Sat Kartar Shopping IPO fully subscribed on first day with strong retail demand
livemint.com — January 10, 2025, 07:01 AM UTC
Sat Kartar Shopping's IPO opened on January 10 and is set to close on January 14, with shares priced between ₹77 and ₹81. The company aims to raise ₹33.80 crore through this offering. On the first day, the IPO was fully subscribed, with retail investors leading the demand. The retail portion was subscribed 2.57 times, while the overall subscription rate reached 1.43 times. The grey market premium for the IPO is currently ₹25, suggesting a potential listing price of ₹106 per share, which is 30.86% higher than the upper end of the IPO price band.