The Saraswati Saree Depot IPO subscription status started on August 12, 2024, and QIB, NII, and RII are also subscribing to it. The Saraswati Saree Depot IPO opens on August 12, 2024, and closes on August 14, 2024. Saraswati Saree Depot IPO has raised ₹160.01 crores through its fresh issue and offers for sale, in which the fresh issue is ₹104.00 crores and the offer for sale is ₹56.01 crores, and the Saraswati Saree Depot IPO price band is fixed at ₹152 to ₹160 per share. You can check Saraswati Saree Depot IPO GMP here.
Saraswati Saree Depot Limited is engaged in manufacturing and wholesale women’s apparel. The company’s primary business is the wholesale (B2B) segment of sarees. It is also engaged in the wholesale business of other women’s apparel, such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.
The company majorly sells products in southern and western regions comprising mainly Maharashtra, Goa, Karnataka, and Tamil Nadu and the company has served more than 13,000 unique customers in fiscal 2024
Saraswati Saree Depot IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Saraswati Saree Depot IPO Subscription Status, you can see the below-day Subscription.
Saraswati Saree Depot IPO Review :
👉 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 Subscription Status {Live Update} :
The total Saraswati Saree Depot IPO Subscription Status subscribed 107.52x times so far, with QIB subscribed 64.12x NII subscribed 358.65x times & RII 61.88x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 1.19x | 1.32x | 64.12x |
| NII : | 12.62x | 57.18x | 358.65x |
| bNII (above ₹10L): | 12.65x | 54.61x | 389.28x |
| sNII (below ₹10L): | 12.55x | 62.30x | 297.38x |
| RII : | 5.39x | 20.30x | 61.88x |
| Total : | 4.37x | 16.34x | 107.52x |
Saraswati Saree Depot IPO Net Shares Offered:
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 50,00,400 | 80.00 |
| NII : | 15,00,120 | 24.00 |
| bNII (bids above ₹10L) : | 10,00,080 | 16.00 |
| sNII (bids below ₹10L) : | 5,00,040 | 8.00 |
| RII : | 35,00,280 | 56.01 |
| Total : | 1,00,00,800 | 160.01 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs.
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Saraswati Saree Depot IPO Subscription Status FAQs :
How much is the total Saraswati Saree Depot IPO Subscription Status?
The total Saraswati Saree Depot IPO Subscription Status is 107.52x times Day 3.
What is the status of the Saraswati Saree Depot IPO retail subscription?
Saraswati Saree Depot IPO Retail Subscription 61.88x times Day 3.
What is the status of the Saraswati Saree Depot IPO QIB subscription?
The Saraswati Saree Depot IPO QIB subscription is 64.12x times Day 3.
What is the Saraswati Saree Depot IPO NII subscription status?
Saraswati Saree Depot IPO NII Subscription 358.65x times Day 3.
When is the Saraswati Saree Depot IPO Allotment Date?
Saraswati Saree Depot IPO allotment date is August 16, 2024.
When 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 BSE and NSE.
| Saraswati Saree Depot IPO GMP: Click Here Saraswati Saree Depot IPO Details: Click Here Saraswati Saree Depot IPO Allotment: Click Here Saraswati Saree Depot IPO Listing: Click Here |
All Saraswati Saree Depot IPO-related links are available here. If you want to know the details then click Here Link.
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