IPO Issue Details
Issue Price / Price Band₹86 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size11,12,000 shares (aggregating up to ₹9.56 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 16 Oct 2023
Subscription CloseWed, 18 Oct 2023
Anchor AllotmentSun, 15 Oct 2023
Basis of AllotmentMon, 23 Oct 2023
Initiation of RefundsWed, 25 Oct 2023
Credit of Shares to DematThu, 26 Oct 2023
Listing DateFri, 27 Oct 2023
UPI Mandate Deadline2023-10-18
Application & Investment Details
Retail — Min (1 Lots)₹1,37,600 — 1,600 shares
Retail — Max (13 Lots)₹1,788,800 (13 Lots)
HNI — Min (2 Lots)₹2,75,200 — 3,200 shares
EPS (Pre-IPO)₹1.70
P/E Ratio (Pre-IPO)50.67x
P/E Ratio (Post-IPO)14.65x
Net Offer to Public10,56,000 shares (aggregating up to ₹9.08 Cr)
Reserved for Market Maker56,000 shares (aggregating up to ₹0.4816 Cr)
Pre-IPO Promoter Holding30,96,000 shares
Post-IPO Promoter Holding42,08,000 shares
About WomanCart Ltd.
Incorporated in 2018, WomanCart is an online retail platform catering to a wide range of beauty brands and wellness products for skin care, hair care, and body care for both men and women. The company offers more than 100 skincare brands to its consumers. The company also has an offline store in Shalimar Bagh in Delhi opened in April 2022. The company established its 4 subsidiaries which acquired running online businesses listed on an online website.The company also has launched its beauty brands such as Wondercurve, Sayda Jewels, Faeezah & Feya.The company follows a policy of quick delivery, customer satisfaction, and easy returns.The company's core strength lies in the following:Multi Channel ApproachFocus on Customer Service and satisfactionIncorporating user-generated content and reviewPartnering with social media infuencers to increase the customer baseSuperfast delivery to meet customers' expectationsThe company deploys a "Virtual Try On" AI tool to visualize the product's appearance in real life on customers
Objects of the Issue
WomanCart Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet out the expenses on Branding and Marketing
2
To meet the expenses on App Development
3
To meet out the Working Capital requirements.
4
To meet out the General Corporate Purposes;
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,96,000 shares
Post-IPO Promoter Holding
42,08,000 shares