see the DRHP ( Draft Red Herring Prospectus) Report of Sat Kartar

 

Sat Kartar DRHP Report

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