The grey market premium (GMP) is the price at which an IPO is traded in an unofficial/unregulated grey market prior to its listing. The GMP reflects how a particular company’s IPO issue might react on the day of listing. Sat Kartar Shopping IPO is to open on January 10. Sat Kartar Shopping is a SME IPO to raise ₹33.80 crores via IPO. The Sat Kartar Shopping IPO price band is fixed at ₹77 to ₹81 with a market lot of 1,600 Shares.
Sat Kartar Shopping Limited is a renowned Aryuvedic Healthcare company offering natural wellness solutions for specific therapeutic areas and general lifestyle products. The company’s portfolio consists of a wide range of products such as Addiction Killer which helps people to stop their addiction, Liv Muztang, Kama Gold, Ayush 82 Aadved, Ortho Veda oil, Dr Piles Free, etc, and many more. Not only this, the company also decided to expand its portfolio by adding numerous healthcare-related products to help with issues such as slimming, hair care, gut health, PCOD (Poly Cystic Ovary Disease), and mental wellness. The company sells its products through its own website, third-party e-commerce platforms, marketing, and through Google and Meta Applications. In FY23-2024, the company generated an operating profit of 10.27 crores respectively.