Excellent result published by the company. We can expect upward movement hereafter. As they have plan to open two branded outlets internationally and expand their business in north India initially, we can invest for long term.I have hope on this script.
We wish to inform you that, we have entered into an Memorandum of Understanding with an artist (Ms. Kishwer Merchant) and media studio for undertaking advertisement in various forum of media.
Going to be listed in bit positive inspite of good subscription figures. GMP was/is showing good. But not a good sector for investment, I think so. I was negative from the beginning and was avoid for me. Had not applied. Allotment was tough. For investors applied and got allotment is going to get something. All the best to allotees.
@Kumarji: I see you have recently created your chittorgarh account and posted three updates. All of them are negative to Womancart. I personally visited womancart store. It was decent similar like other beauty stores ( Similar like health & Glow store). There main focus on e-commerce rather than physical stores. Ex: Firstcry stores Vs Online site incomes. I'm not supporting or opposing womancart IPO. But, If they properly focus on growth it has strong potential. I believe you heard company called "The Honest Company" woman beauty products which was started in 100sft within 2 years. It reached a revenue of 1 billion USD. Flipkart,Mobikwik, free charge ....many e-commerce started very small.. now, you know what's value.
I didn't got allotment. The way kumarji is spreading negativity without a strong negative point made me to post it. He is not a regular member or reviewed all SME's. Simply started negative posts. Ask him to post about fundamentals of about promoters history or business scope to grow.
57.3. Not Smart| Link| Bookmark|
October 24, 2023 7:11:56 PM
Top Contributor (300+ Posts, 200+ Likes)
I do agree with you, may be a biased opinion. Let us wait for 2-3 days
57.4. Not Smart| Link| Bookmark|
October 27, 2023 11:32:33 AM
Top Contributor (300+ Posts, 200+ Likes)
👍Your analysis proved correct, sold @ upper circuit and booked profit of 59K😀
@KRavi rightly said. we all are noticing kumarji's negativity news. Looks he is underestimating common women's mindset. I believe womancart can surprise the investors.