WomanCart Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹30(34.88%)
Premium (ELP)
WomanCart Limited's successfully transitioned to public market status with its listing on NSE on Oct 27, 2023. The IPO mobilized 11,12,000 Shares in cumulative capital, including 11,12,000 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹86 to ₹86, with minimum investment lots of 1600 shares. subscription activity between Oct 16, 2023 and Oct 18, 2023 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Oct 20, 2023, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2018, WomanCart is an online retail platform offering a diverse range of beauty and wellness products for skincare, haircare, and body care for both men and women. The platform features over 100 skincare brands and also operates an offline store in Shalimar Bagh, Delhi, which was launched in April 2022. The company has expanded through four subsidiaries, acquiring existing online businesses to strengthen its market presence. Additionally, it has introduced its own beauty brands, including Wondercurve, Sayda Jewels, Faeezah, and Feya. WomanCart’s core strengths include: Omnichannel approach, combining online and offline retail. Customer-focused services, including quick delivery, easy returns, and high satisfaction. User-generated content and reviews to enhance customer trust. Influencer partnerships to expand brand reach. Superfast delivery to meet customer expectations. "Virtual Try-On" AI tool, allowing users to visualize products in real-time before purchase. With a strong digital presence and innovative shopping experience, WomanCart continues to grow as a preferred beauty and wellness destination.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mrs. Veena Pahwa
WomanCart Limited
Maashitla Securities Private Limited