Saraswati Saree IPO
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 GMP
Saraswati Saree IPO GMP and Saraswati Saree IPO GMP Grey market premium for today is above 32% and Rs 52.
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