WomenCart was incorporated on July 4, 2018. It offers an extensive range of classic and emerging beauty and wellness products, covering skin care, body care, hair care, and fragrances for both men and women, all conveniently delivered to their homes.
| Bidding Dates |
|---|
| 16 Oct 2023 - 18 Oct 2023 |
| Subscription |
|---|
| 60.94x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,37,600 | 1 | 1 | 1600 | 1.1 M | ₹86 | 73.57 % | ₹95.6 M | RHP DOC |
Womancart IPO SUBSCRIPTION STATUS
18 Oct '23Womancart IPO overall subscription rate was 60.94 times the total available shares
Womancart IPO retail subscription rate was 68.32 times in the retail segment
Womancart IPO non-institutional investor subscription rate was 53.57 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
18 Oct 2023 (Day 4) | 68.32x | 53.57x | - |
17 Oct 2023 (Day 3) | 20.84x | 6.06x | - |
16 Oct 2023 (Day 2) | 7.65x | 1.56x | - |
16 Oct 2023 (Day 1) | 1.5x | 0.14x | - |
Womancart FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| 5MFY24 | 10.3 | 84.7 | -22.6 | -25.3 | 11.7% |
| FY23 | 5.1 | 96.4 | 4.8 | -1.3 | 8.8% |
Womancart IPO SUBSCRIPTION STATUS DETAILS
Womancart had 1.1 M shares on offer
Womancart IPO offer price was ₹86
Womancart IPO minimum Investment was ₹137600
Womancart IPO issue size was ₹ 95.6 M
Womancart had a minimum lot size of 1600 Shares per application
Womancart NUMBER OF SHARES ON OFFER
Womancart IPO IMPORTANT DATES
| Issue Open Date | 16 Oct 2023 |
| Issue close Date | 18 Oct 2023 |
| Allotment Date | 23 Oct 2023 |
| Refund Date | 25 Oct 2023 |
| Demat Account Credit Date | 26 Oct 2023 |
| Listing Date | 27 Oct 2023 |
| Listing on Exchange(s) | NSE |
| Womancart Allotment Status | Exchange |
Womancart IPO subscription opened on 16 Oct 2023, and closed on 18 Oct 2023
IPO allotment for Womancart was finalized on Monday, 23 Oct 2023
IPO listing for Womancart was on NSE on Friday, 27 Oct 2023
Womancart IPO LISTING GAINS
| Issue Price (adjusted) | 86.0 |
| Listing Open Price | 117.0 |
| Listing Close Price | 122.8 |
| Listing Gain% | 36.0% |
| Current Gain% | 10.3% |
Womancart Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Womancart Ltd. | 94.9 | 39.9 | 11.3 | -0.2 | 0.3 | 6.9 | 4.3 | 135.5 | 124.9 | 6.9 | -3.8 | 8.4 | -50.7 |
| Eternal Ltd. | 315 | 303986 | 702 | 15.7 | 4.5 | 1.2 | 0.9 | 55760 | 161.5 | 366 | -30.6 | 0.4 | 44.8 |
| FSN E-Commerce Ventures Ltd. | 332 | 95081.1 | 371.2 | 1.7 | 8.9 | 13.9 | 4.3 | 10055.1 | 26.1 | 199.4 | 201.8 | 0.9 | 221.1 |
| Meesho Ltd. | 191.4 | 88472 | -73.7 | 6.4 | -31 | -17.2 | 13099.1 | 32.3 | -1357.7 | 65.6 | -2.6 | ||
| Info Edge (India) Ltd. | 1225.3 | 79451 | 54.8 | 1.1 | 24.2 | 3.8 | 3 | 4343.3 | 10.7 | 1449.8 | 50.7 | 22.4 | 50.7 |
| Swiggy Ltd. | 280.8 | 77495.8 | -20.7 | 16.9 | 3.1 | -22.7 | -16.4 | 23561 | 50.8 | -4154 | -33.3 | -13.6 | -1.2 |
Womancart INFORMATION ON IPO ISSUE
About Womancart
WomenCart was incorporated on July 4, 2018. It offers an extensive range of classic and emerging beauty and wellness products, covering skin care, body care, hair care, and fragrances for both men and women, all conveniently delivered to their homes.
Object of the Issue
- To meet the expenses of branding and marketing
- To meet the expenses of app development
- To meet working capital requirements
- To meet general corporate purposes
- To meet issue expenses
Womancart - PROMOTERS
| Name |
|---|
| Veena Pahwa |
Womancart Lead Manager to the Issue
Narnolia Financial Services Limited
pankaj.passi@narnolia.com
Womancart Registrar to the issue
Maashitla Securities Private Limited
ipo@maashitla.com
Womancart Strengths
Product portfolio
The company boasts brands that offer unique and exclusive products, and it holds a commanding presence in its product segments
Omni channel
The company adopts an omnichannel business approach, operating both offline and online. Additionally, it places a strong emphasis on customer service
Womancart Risks
Short operating history
The company's brief operating history makes it challenging to assess its business performance and forecast future prospects
Negative financials
The company has experienced negative cash flows from both its operating and investing activities. Furthermore, it reported a loss in one of the past three financial years
IPO FAQs
The promoter of the company is Veena Pahwa.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 86.0 - 86.0.
The IPO application opens on Oct 16, 2023 and closes on Oct 18, 2023.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 137,600.0, the maximum value for this IPO is Rs 137,600.0.
This IPO will be allotted on Oct 23, 2023.
The refund will be credited to your account on Oct 25, 2023.
The allotted shares will be credited to your demat on Oct 26, 2023.
Womancart Ltd.’s shares listed on the stock exchanges on Oct 27, 2023.