Womancart Ltd Company Summary

Womancart Limited was originally incorporated as a Private Limited Company in the name and style of Womancart Private Limited, on July 04, 2018. Subsequently, the Company was converted into Public Limited Company and name of the Company was changed to Womancart Limited pursuant to a fresh Certificate of Incorporation dated May 31, 2023 was issued by Registrar of Companies, Delhi. Company is engaged in both online and offline sale of womens lifestyle products, offering a wide portfolio including ethnic wear, western wear, cosmetics, fashion accessories, and home dcor.

The store has been run by Mrs. Veena Pahwa, the Promoter since 2015 and Company took over the business from Promoter effective April 01, 2020. Thereafter, the Company started its operations in FY 2019-20 with an offline grocery store- The Family Store at Paschim Vihar, New Delhi.

It added beauty and wellness products in this store over a period of time. It discontinued the operations of this store from July 2021, which now is used as a warehouse. In July 2021, it launched website womancart.com and started selling online various beauty and wellness products.

Their first offline store was launched in Shalimar Bagh, Delhi in April 2022. In FY 2022-23, it launched brands like Wondercurve, Sayda Jewels, Faeezah & Feya; further launched the second store in Model Town, Delhi along with a Kiosk in Pacific Mall, Pitampura, Delhi. The Company incorporated its 4 subsidiaries in the second half of FY 2022-23, which took over running online businesses listings on online website.

The 5th subsidiary M/s Varadda Overseas Private Limited shareholding was taken over from promoters during same period.On October 6, 2023 Company came up with initial public offering of 11,12,000 equity shares of Rs 10 each and raised Rs 9.56 crore through fresh issue.In FY 2024-25, Company expanded online platform with improved user interface, personalized recommendations, and faster delivery logistics. It increased offline presence through new exclusive brand outlets and tie-ups with multi brand stores across the cities and expanded the business to overseas market like Australia, Europe and the Middle East.