75  Total SME IPOs listed in 2025

3,291.12 Crs.  Total funds raised in 2025

51  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

75  Total SME IPOs listed in 2025

3291.12 Crs.  Total funds raised in 2025

51  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

75  Total SME IPOs listed in 2025

3291.12 Crs.  Total funds raised in 2025

51  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

75  Total SME IPOs listed in 2025

3291.12 Crs.  Total funds raised in 2025

51  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Saraswati Saree Depot IPO (Saraswati Saree Depot Limited IPO) Detail

Saraswati Saree Depot IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 160.01 Cr. The company is based in Kolhapur and caters to Textiles sector. Unistone Capital is the merchant banker of Saraswati Saree Depot IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2023.

Saraswati Saree Depot IPO open date is 12th August 2024 and close date is 14th August 2024. IPO Allotment Date is 16th August 2024 and Listing date is 20th August 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 160.01 Cr. Avg IPO Size (Sector Based) : ₹ 593.05 cr.
  • Sector: Textiles IPO so far: 25
  • Merchant Banker: Unistone Capital IPO by BRLM so far: 13
  • City: Kolhapur IPO so far: 2
  • Revenue (annualised): ₹ 612.58 cr.
            PAT: (annualised): ₹ 29.53 cr. Read Financial Information >>
  • PE Ratio: 21.46x Average Sector PE Ratio: 13.10x

Saraswati Saree Depot IPO Date

Date of DRHP:
29th September 2023
IPO Open Date:
12th August 2024
IPO Close Date:
14th August 2024
IPO Allotment Date:
16th August 2024
Initiation of Refund:
19th August 2024
IPO Listing Date:
20th August 2024

Saraswati Saree IPO Info, Size, Subscription

Saraswati Saree Depot IPO size is ₹ 160.01 Cr. with IPO price of ₹ 160.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 160.01 Cr.

Issue Price:
₹ 160.00

Market Capitalisation :
₹ 633.60 Cr.

PE multiple :
21.46

Subscription :
107.39 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
74.75 %

Saraswati Saree Depot IPO Information

Sub Sector : manufacturing and wholesale women's apparel
Saraswati Saree Depot Limited is a key player in the sarees wholesale (B2B) segment, with its origins in the saree business dating back to 1966, as per the CRISIL Report. It is also engaged in the wholesale business of other women's apparel, including kurtis, dress materials, blouse pieces, lehengas, bottoms, and more. Over 90% of the company’s total revenue comes from the sale of sarees. In Fiscal 2023, it served over 15,000 unique customers, and its product catalogue consists of more than 3,00,000 different SKUs. The saree, an ethnic wear garment originating in India, remains one of the most popular ready-made garments, worn on both casual and festive occasions. Sarees typically range from six to nine yards in length and can be worn in
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Object of Issue (Saraswati Saree IPO Objectives)

  • Funding working capital requirements of the company
  • General Corporate Purposes

Unistone Capital Private Limited is the book-running lead manager of the Saraswati Saree Depot IPO. Bigshare Services Private Limited is the Registrar for Saraswati Saree Depot IPO.

Saraswati Saree IPO Registrar (RTA)

Bigshare Services Private Limited

Saraswati Saree IPO Lead Manager (BRLM)

Unistone Capital Private Limited

Saraswati Saree Depot IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Saraswati Saree Depot IPO?

Saraswati Saree Depot IPO, based in Kolhapur, operates in the   Textiles sector with a focus on manufacturing and wholesale women's apparel. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Saraswati Saree Depot IPO size is ₹ 160.01 Cr. with fresh issue size of ₹ 104.00 Cr. and Offer for sale being ₹ 56.01Cr.

When is Saraswati Saree IPO allotment?

The IPO allotment date for Saraswati Saree Depot IPO is expected to be 16th August 2024, after the finalization of basis of allotment. Investors can check Saraswati Saree Depot IPO allotment status on the registrars website, Bigshare Services Private Limited . Saraswati Saree Depot IPO refund dates are 19th August 2024.

When is Saraswati Saree Depot IPO listing date?

Saraswati Saree Depot IPO is expected to be listed on 20th August 2024.

What is the price band for Saraswati Saree IPO?

The upper price band for the Saraswati Saree Depot IPO is set at ₹ 160.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Saraswati Saree Depot IPO Review?

For IPO analysis on Saraswati Saree Depot IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Saraswati Saree Depot IPO?

To apply for the Saraswati Saree Depot IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th August 2024. After submission, funds are blocked until the basis of allotment of Saraswati Saree Depot IPO is finalised.

Who is the merchant banker of Saraswati Saree IPO?

The merchant banker for Saraswati Saree Depot IPO is Unistone Capital Private Limited . Unistone Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Saraswati Saree Depot IPO RHP for further details.

Who is the Registrar of Saraswati Saree Depot IPO?

The registrar for Saraswati Saree Depot IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Saraswati Saree Depot IPO through their official website or helpline.

What is the Saraswati Saree Depot IPO subscription?

Saraswati Saree Depot IPO was subscribed 107.39 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Saraswati Saree Depot IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Saraswati Saree Depot Financial Review Page

Saraswati Saree Depot IPO subscription was 107.39 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Saraswati Saree Depot IPO listed at a listing price of 209.95 against the offer price of 160.00.

The current market price of Saraswati Saree Depot is 101.23.

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