WomenCart IPO

WomenCart IPO will open for subscription from 16 October 2023. The company aims for an issue size of ₹9.56 Cr through this IPO.

Company Overview

Full nameWomenCart Limited
Company Websitehttps://www.womancart.in/

About Company

Incorporated in 2018, Womancart is primarily a digital consumer-centric retail platform, providing a wide range of classic and emerging branded beauty and wellness products for skin care, body care, hair care, and fragrance for both men and women in the comfort of home. It also sells lifestyle brands for make-up, imitation jewelry, and lingerie, it also runs brick-and-mortar stores where customers can visit, make purchases, and interact with the brand.

Its product portfolio consists of approximately 10,000 SKUs from its own brand along with various national & international brands. Womancart established its 4 subsidiaries which acquired running online businesses. In FY 2022-23, the company also launched its own beauty brands such as Wondercurve, Sayda Jewels, Faeezah & Feya. As of 31 August 2023, Womancart has cumulative page views of 18,55,819 on its websites. The company’s offline channel comprises 2 physical stores in Delhi and 1 kiosk.

The Objectives of the Issue

  • To meet the expenses of Branding and Marketing.
  • To meet the expenses of App Development.
  • To meet the Working Capital requirements.
  • To meet the General Corporate Purposes.
  • To meet the Issue Expenses.

WomenCart IPO Timetable

IPO Opening date16 October 2023
IPO Closing18 October 2023
Basis of Allotment23 October 2023
Initiation Refund25 October 2023
Credit to Demat Account26 October 2023
Listing Date27 October 2023
(Cut-off time for UPI mandate confirmation – 5 PM on October 18, 2023)

WomenCart IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹9.56 Cr – 1,112,000 shares
Fresh Issue₹9.56 Cr – 1,112,000 shares
Offer for saleNil
Face value₹10 per share
Offer Price₹86 per share
Lot size1600 Shares
Market Maker portion56,000 shares
Shareholding pre-issue3,096,000
Shareholding post-issue4,208,000
Listing ExchangeNSE SME

WomenCart IPO Lot Size

Retail (Min)11600₹137,600
Retail (Max)11600₹137,600
HNI (Min)23,200₹275,200

WomenCart IPO Reservation Details

Other Shares Offered50%
Retail Shares Offered50%

WomenCart Financial Performance

 FY 20235M FY 2024
Net income50.61103.20
(Amount in ₹ Lakhs)

WomenCart Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio**50.59
RONW (%)**(109.55)7.8515.11
ROCE (%)19.21
EBITDA (%)8.77

WomenCart Promoters

  • Mrs. Veena Pahwa

Promoter Holding

Pre Issue Share Holding78.01%
Post Issue Share Holding57.40%

WomenCart IPO Lead Manager(s)

201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email: pankaj.passi@narnolia.com
Website: www.narnolia.com

WomenCart Registrar

451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone: 011-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com

WomenCart Contact Details

House No. 57, 3rd Floor, Block F-14,
Model Town, New Delhi- 110009, India
Phone: +91-9205577453
E-mail: secretarial@womancart.in
Website: www.womancart.in

WomenCart IPO Allotment Status

Womancart IPO allotment status will be available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.

Final thoughts

WomenCart IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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