The unlisted shares of Sat Kartar Shopping Limited are currently trading at Rs 141 per share on the gray market, up from the IPO issue price of Rs 81. 60 rupees or 74.07% more. This indicates a strong listing on January 17.
Sat Kartar Shopping IPO Allotment Status
Sat Kartar Shopping IPO Allotment Status: The allotment of Satkartar Shopping IPO will be finalized on Wednesday. Once allotted, investors will receive a bank debit message in the evening. They can also check the IPO allotment status on the NSE website as well as on the portal of registrar Skyline Financial Services Pvt Ltd. The latest GMP currently stands at 74.07%, indicating a strong listing for investors.
The Sat Kartar Shopping IPO will be listed on the NSE Emerge platform on Friday, January 17.
The initial public offer of Sat Kartar Shopping Limited, which was opened between January 10 and January 14, was subscribed 332.78 times. The retail category received an overall subscription of 250.35 times, while the NII (non-institutional investors) segment received a subscription of 808.3 times. Its QIB (Qualified Institutional Buyer) category is oversubscribed 124.75 times.
The price band of the NSE SME IPO was fixed at Rs 77 to Rs 81 per piece.
Once allotted, investors will receive bank debit messages in the evening. Investors can check the IPO allotment status on the websites of BSE and NSE as well as on the portal of registrar Skyline Financial Services Pvt Ltd.
Sat Kartar Shopping IPO: How to Check Allotment Status Online?
IPO allotment status can be checked online by following these steps:
Step 1: Registrar Go to the portal of Skyline Financial Services Pvt Ltd. https://www.skylinerta.com/display_ipo_rightissue_allotment.php.
Step 2: Under ‘Company Name’, select ‘Sat Kartar Shopping Limited’.
Step 3: Enter ‘DPID/Client ID/Folio’ or CAN number, or Permanent Account Number (PAN).
Step 4: Then, click on the ‘Submit’ button.
The status of your share request will be displayed on your screen.
On NSE website:
1) Visit NSE official website via URL —https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
2) Under ‘Select Symbol’, select the company name ‘Sat Kartar Shopping’.
3) Enter your Application Number, or Permanent Account Number (PAN).
4) Then, click on ‘Submit’ button.
The status of your share request will be displayed on your screen.
Sat Kartar Shopping IPO GMP today
According to market observers, the unlisted shares of Sat Kartar Shopping Ltd are currently trading at Rs 141 per share in the gray market, up by Rs 60 or 74.07 per cent from the IPO price of Rs 81. This indicates a strong listing on January. 17.
GMP is based on market sentiment and changes. The ‘grey market premium’ indicates the willingness of investors to pay more than the issue price.
Sat Kartar Shopping IPO: More Details
The Sat Kartar Shopping IPO is a fresh issue of 41.73 lakh shares in total. The price band of the IPO has been fixed at Rs 77 to Rs 81 per share.
Bidding for Sat Kartar Shopping IPO was opened for subscription on January 10, 2025 and will close on January 14, 2025. The allotment for the Sat Kartar Shopping IPO is expected to be finalized on Wednesday, January 15, 2025. Sat Kartar Shopping IPO listed on NSE SME with provisional listing date fixed as Friday, January 17, 2025.
Minimum lot size for application is 1,600. The minimum investment amount for retail investors is Rs 1,29,600. Minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to Rs.2,59,200.
Narnolia Financial Services Ltd is the book-running lead manager of the Sat Kartar Shopping IPO, while Skyline Financial Services Pvt Ltd is the registrar for the issue. The market maker for the Sat Kartar Shopping IPO is Prabhat Financial Services Limited.