Women Cart is set to launch an IPO which will open on October 16, 2023, and close on October 18, 2023. Through this public offer company wants to raise Rs. 09.56 Crore from the primary market, Company fixed the price band of Rs. 86 with a minimum lot of 1,600 shares, and list on October 27, according to the preliminary papers filed to the capital market regulator SEBI.
About Women Cart Company
Women Cart is an online retail platform catering to a wide range of classic and emerging branded beauty and wellness products for men and women and also deals in lifestyle brands for make-up, imitation jewelry, and lingerie. The company’s product portfolio consists of more than 10,000 from its own brand along with various national and international brands. The company has one offline store in New Delhi.
The company also has launched its own beauty brands such as SAYDA JEWELS, FAEEZAH, FEYA and etc.
Check out the IPO allotment status on IPO Deliver.
Women Cart IPO Object
The company intends to use the IPO Funds for the below-mentioned purposes:
- Expenses for branding and marketing
- Expenses for App Development
- Working capital requirement of the company.
- General corporate purposes and offer expenses.
Women Cart Strength
- Range authority in its product segments
- Focus on customer services
- Owned brand and exclusive products.
- Scalable business model
Women Cart Risk Factor
- Inability to manage and follow up the changing trends
- Failure to acquisition strategy to acquire of new customer.
- Failure to grow within the industry.
Women Cart IPO Review & Rating
| Issue Size (Rs.) | 9.56 crore |
| Issue Price (Rs.) | 86 per share |
| Minimum Lot Size | 1,600 shares |
| Market Capitalization (Rs.) | 36.19 crore |
| Total Profit (March 2023) (Rs.) | 0.47 crore |
| RoCE (%) | 15.11% |
| Debt/Equity ratio | 0.1 |
| NAV (Rs.) | 5.78 per share |
| Listing on | NSE Emerge (SME) |
| IPO Deliver Rating | Avoid |
Women Cart IPO Dates, Price Band & Details
Women Cart IPO will open on October 16, 2023, and close on October 18, 2023. The IPO list on October 27, 2023.
| Type of issue | Fixed Price IPO |
| Issue Size (Rs.) | 09.56 Crore |
| Face Value (Rs.) | 10/- per share |
| IPO Open Date | October 16, 2023 |
| IPO Close Date | October 18, 2023 |
| IPO Allotment Date | October 23, 2023 |
| Refund Date | October 25, 2023 |
| Share Credit Date | October 26, 2023 |
| Listing Date | October 27, 2023 |
Women Cart IPO Offer
Women Cart IPO total issue size is 11,12,000 shares which comprises below mentioned categories.
| Offer Category | Shares Offer | Amount (Rs.) |
| Fresh Issue | 11,12,000 | 09.56 Crore |
| Offer for Sale (OFS) | – | – |
Women Cart Financials Review (Thousand)
The following table sets forth the summary of financial information (Standalone) of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 87,409.12 | 42,337.07 | 13,510.87 |
| Net Worth | 31,112.89 | 26,411.86 | 1,637.73 |
| Profit | 4,701.03 | 2,074.03 | (1,794.16) |
| Total Borrowings | 12,214.98 | 7,993.05 | 9,227.58 |
Women Cart IPO Quantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 1.70 | 1 | (2.69) |
| RoNW (%) | 15.11 | 7.85 | (109.55) |
| NAV (Rs.) | 20.08 | 23.84 | 4.68 |
Women Cart IPO Peers Comparison (Top 2)
Comparison with the other same segment listed companies in India.
| Company Names | EPS (Rs.) | RoNW (%) | NAV (Rs.) |
| FSN E-Commerce Ventures | 0.22 | 3.71 | 5.78 |
| – | – | – | – |
Women Cart Company Promoters
As per the DRHP and RHP, the company has one Promoter.
| Serial No. | Name |
| 01. | Veena Pahwa |
Women Cart Pre-offer and Post-Offer Promoters Shareholding
| Promoter and promoter group Shareholding | Percentage (%) |
| Pre-Issue | 78.01 |
| Post- Issue | 57.40 |
.
Women Cart IPO Reservation
Women Cart IPO total reservation of 11,12,000 shares, distributed between the below-mentioned categories.
| Category | No. of Shares |
| Other- Not more than 50% of the offer size | 5,56,000 |
| RII- Not more than 50% of the offer size | 5,56,000 |
Women Cart IPO – Market Lot Size
An individual investor can apply for a minimum of 1 lot of 1,600 Shares and a maximum of 1 lot of 1,600 shares. Market lot sizes for retail investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail Minimum | 1 | 1,600 | 1,37,600 |
| Retail Maximum | 1 | 1,600 | 1,37,600 |
Women Cart IPO – Prospectus
An investor can download/view the Women Cart Limited prospectus copy, which was filed by the company to SEBI, details are as follows.
| Women Cart IPO Prospectus | Download/View Links |
| Draft Red Herring Prospectus (DRHP) | Click here |
| Red Herring Prospectus (RHP) | Click here |
Women Cart IPO Registrar
MaaShitla Securities Private Limited
Tel No.: 011-45121795
E-Mail: ipo@maashitla.com
Website: www.maashitla.com
Women Cart IPO lead manager
Narnolia Financial Services Limited
Tel No.: +91 8130678743
E-Mail: pankaj@narnolia.com
Website: www.narnolia.com
Women Cart IPO Application (How to Apply for an IPO)
There are primary four options for applying for a Women Cart IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Women Cart Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked till the allotment date and after it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Women Cart Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or get refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
Option – 4 Apply for IPO through Stock Exchanges
NSE Form – Click to download
BSE Form – Click to download
Submit the form with your bank/broker.
Women Cart Company Details
Women Cart Limited (2018)
Registered Office: House No. 57, 3rd Floor, Block F-14, Model Town, New Delhi -110009
Tel: +91-9205577453
Email: secretarial@womencart.com
Website: www.womencart.com
Investor Grievances/Compliance Officer: Nimisha Jain
Women Cart Subsidiary Companies (Top 2)
| Serial No. | Name of Companies |
| 01. | MSV Prompt Shop Pvt. Limited |
| 02. | MSV E-Commerce Pvt. Limited |
Women Cart Company Board (Top 2)
| Serial No. | Name of Directors |
| 01. | Madhusudan Pahwa |
| 02. | Veena Pahwa |
Women Cart IPO – Frequently Asked Questions (FAQ’s)
Q-1 What is Women Cart IPO?
Ans: Women Cart brings its SME IPO of Rs. 09.56 crore, on October 16, 2023, with a price band of Rs. 86 per share.
Q-2 what is Women Cart IPO Open date?
Ans: Women Cart IPO opening date is October 16, 2023.
Q-3 what is Women Cart IPO Close date?
Ans: Women Cart IPO closing date is October 18, 2023.
Q-4 What is Women Cart IPO Listing date?
Ans: Women Cart IPO listing date is October 27, 2023.
Q-5 What is Women Cart IPO Minimum investment amount?
Ans: Women Cart IPO minimum investment amount is Rs. 1,37,600.
Q-6 What is Women Cart IPO offer issue Size?
Ans: Women Cart offer an issue size of Rs. 09.56 Crores.
Q-7 What is Women Cart IPO Price Band?
Ans: Women Cart IPO price band is Rs 86 per share.
Q-8 Is Women Cart IPO mainboard IPO or SME IPO?
Ans: Women Cart IPO is the SME IPO.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.