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Saraswati Saree IPO Price, issue Date, Lot Size, GMP Detail

Saraswati Saree IPO Price, issue Date, Lot Size, GMP Detail

Saraswati Saree Depot IPO Will available for subscription on 12 August.

Established in 1996, Saraswati Saree Depot Limited specializes in the manufacturing and wholesale distribution of women’s clothing. The core focus of the company lies in the wholesale (B2B) sector of sarees, while it also engages in the wholesale trade of various other women’s garments, including kurtis, dress materials, blouse pieces, lehengas, and bottoms.

The company consistently procures sarees and additional women’s apparel from over 900 weavers and suppliers located in various states across India. Presently, the product catalog features more than 300,000 distinct SKUs. The company primarily markets its products in the southern and western regions of India, particularly in Maharashtra, Goa, Karnataka, and Tamil Nadu, having catered to over 13,000 unique customers in the fiscal year 2024. The offerings in the company’s stores are organized by occasion, fabric, weave, and ornamentation, with saree sales accounting for over 90 percent of total revenue.

Saraswati Saree IPO Price

Saraswati Saree Depot IPO Price range is under Rs 152 to Rs 160. Saraswati Saree Depot IPO Price is not too high. Retailer can buy this IPO on cutt of price is Rs 160.

Saraswati Saree Depot IPO Date

Saraswati Saree Depot IPO Opening date is 12 August 2024 and will close on 14 August 2024. Saraswati Saree Depot IPO Allotment will be starts from 16 August and Refund Will be credited in your Demat account on 19 August 2024. Saraswati Saree Depot IPO Listing date is 20 August 2024.

Saraswati Saree Depot IPO Lot size

Saraswati Saree Depot IPO Lot size is 90 Shares. Retailer can buy Minumum 90 share, which means Reailer have to invest around Rs 14400 and maximum 1170Shares.

Saraswati Saree Depot IPO Detail

Issue size10,000,800 shares
IPO PriceRs 152 to Rs 160
IPO Date12 Aug to 14 Aug
LOT size90
Allotment Date19 Aug
Listing Date20 Aug

Saraswati Saree Depot IPO Financial Detail

Saraswati Saree Depot IPO GMP

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