The wholesale women’s apparel company Saraswati Saree Depot IPO will be hit the market August 12, 2024 and closes on August 14, 2024. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹160.02 crore through IPO. The company will issue fresh shares of ₹104crores through this IPO and will issue shares through offer for sale of ₹56.01 crores.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Saraswati Saree Depot Limited is engaged in the wholesale business of other women’s apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. The company is determined to not only expand its operations, but also to lead the charge in the growth of the industry as a whole, and promote the oldest and most experienced weavers of India.
The Company firmly believes in the ideals that it was built on, and is ready to surge to new heights in the next decade. You can check Saraswati Saree Depot IPO GMP here.
| Read also: Upcoming IPO List 2024 |
The company sarees are sourced from different manufacturers across India. Over the years, we have developed relationships with these manufacturers in hubs like Surat, Varanasi, Mau, Madurai, Dharmavaram, Kolkata, and Bengaluru.
The company regularly sources sarees and other women’s apparel from more than 900 weavers/suppliers across different states in India. Currently, our product catalog lists more than 300,000 different SKUs. You can check Saraswati Saree Depot IPO subscription status here.
Object Of the Issue :
- Funding working capital requirements of our Company.
- General corporate purposes.
Company Strengths :
- Diversified supplier and customer base.
- Diverse product portfolio.
- Bulk buying capabilities.
- Experienced Promoters and strong management team.
- Existing client and supplier relationships.
- Collaborative and experienced workforce.
Saraswati Saree Depot IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹29.53Cr ₹160 /EQ 8.92 17.94x 58.88 % 45.49 % 64.46 % 0.67 ₹19.61 ₹105.95 Cr ₹633.60 Cr 100.00 % 74.75 % |
| Team Review : | ✔ Apply For Long Term |
👉 Saraswati Saree Depot IPO Show Review ….👈
- ■ The company is an unique business model of organized saree sales as a wholesaler.
- ■ The company top line & bottom line posted strong growth.
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is fully priced based on the PE Ratio but the company growth line is clear.
- ■ Based on FY24 the issue appears fully priced, Investors can bid the long-term investing.
Saraswati Saree Depot IPO Date & Price Band & Details :
| IPO Open : | August 12, 2024 |
| IPO Close : | Auguts 14, 2024 |
| Issue Type : | Book Built Issue |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹152 – ₹160 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹160.01 Cr {10,000,800 Shares} |
| Fresh Issue : | ₹104.00 Cr {6,499,800 Shares} |
| Offer For Sale : | ₹56.01 Cr {3,501,000 Shares} |
Saraswati Saree Depot IPO Market Lot :
Saraswati Saree Depot IPO Minimum Market lot is 1 Lot with 90 shares with ₹14,400 Application amount. The retail investors can apply up to 13 lots with 1170 Shares or ₹187,200 amounts.
| Application | Lot | Shares | Amount Cr |
| Retail Minimum : | 1 | 90 | ₹14,400 |
| Retail Maximum : | 13 | 1170 | ₹187,200 |
| S-HNI Minimum : | 14 | 1260 | ₹201,600 |
| S-HNI Maximum : | 69 | 6210 | ₹993,600 |
| B- HNI Minimum : | 70 | 6300 | ₹1008,000 |
Saraswati Saree Depot IPO Reservation :
| Category | Reservation | Shares | Amount Cr |
| QIB : | 50% | 5,000,400 | ₹80.00 |
| NII : | 15% | 1500120 | ₹24.00 |
| RII : | 35% | 3500280 | ₹56.01 |
| Total : | 100% | 10,000,8000 | ₹160.01 |
Saraswati Saree Depot IPO EPS & RoNW :
| Year | EPS (₹) | RoNW % | NAV (₹) |
| 2024 | 8.92 | 45.49 | 19.61 |
| 2023 | 6.94 | 64.93 | 10.69 |
| 2022 | 3.72 | 99.20 | 3.75 |
Saraswati Saree Depot IPO Peer Comparison PE :
| Company | PE Ratio |
| Go Fashion | 71.80 |
| Sai Silks (Kalamandir) Limited | 21.34 |
Saraswati Saree Depot IPO Dates :
| Open Date : | August 12, 2024 |
| Close Date : | August 14, 2024 |
| Allotment Date : | August 16, 2024 |
| Refund Date : | August 19, 2024 |
| Share Credit Date : | August 19, 2024 |
| Listing Date : | August 20, 2024 |
Saraswati Saree Depot IPO Form :
There are two ways to apply in Saraswati Saree Depot IPO. You can apply for Saraswati Saree Depot IPO through ASBA available in your bank account. You have to go to your online bank login select Saraswati Saree Depot IPO in the Invest section and apply through your bank account. Another option is to apply for Saraswati Saree Depot IPO through an IPO form downloaded through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Saraswati Saree Depot Company Financial Report (Crore) :
| Year | Revenue (₹) | Expense (₹) | PAT (₹) |
| 2024 | 612.58 | 573.93 | 29.53 |
| 2023 | 603.52 | 572.65 | 22.97 |
| 2022 | 550.31 | 533.82 | 12.31 |
Company Promoters :
■ Shankar Dulhani
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Saraswati Saree Depot IPO Lead Managers :
■ Unistone Capital Pvt Ltd
Saraswati Saree Depot IPO Registrar :
Bigshare Services Private Limited
Office No. S6-2, 6th floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road, Andheri
East, Mumbai-400093
Telephone: +91 22-6263 8200
Facsimile: +91 22-6263 8299
Email: [email protected]
Investor grievance email: [email protected]
Website: www.bigshareonline.com
Note: Check Saraswati Saree Depot IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Saraswati Saree Depot Limited
Sr No.144/1 Manademala,
Near Tawade Hotel, Gandhinagar Road,
Uchagaon, Kolhapur – 416005
Phone: +919271009858
Email: [email protected]
Website: https://www.saraswatisareedepot.com/
Saraswati Saree Depot IPO FAQs :
What is Saraswati Saree Depot IPO?
Saraswati Saree Depot IPO is a Mainboard IPO. They are going to raise ₹160.01 Crores via IPO. The issue is priced at ₹152-₹160 per equity share. The IPO is to be listed on NSE, and BSE.
When Saraswati Saree Depot IPO will open?
The IPO is to open on August 12, to August 14, 2024 for QIB, NII & RII.
What is Saraswati Saree Depot IPO Size?
Saraswati Saree Depot’s IPO size is ₹160.01 Crores.
What is the Fresh issue size of Saraswati Saree Depot IPO?
The Fresh issue size of Saraswati Saree Depot IPO ₹104.00 Cr.
What is the Offer For Sale size of Saraswati Saree Depot IPO?
The Offer For Sale size of Saraswati Saree Depot IPO ₹56.01 Cr.
What is the Saraswati Saree Depot IPO Minimum and Maximum Lot Size?
The minimum of 90 Shares with ₹14,400 amount while the maximum of 1170 shares with ₹187,200.
What is the Saraswati Saree Depot IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, and RII 35%.
What is the Saraswati Saree Depot IPO Allotment Date?
Saraswati Saree Depot IPO allotment date is August 16, 2024.
What is the Saraswati Saree Depot IPO Listing Date?
Saraswati Saree Depot IPO listing date is August 20, 2024. The IPO is to be listed on NSE, and BSE.
How can the Saraswati Saree Depot IPO be applied through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Saraswati Saree Depot IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How can the Saraswati Saree Depot IPO be applied through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Saraswati Saree Depot IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Saraswati Saree Depot IPO GMP: Click Here Saraswati Saree Depot IPO Subscription: Click Here Saraswati Saree Depot IPO Allotment: Click Here Saraswati Saree Depot IPO Listing: Click Here Saraswati Saree Depot IPO Web Story: Click Here |
All Saraswati Saree Depot IPO-related links are available here. If you want to know the details then Click the link.
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