IPO

Saraswati Saree Depot Ltd. IPO

Saraswati Saree Depot Ltd., established in 2021, operates in the Retail - Apparel/Accessories sector. The company's IPO opened on August 12, 2024 and closed on August 14, 2024, with an issue price of ... Read more

Min Investment
₹ 14,400 / 90 shares
Price Range
₹152 - ₹ 160
Bidding Dates
12 Aug '24 - 14 Aug '24
Total Issue Value
160.01 Cr
Lot Size
90
Total Issue Size
160.01 Cr
Listing At
BSE, NSE
Subscription
109.97 times
BSE Price
128.80 (-19.5%)
NSE Price
127.76 (-20.15%)

IPO Timeline

  • 12 Aug 2024
    Bidding Starts
  • 14 Aug 2024
    Bidding Ends
  • 16 Aug 2024
    Allotment Finalization
  • 20 Aug 2024
    Listing

About Saraswati Saree Depot Ltd.

We are a key player in sarees wholesale (B2B) segment  and our origin into the sarees business dates back to the year 1966. Our Company is engaged in the trading of women's apparel including sarees, kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. on a B2B basis. We are also ... Read more

Parent organisation
Founded
Saraswati Saree Depot Ltd.
2021

Saraswati Saree Depot Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 30,00,240 (30%)
Non Institutional Investors 15,00,120 (15%)
Qualified Institutional Buyers (QIBs) 20,00,160 (20%)
Retail Individual Investors (RIIs) 35,00,280 (35%)

Saraswati Saree Depot Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2023 603.52 Cr 22.97 Cr 35.28 Cr
31 Mar 2022 550.31 Cr 12.31 Cr 12.31 Cr
31 Mar 2021 0 0 0

Saraswati Saree Depot Ltd. Background

Major Events And Milestones
  • 1993
    Started partnership firm under the name and style of “M/s. Saraswati Sarees Depot”
  • 2002
    The firm organized the first annual promotional event “Utsav”
  • 2015
    Crossed turnover of ?3,000 million
    Inaugurated Kolhapur Store spanning over 169,120 sq. ft.
  • 2017
    Expanded the product range by including ready made garment i.e.“Kurtis”
  • 2018
    Crossed turnover of ?4,000 million
  • 2021
    Incorporated as Private Limited Company
    Opened Ulhasnagar Store
  • 2022
    Crossed turnover of ?5,000 million
  • 2023
    Converted from private limited to public company
    Crossed turnover of ?6,000 million
    Admitted as a partner of Saraswati Saree Depot, Ahmednagar
Saraswati Saree Depot Ltd. Object of Issues

1. Funding working capital requirements of our Company
2. General corporate purposes

Saraswati Saree Depot Ltd. IPO Listing Details
Listing Date
20 Aug 2024
BSE Script Code
SARASAREE
NSE Symbol
SARASSAREE
ISIN
INE0PQ101010
Final Issue Price
₹ 160
Saraswati Saree Depot Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 160.00 ₹ 160.00
Open ₹ 200.00 ₹ 194.00
Low ₹ 190.00 ₹ 186.00
High ₹ 209.95 ₹ 203.70
Last Trade ₹ 209.95 ₹ 203.70
Saraswati Saree Depot Ltd. Company Promoters

1. Shankar Dulhani
2. Mahesh Dulhani
3. Rajesh Dulhani
4. Vinod Dulhani

Industry Overview

The apparel industry comprises companies that design and sell clothes. Within this, the readymade garments or apparel segment includes shirts, trousers, T-shirts and jeans. It also comprises ethnic wear, such as kurtas, salwar kameez, lehengas and sarees.

Indian apparels players employ ... Read more

Saraswati Saree Depot Ltd. Contact Details
Address: Sr No.144/1 Manademala, Near Tawade Hotel, Gandhinagar Road, Uchagaon, Kolhapur Maharashtra - 416005
Phone no:9271009858
9271009858
|
Saraswati Saree Depot Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Saraswati Saree Depot Ltd. IPO Lead Manager(s)
Unistone Capital Pvt. Ltd.
A/305, Dynasty Business Park, Andheri Kurla Road, Andheri East, Mumbai Maharashtra - 400059
46046494

FAQs

When does Saraswati Saree Depot Ltd. IPO opens and closes?

Saraswati Saree Depot Ltd. IPO opens from 12th August to 14th August 2024.

What is the size of Saraswati Saree Depot Ltd. IPO?

The size of the Saraswati Saree Depot Ltd. IPO is ₹160.01 Cr.

What is the price range of Saraswati Saree Depot Ltd. IPO?

The price range of Saraswati Saree Depot Ltd. IPO is at ₹152 to ₹160 per share.

What is the minimum investment and lot size required for the Saraswati Saree Depot Ltd. IPO?

The minimum investment required is ₹14,400 and minimum lot size is 90 shares.

When is Saraswati Saree Depot Ltd. IPO listing date?

The Saraswati Saree Depot Ltd. IPO will be listed on 20th August 2024.

What is the objective of Saraswati Saree Depot Ltd. IPO?

1. Funding working capital requirements of our Company
2. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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