What you must know about WomanCart IPO?
by 5paisa Research Team
11 Oct 2023
Listing Details
- Listing Exchange NSE SME
- Listing Date 27-Oct-23
- IPO Price Range ₹ 86
- Listing Price ₹ 117
- Listing Change 36.0%
- Last Traded Price ₹ 130.05
- Current Change 51.2%
WomanCart IPO Details
- Open Date 16-Oct-23
- Close Date 18-Oct-23
- Lot Size 1600
- IPO Size ₹ 9.56 Cr
- IPO Price Range ₹ 86
- Min Investment ₹ 137600
- Listing Exchange NSE SME
- Basis of Allotment 23-Oct-23
- Refunds 25-Oct-23
- Credit to Demat Account 26-Oct-23
- Listing Date 27-Oct-23
WomanCart IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 16-Oct-23 | - | 1.67 | 8.39 | 5.03 |
| 17-Oct-23 | - | 6.32 | 22.35 | 15.34 |
| 18-Oct-23 | - | 56.30 | 71.94 | 67.48 |
WomanCart IPO Synopsis
WomenCart Limited IPO is all set to open from 16th October to 18th October 2023. The company operates as a retail a diverse range of beauty brands and wellness products related to hair care, body care, and skin care catering to both men and women on its online retail platform. The IPO includes a fresh issue of 1,112,000 shares worth ₹9.56 cr. The share allotment date is 23rd October, and the IPO will be listed on 27th October, on the stock exchanges. The price band is ₹86 per share and the lot size is 1600 shares.
Narnolia Financial Services Ltd is the book-running lead manager for this IPO, while Maashitla Securities Private Limited is the registrar.
Objectives of WomenCart IPO:
WomenCart plans to utilize the raised capital from the IPO to:
● For expenses related to branding and marketing.
● For expenses related to app development.
● For working capital requirements.
● General corporate purpose.
● For public issue expenses.
About WomanCart
Established in 2018, WomenCart Limited operates as a retail a diverse range of beauty brands and wellness products related to hair care, body care, and skin care catering to both men and women on its online retail platform. There are 100+ skincare brands listed on the company’s platform. WomenCart also has its own beauty line including Wondercurve, Sayda Jewels, Faeezah & Feya.
WomenCart opened an offline store in April 2022 to have an offline presence in Shalimar Bagh, Delhi. Additionally, it has 4 established subsidiaries.
Peer Comparison
● Akanksha Power and Infrastructure Limited
● FSN E-Commerce Ventures Ltd(Nykaa)
For More Information:
Webstory on WomenCart IPO
WomenCart IPO GMP
WomanCart Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | 8.74 | 4.23 | 1.35 |
| EBITDA | 0.77 | 0.32 | -0.10 |
| PAT | 0.47 | 0.20 | -0.18 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 5.15 | 3.85 | 1.35 |
| Share Capital | 1.10 | 1.10 | 0.35 |
| Total Borrowings | 2.03 | 1.21 | 1.18 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 0.42 | 0.015 | -0.94 |
| Net cash from / (used in) investing activities | -0.68 | -0.21 | -0.038 |
| Net cash flow from / (used in) financing activities | 0.46 | 0.53 | 1.09 |
| Net increase (decrease) in cash and cash equivalents | 0.19 | 0.33 | 0.11 |
WomanCart IPO Key Points
-
Strengths
1. The company offers a diverse range of products.
2. It has an Omni channel approach- selling both offline and online.
3. Focus on customer service.
4. The company has its own brands.
-
Risks
1. The company has reported losses in the past.
2. Negative cash flows in the past.
3. Higher working capital requirements.
4. The industry is highly fragmented and competitive.
5. The retail e-commerce market is influenced by changing technologies and adapting industry standards for the future.
WomanCart
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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WomanCart IPO FAQs
What is the minimum lot size and investment required for the WomenCart IPO?
The minimum lot size of WomenCart IPO is 1600 shares and the investment required is ₹1,37,600.
What is the price band of WomenCart IPO?
The price for WomenCart IPO is ₹86 per share.
When does the WomenCart IPO opens and closes?
WomenCart IPO opens from 16th October to 18th October 2023.
What is the size of the WomenCart IPO?
The WomenCart IPO size is ₹9.56 cr.
What is the allotment date of the WomenCart IPO?
The share allotment date of WomenCart IPO is 23rd October 2023.
What is the WomenCart IPO listing date?
The WomenCart IPO will be listed on 27th October 2023.
Who are the book runners for the WomenCart IPO?
Narnolia Financial Services Ltd is the book-running lead manager for WomenCart IPO.
What is the objective of WomenCart IPO?
WomenCart plans to utilize the raised capital from the IPO to:
1. For expenses related to branding and marketing.
2. For expenses related to app development.
3. For working capital requirements.
4. General corporate purpose.
5. For public issue expenses.
How to apply for the WomenCart IPO?
To apply for WomenCart IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the WomenCart IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
Contact Details of WomanCart IPO
Contact Information
WomenCart Limited
House No. 57,
3rd Floor, Block F-14
Model Town, New Delhi- 110009
Phone: +919205577453
Email: secretarial@womencart.com
Website: https://www.womancart.in/
WomanCart IPO Register
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
WomanCart IPO Lead Manager
Narnolia Financial Services Ltd
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