Womancart Ltd Share Price – NSE

E-Commerce/App based Aggregator, Small Cap

Womancart will hold a meeting of the Board of Directors of the Company on 9 May 2024.

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Womancart announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 26 April 2024 .

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Womancart will hold a meeting of the Board of Directors of the Company on 14 November 2023.

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The scrip was listed at Rs 117, up 36.05% over the initial public offer (IPO) price. The stock was currently frozen at an upper limit of 5% from its listing price.

The counter hit a high of Rs 122.85 and a low of Rs 117. About 5.02 lakh shares of the company changed hands at the counter.

WomanCart's IPO was subscribed 60.94 times. The issue opened for bidding on 16 October 2023 and it closed on 18 October 2023. The price band of the IPO was fixed at Rs 86 per share.

The issue size comprised of fresh issue of 11.12 lakh equity shares, aggregating upto Rs 9.59 crore. The promoter and promoter group shareholding diluted to 57.4% post IPO from 78.01% pre-IPO.

The company intends to utilize the funds to meet the expenses on branding and marketing; working capital requirements; general corporate purposes and remaining balance to meet the issue expenses.

WomanCart is an online retail platform catering to a wide range of beauty brands and wellness products for skin care, hair care, and body care for both men and women.

The company recorded revenue from operations of Rs 9.64 crore and net profit of Rs 0.50 crore for the period as on 31 March 2023.

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