Sat Kartar Shopping Limited IPO opens on January 10, 2025
Aims to raise Rs 33.80 Crore, with shares to be listed on the NSE Emerge platform.
The issue size is 41,72,800 equity shares of face value of Rs 10 each with an issue price band of Rs 77- Rs 81 Per Share.
Equity Share Allocation
* QIB Anchor Portion – Upto 11,79,200 Equity Shares
* Qualified Institutional Buyer – Upto 7,88,800 Equity Shares
* Non-Institutional Investors – Not Less Than 5,92,000Equity Shares
* Retail Individual Investors – Not Less Than 13,79,200Equity Shares
* Market Maker – 2,33,600 Equity Shares
The net proceeds from the IPO will be utilised to meet the expenses of an unidentified acquisition (in India or abroad), marketing and advertising expenses, capital expenditures, expenditure on investment in technology, general corporate purposes. The anchor bidding will open on January 09, 2025, the issue opening date will be January 10, 2025 and the issue will close on January 14, 2025.
The Book Running Lead Manager to the Issue is Narnolia Financial Services Limited and the Registrar to the Issue is Skyline Financial Services Private Limited.
