Open Date
12 Aug 2024
Close Date
14 Aug 2024
Listing Date
20 Aug 2024
Max Investment
₹1,87,200
Price Range
₹160 - ₹160
Lot Size
90
IPO Size
₹160.01Cr
Exchange Symbols
Saraswati Saree Depot Ltd IPO
₹14,400
/ 90
Cutoff - Lot Size
IPO Dates and Timelines
IPO Size
IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
-
-
QIB Shares Offered
50,00,400
50.0%
NII (HNI) Shares Offered
15,00,120
15.0%
Retails Shares Offered
35,00,280
35.0%
Total Shares Offered
1,00,00,800
-
Total Shares with Anchor Investor
-
100%
IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
1
90
₹14,400
Retail (Max)
13
1170
₹1,87,200
S-HNI (Min)
14
1260
₹2,01,600
S-HNI (Max)
69
6210
₹9,93,600
B-HNI (Min)
70
6300
₹10,08,000
IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
100.00%
-
Public Group
0.00%
-
IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
IPO Peers
IPO Strengths & Risks
Strength
Risks
Diversified supplier and customer base.
Diverse product portfolio.
Bulk buying capabilities.
Experienced Promoters and strong management team.
The company's business is highly concentrated on the sale of women's sarees and is vulnerable to variations in demand. Any changes in consumer preference could have an adverse effect on its business, results of operations and financial condition.IPO Registrars
Bigshare Services Pvt Ltd
Phone Number:
91-22-62638200
Email ID:
Website:
www.bigshareonline.com
Limited
Saraswati Saree Depot Limited is a key player in sarees wholesale (B2B) segment and its origin into the sarees business dates back to the year 1966. The Company is engaged in the trading of women's apparel including sarees, kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. on a B2B basis. The Company is also engaged in the wholesale business of other women's apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. On an average of more than 90% of its total revenues are generated from sale of sarees. In Fiscal 2024, the company has served over 13,000 unique customers and its product catalogue consists of more than 3,00,000 different SKUs.
Contact Details
IPO Company Name:
Limited
Phone Number:
+91 92710 09858
Email ID:
Website:
www.saraswatisareedepot.com
Address:
Kolhapur, Maharashtra
IPO Overview
: IPO Dates
The IPO opens for subscription on 12 Aug 2024, and closes on 14 Aug 2024. Investors will likely receive their allotment status updates on 16 Aug 2024. Those who get allotted shares can expect them credited to their Demat accounts by 19 Aug 2024. The shares will be officially listed on the stock exchange on 20 Aug 2024.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹160.0 and ₹160.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹104.0 crore and an offer for sale valued at ₹ 56.01 crore. The exact listing price will be revealed on 20 Aug 2024, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.
How to Apply for IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for ?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 12 Aug 2024.
What is the close date of IPO?
- The closing date of IPO is 14 Aug 2024.
What is the issue size of IPO?
- The issue size of IPO is Rs Cr.
What is the lot size of IPO?
- The size per lot of IPO is 90.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 16 Aug 2024.
What is the listing date of IPO?
- IPO will get listed on .
Who is the registrar of IPO?
- The registrar of IPO is Bigshare Services Pvt Ltd .
Open FREE
3-in-1 Account
for all your banking, trading and demat needs
Trade in stocks,
derivatives and F&O
