Saraswati Saree Depot IPO GMP Today, Saraswati Saree Depot IPO Grey Market Premium Updates | Saraswati Saree Depot IPO, Latest target, Opening gain
Incorporated in 1996, Saraswati Saree Depot Limited is engaged in manufacturing and wholesale women’s apparel.
The company’s primary business is the sarees wholesale (B2B) segment, apart from that it is also engaged in the wholesale business of other women’s apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.
Saraswati Saree Depot IPO Details:
| Issuer | Saraswati Saree Depot IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 12 August 2024 | |
| Issue Closes: 14 August 2024 | ||
| Price Brand | ₹152 to ₹160 per share | |
| Issue Size | ₹160.01 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 90 Shares | |
| Retail (Max) | ₹1,87,200 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 10,000,800 shares | |
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Saraswati Saree Depot IPO GMP Rates day by day
Saraswati Saree Depot IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 90 | ₹14,400 |
| Retail (Max) | 13 | 1,170 | ₹1,87,200 |
| S-HNI (Min) | 14 | 1,260 | ₹2,01,600 |
| S-HNI (Max) | 69 | 6,210 | ₹9,93,600 |
| B-HNI (Min) | 70 | 6,300 | ₹1,008,000 |
Saraswati Saree Depot IPO Date, Allotment & Listing:
| Saraswati Saree Depot IPO Opening Date: | AUGUST 12, 2024 |
| Saraswati Saree Depot IPO Closing Date: | AUGUST 14, 2024 |
| Basis of Allotment: | AUGUST 16, 2024 |
| Initiation of Refunds: | AUGUST 19, 2024 |
| Credit to Demat Account: | AUGUST 19, 2024 |
| Listing Date: | AUGUST 20, 2024 |
Saraswati Saree Depot Limited Financial Information (Restated)
Saraswati Saree Depot Limited’s revenue increased by 9.67% and profit after tax (PAT) rose by 86.66% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 188.85 | 169.93 |
| Revenue | 603.52 | 550.31 |
| Profit After Tax | 22.97 | 12.31 |
| Net Worth | 35.38 | 12.41 |
| Reserves and Surplus | ||
| Total Borrowing | 41.43 | 66.62 |
| Amount in ₹ Crore | ||
Key Performance Indicator
The market capitalization of Saraswati Saree Depot IPO is Rs 633.6 Cr.
KPI as of March 31, 2023.
| KPI | Values |
|---|---|
| ROE | 96.15% |
| ROCE | 98.03% |
| Debt/Equity | 1.17 |
| RoNW | 64.93% |
| P/BV | 14.97 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.94 | 5.8 |
| P/E (x) | 23.05 | 27.58 |
Objects of the Issue (Saraswati Saree Depot IPO Objectives)
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding working capital requirements of the company.
- General corporate purposes.
SARASWATI SAREE DEPOT IPO ALLOTMENT STATUS
How to Apply for Saraswati Saree Depot IPO?
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How to Apply Saraswati Saree Depot IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Saraswati Saree Depot”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Saraswati Saree Depot IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Saraswati Saree Depot”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Saraswati Saree Depot IPO is a main-board initial public offering of 10,000,800 Equity shares of the face value of ₹10 aggregating up to ₹160.01 Crores. The issue price of the IPO is ₹152 to ₹160 Per Equity Share. The minimum order quantity is 90 Shares per application and the offer type is Book Built Issue. The IPO opens on August 12, 2024 and closes on August 14, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Saraswati Saree Depot IPO opens on August 12, 2024 and closes on August 14, 2024.
You can apply in Saraswati Saree Depot IPO online using either UPI or ASBA as payment method. Unistone Capital Pvt Ltd is the book running lead manager of the Saraswati Saree Depot IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
The finalization of Basis of Allotment for Saraswati Saree Depot IPO will be done on August 16, 2024, and the allotted shares will be credited to your demat account by August 19, 2024. Check the Saraswati Saree Depot IPO allotment status.
The Saraswati Saree Depot IPO listing date is not yet announced. The tentative date of Saraswati Saree Depot IPO listing is August 20, 2024.
Saraswati Saree Depot IPO lot size is 90 Shares and the minimum order quantity is 1 Shares.