Saraswati Saree Depot Limited IPO Overview: Saraswati Saree Depot Limited is a Kolhapur-based manufacturer and wholesaler of sarees and women’s apparel. Saraswati Saree Depot Limited IPO is going to open to the public on August 12, 2024 and it will open until August 14, 2024. The share allotment date of the Saraswati Saree Depot Ltd IPO is August 16, 2024 and the listing date is August 20, 2024. The price band of the Positron Energy IPO is set at ₹152 to ₹160 per share.
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Saraswati Saree Depot IPO Details
| IPO Date | August 12, 2024 to August 14, 2024 |
| Listing Date | Tuesday, August 20, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹152 to ₹160 per share |
| Lot Size | 90 Shares |
| Total Issue Size | 10,000,800 shares (aggregating up to ₹160.01 Cr) |
| Fresh Issue | 6,499,800 shares (aggregating up to ₹104.00 Cr) |
| Offer for Sale | 3,501,000 shares of ₹10 (aggregating up to ₹56.02 Cr) |
| Overall Subscription | 107.39x |
| Issue Type | Book-Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 33,100,000 |
| Share holding post issue | 39,599,800 |
Saraswati Saree Depot Dates: All Important Dates
All the important dates regarding the Saraswati Saree Depot Limited IPO are mentioned below. Mark them on your calendar so you don’t miss any events. Saraswati Saree Depot Limited IPO’s opening date is Monday, August 12, 2024 and the offer will close on Wednesday, August 14, 2024. Saraswati Saree IPO’s allotment date is on Friday, August 16, 2024 and the listing date is on Tuesday, August 20, 2024
| IPO Open Date | Monday, August 12, 2024 |
| IPO Close Date | Wednesday, August 14, 2024 |
| Basis of Allotment | Friday, August 16, 2024 |
| Initiation of Refunds | Monday, August 19, 2024 |
| Credit of Shares to Demat | Monday, August 19, 2024 |
| Listing Date | Tuesday, August 20, 2024 |
Saraswati Saree Depot IPO GMP For Today
According to the overall subscription rate, the last updated Grey Market Premium (GMP) for the Saraswati Saree Depot Limited IPO is ₹52. The following table displays the trend of the Saraswati Saree Depot IPO GMP over the past few days.
Saraswati Saree Depot IPO listed at premium of ₹52.
| GMP Date | IPO Price | GMP Price |
| August 20, 2024 | ₹152-₹160 | ₹52 |
| August 19, 2024 | ₹152-₹160 | ₹92 |
| August 18, 2024 | ₹152-₹160 | ₹93 |
| August 17, 2024 | ₹152-₹160 | ₹93 |
| August 16, 2024 | ₹152-₹160 | ₹87 |
| August 15, 2024 | ₹152-₹160 | ₹53 |
| August 14, 2024 | ₹152-₹160 | ₹53 |
| August 13, 2024 | ₹152-₹160 | ₹46 |
| August 12, 2024 | ₹152-₹160 | ₹46 |
| August 11, 2024 | ₹152-₹160 | ₹77 |
| August 10, 2024 | ₹152 to ₹160 | ₹77 |
| August 9, 2024 | ₹152 to ₹160 | ₹76 |
Saraswati Saree Depot IPO Subscription
Saraswati Saree Depot Limited IPO Overall Subscription is 107.39 times.
- QIB – 64.12x
- NII – 358.47x
- Retail- 61.59x
- Total – 107.30x
Saraswati Saree Depot IPO Lot Size
Saraswati Saree IPO offers a minimum of 90 shares per lot. Retail investors can apply for a minimum of 1 lot and a maximum of 13 lots, while high-net-worth individuals (HNIs) can apply for a minimum of 14 lots and a maximum of 70 lots.
The below table represents the future of minimum and maximum investment for retail investors and HNI concerning shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹14,400 |
| Retail (Max) | 13 | 1170 | ₹187,200 |
| S-HNI (Min) | 14 | 1,260 | ₹201,600 |
| S-HNI (Max) | 69 | 6,210 | ₹993,600 |
| B-HNI (Min) | 70 | 6,300 | ₹1,008,000 |
Saraswati Saree Depot IPO Quota Offers
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Saraswati Saree Depot IPO Promoter Holding Patterns
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 0% |
Saraswati Saree Depot Limited Financial
| Particulars | FY 2023 to 2024 | FY 2022 to 2023 | FY 2021 to 2022 |
| Assets | ₹205.94 crore | ₹189 crore | ₹170 crore |
| Revenue | ₹612.58 crore | ₹603.52 crore | ₹550.31 crore |
| Profit After Tax | ₹29.53 crore | ₹23 crore | ₹12.31 crore |
| Net Worth | ₹64.91 crore | ₹35.38 crore | ₹12.41 crore |
| Total Borrowing | ₹43.49 crore | ₹41.43 crore | ₹66.62 crore |
Saraswati Saree Depot Limited Contact Details
Sr No. 144/1 Manademala,
Near Tawade Hotel, Gandhinagar Road,
Uchagaon, Kolhapur, Pin code: 416005
Phone: +919271009858
Email: [email protected]
FAQs
1. What is the Saraswati Saree Depot Limited IPO’s GMP price?
The current GMP price of the Saraswati Saree Depot IPO is ₹52.
2. On which exchange will the Saraswati Saree Depot Ltd. IPO be listed?
Saraswati Saree Depot IPO’s shares are to be listed on the NSE and BSE.
3. When is the allotment date for the Saraswati Saree Depot Limited IPO?
The allotment date of Saraswati Saree DepotLtd.’s IPO is August 16, 2024.
4. What are the opening and closing dates of the Saraswati Saree Depot IPO?
Saraswati Saree Depot IPO will open on August 12, 2024 & close on August 14, 2024.
5. When is the listing date for the Saraswati Saree Depot IPO?
Saraswati Saree Depot IPO’s listing date is August 20, 2024.
Conclusion
Saraswati Saree Depot Limited is a Kolhapur-based manufacturer and wholesaler of sarees and women’s apparel. It has more than 900 suppliers across different states in India. The current company financials show that the Saraswati Saree Depot IPO will receive high interest from investors.
To get more information and regular updates on the Saraswati Saree Depot Limited IPO, keep in touch with The Invest Advisory.