1.Womancart Ltd IPO.
The IPO for WomenCart Limited is scheduled to take place from October 16 until October 18, 2023. On its online shopping platform, the company serves both men and women by selling a wide variety of beauty brands and wellness goods for the hair, body, and skin. A new offering of 1,112,000 shares worth Rs.9.56 Crore is included in the IPO. The share distribution date is October 23 and the initial public offering (IPO) will list on stock exchanges on October 27. The lot size is 1600 shares, and the price range is 86 per share.
About Womancart Ltd.
WomanCart Limited was founded in 2018 and serves both men and women on its online retail platform with a wide variety of beauty brands and wellness goods for the hair, body, and skin. The company’s portal lists over 100 skincare brands. In addition, WomenCart offers its own beauty products, such as Wondercurve, Sayda Jewels, and Faeezah & Feya.
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2.Objectives of Womancart Ltd IPO.
– The capital raised from IPO will used in corporation general purposes and public issue Expenses.
–The capital raised from the IPO will be used for branding and marketing costs and app development costs.
3.Womancart Ltd IPO Details/Information.
1.OPEN DATE : 16-OCT-2023 2.CLOSE DATE : 18 -OCT-2023 3.IPO SIZE : Rs.9.56 CRORE 4.LOT SIZE : 1600
5.IPO PRICE RANGE : RS.86 6.LISTING EXCHANGE : NSE SME 7.MIN INVESTMENT : Rs.137600
8.BASIS OF ALLOTMENT: 23-OCT-2023 7.REFUND : 25-OCT-2023 8.CREDIT TO DEMAT ACCOUNT : 26-OCT-2023
9.LISTED DATE : 27-OCT-2023
4. Womancart Ltd IPO Financials.
Particulars ( in crore.) | FY23 | FY22 | FY21 |
Revenue | 8.74 | 4.23 | 1.35 |
EBITDA | 0.77 | 0.32 | -0.10 |
PAT | 0.47 | 0.20 | -0.18 |
Total Asset | 5.15 | 3.85 | 1.35 |
Share Capital | 1.10 | 1.10 | 0.35 |
Total Borrowings | 2.03 | 1.21 | 1.18 |
5.Strengths of Womancart Ltd IPO.
1. The company has a wide selection of goods.
2. The company uses an special strategy to sell products both offline and online.
3. Pay attention to client service.
4. The business has its own brands and they have free shipping services with genuine products.
6.Risks of Womancart Ltd IPO.
1 .A greater need for working capital.
2. The market is quite competitive and fragmented.
3. The business has previously recorded losses.
4. Previous negative cash flows.
5. Adapting industry standards and evolving technologies have an impact on the retail e-commerce market.
DISCAMER
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