WomanCart Limited is an Indian e-commerce company that sells beauty and wellness products for women. It was founded in 2017 by Shabnam Alam, who is the company’s current CEO. The company is headquartered in Delhi, India, and has over 100 employees. The company is planning to launch an initial public offering (IPO) on October 16, 2023. The IPO price band for WomanCart Limited is fixed at ₹86 per equity share. The company plans to raise ₹9.56 crores through the IPO. The offer will open for subscription on October 16, 2023 and close on October 18, 2023.
WomanCart Limited IPO GMP
GMP, or Grey Market Premium, is the premium that investors are willing to pay for shares of a company that is about to go public. The GMP is typically calculated by subtracting the IPO price from the current market price of the shares in the grey market.
- The grey market is an unauthorised market where shares of impending initial public offerings (IPOs) are exchanged.It is important to note that the grey market is not regulated by the Securities and Exchange Board of India (SEBI).
- The GMP for WomanCart Limited IPO is currently ₹9 per equity share. This means that investors are willing to pay a premium of ₹9 per share to get their hands on the shares before they list on the NSE SME platform.
- GMP can be used to gauge the demand for an upcoming IPO. It can also be used to estimate the listing price of the shares.
However, it is important to note that GMP is not a reliable indicator of the future performance of a company. Before investing in any IPO, investors should always conduct their own research.
- Tata Technologies IPO Date
- Techknowgreen Solutions IPO Allotment Status
- Meson Valves India IPO
- Holmarc Opto-Mechatronics IPO Allotment Status
- Jiwanram Sheoduttrai Industries IPO Allotment Status
- Jupiter Lifeline Hospitals Limited IPO Allotment Status
- Ratnaveer Precision Engineering IPO Allotment Status
- Vishnu Prakash IPO Allotment Status
- Rajmarg Yatra app
- Click to View the Finance Update
WomanCart Limited IPO Date
WomanCart Limited is planning to launch an initial public offering (IPO) on the National Stock Exchange (NSE) SME platform on October 16, 2023. The IPO price band for WomanCart Limited is fixed at ₹86 per equity share. The company plans to raise ₹9.56 crores through the IPO. The offer will be open for subscription on October 16, 2023 and close on October 18, 2023.
Should you invest in the WomanCart Limited IPO?
Whether or not you should invest in the WomanCart Limited IPO depends on your individual investment goals and risk tolerance.
If you are looking to invest in a company with strong growth potential, then WomanCart Limited IPO could be a good option for you. However, it is important to remember that all IPOs are risky, and there is no guarantee that the shares will list at a premium or continue to perform well after listing.
Key things to consider before investing in the WomanCart Limited IPO
- The company’s financial performance: WomanCart Limited has been reporting strong financial performance in recent years. The company’s revenue grew from ₹42.57 crores in FY 2022 to ₹87.50 crores in FY 2023. The company is also profitable, with a net profit of ₹5.25 crores in FY 2023.
- The company’s growth potential: The Indian e-commerce market is growing rapidly, and WomanCart Limited is well-positioned to capitalise on this growth. The company has a strong focus on the beauty and wellness segment, which is one of the fastest-growing segments in the Indian e-commerce market.
- The IPO valuation: The IPO price band of ₹86 per equity share is attractive, especially considering the company’s strong growth potential.
- The overall market conditions: The current market conditions are not favourable for IPOs. However, if the market conditions improve in the coming weeks, then the WomanCart Limited IPO could be a good investment opportunity.
Additional information on WomanCart Limited
WomanCart Limited is an e-commerce
company that sells beauty and wellness products for women. The company has a wide range of products in its portfolio, including skincare, haircare, body care, and makeup products.
- WomanCart Limited sells its products through its own website and mobile app. The company also has two physical stores in Delhi and one kiosk.
- WomanCart Limited was founded in 2017 by Ms. Shabnam Alam. The company has grown rapidly in recent years, and it is now one of the leading e-commerce players in the beauty and wellness segment in India.
- The WomanCart Limited IPO is an attractive investment opportunity for investors who are looking to invest in a company with strong growth potential. The company’s financial performance has been strong in recent years, and it is well-positioned to capitalize on the rapidly growing Indian e-commerce market.
However, it is important to remember that all IPOs are risky, and there is no guarantee that the shares will list at a premium or continue to perform well after listing. Before investing in any IPO, investors should always conduct their own research.
Visit Rajneetug2022 Homepage to get Relevant Topics.