Saraswati Saree Depot IPO
Saraswati Saree Depot IPO is listed on BSE and NSE, priced at ₹152–₹160 per share. The stock debuted at ₹194, delivering a listing gain of 21.3%. The IPO had a lot size of ₹90 shares and a minimum investment of ₹14,400.
Saraswati Saree Depot Limited IPO
- IPO Dates
- Aug 12, 2024 – Aug 14, 2024
- Price band
- ₹152-160 per equity share
- Minimum Investment
- ₹14,400
- Issue size
- ₹160.01 Cr
- Lot size
- 90
- Allotment Date
- Aug 16, 2024
- Listing
- Aug 20, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Aug 12, 2024
Open Date
Completed
-
Aug 14, 2024
Close Date
Completed
-
Aug 16, 2024
Allotment Date
Completed
-
Aug 20, 2024
Listing Date
Completed
Price Summary
- Last closing
- 60.50 (-62.19%)
- 52 week high
- 108.00
- 52 week low
- 46.15
- Last update
Saraswati Saree Depot IPO Essentials
Saraswati Saree Depot IPO Details
Saraswati Saree Depot IPO is priced at ₹152-160 per share with a total issue size of 160.01 crore. The IPO has a lot size of 90 shares and is listed on BSE and NSE.
- Issue price
- ₹152-160 per equity share
- Lot size
- 90 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total ₹160.01 Cr :
#Fresh Issue : 3,501,000 shares(aggregating up to ₹56.02 Cr) +
#OFS : 6,499,800 shares of ₹10(aggregating up to ₹104 Cr) - Total issue size
- 1,00,00,800 shares
(aggregating up to ₹160.01 crore) - Fresh issue
- 64,99,800 shares
(aggregating up to ₹104 crore) - Offer for sale (OFS)
- 35,01,000 shares
(aggregating up to ₹56.01 crore) - Listing at
- BSE, NSE
- List price
- 194.0(NSE)
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Unistone Capital Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 90 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 90 | ₹14,400 |
| Retail(max) | 13 | 1,170 | ₹1,87,200 |
Saraswati Saree Depot IPO Reservation
Saraswati Saree Depot IPO reservation details show category-wise allocation of shares. Out of the total 10,000,800 shares, approximately 50% are reserved for QIB, 15% for NII, and 35% for retail investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| QIB Shares Offered | 5,000,400 (50%) | |
| NII (HNI) Shares Offered | 1,500,120 (15%) | |
| bHNI > ₹10L | 1,000,080 (10%) | 793 |
| sHNI < ₹10L | 500,040 (5%) | 396 |
| Retail Shares Offered | 3,500,280 (35%) | 38,892 |
| Total Shares Offered | 10,000,800 (100%) |
Saraswati Saree Depot IPO Analytics
Saraswati Saree Depot IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Saraswati Saree Depot IPO Subscription Status
Saraswati Saree Depot IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,000,400 |
1,500,120
1,000,080
500,040
|
3,500,280 | 10,000,800 |
|
Day 1
12-08-24 05:00 PM
|
1.19 x |
12.62x
12.65x
12.55x
|
5.39 x | 4.37 x |
|
Day 2
13-08-24 05:00 PM
|
1.32 x |
57.18x
54.61x
62.30x
|
20.30 x | 16.34 x |
|
Day 3
14-08-24 05:00 PM
|
64.12 x |
358.47x
389.28x
296.85x
|
61.59 x | 107.39 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 21,70,552 (Approx) | —x | —x | 51.42x |
Saraswati Saree Depot Valuations
Earnings
- EPS Pre IPO
- ₹6.94/-
- EPS Post IPO
- ₹5.80/-
- P/E Pre IPO
- 23.05
- P/E Post IPO
- 27.58
Returns
- ROE
- 58.88%
- ROCE
- 64.46%
- RoNW
- 45.49%
- PAT Margin
- 4.83%
Fundamentals
- Debt / Equity
- 0.67
- Price / Book
- 8.16
Saraswati Saree Depot Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 205.94 | 188.85 | 169.93 |
| Revenue | 612.58 | 603.52 | 550.31 |
| Profit After Tax | 29.53 | 22.97 | 12.31 |
| Net Worth | 64.91 | 35.38 | 12.41 |
| Total Borrowing | 43.49 | 41.43 | 66.62 |
Saraswati Saree Depot Company & Offer Insights
About Saraswati Saree Depot
Saraswati Saree Depot Limited, incorporated in the year 1996, is involved in manufacturing and wholesaling women's apparels.
Wholesale (B2B) of sarees forms the core business of the company. It also conducts wholesale business in other women's apparels, such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.
The company purchases regularly sarees and other women's apparels from over 900 weavers/suppliers based in different states of India. Our product catalog currently offers more than 300,000 different SKUs. The company mainly sells in southern and western regions comprising of mainly Maharashtra, Goa, Karnataka, and Tamil Nadu and has served more than 13,000 unique customers in fiscal 2024. Our company stores are offering saree products categorized into occasion, fabric, weave, and ornamentation. More than 90 percent of the revenues are generated by the sales of sarees.
The company, on June 30, 2024, was having a strength of 314 employees working for it in departments.
Saraswati Saree Depot Promoter(s)
Mr. Shankar Dulhani, Mr. Mahesh Dulhani, Mr. Rajesh Dulhani, Mr. Vinod Dulhani are the company's promoters of Saraswati Saree Depot.
Saraswati Saree Depot IPO Issue Objectives
- •
- Funding working capital requirements of the company.
- •
- General corporate purposes.
Saraswati Saree Depot IPO - Anchor Investors
No Anchor Book.
Saraswati Saree Depot IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Saraswati Saree Depot Limited | 8.92 | 8.92 | 19.61 | N/A | 45.49 | N/A | Consolidated |
| Go Fashion (India) Ltd | 15.32 | 15.32 | 111.81 | 71.8 | 13.71 | N/A | Consolidated |
| Sai Silks (Kalamandir) Limited | 7.51 | 7.51 | 72.14 | 21.34 | 9.49 | N/A | Consolidated |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE website on August 5, 2024, divided by diluted EPS.
- Return on Net Worth (RoNW) is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the weighted average number of equity shares.
Saraswati Saree Depot IPO - Strengths and Risks
Saraswati Saree Depot IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Saraswati Saree Depot
+919271009858
cs@saraswatisareedepotlimited.com
https://www.saraswatisareedepot.com/home
Sr No.144/1 Manademala, Near Tawade Hotel, Gandhinagar Road, Uchagaon, Kolhapur – 416005
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Saraswati Saree Depot IPO is a book-built IPO worth ₹160.01 crore. The price band is ₹152–₹160 per share. The IPO opens on Aug 12, 2024 and closes on Aug 14, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The price band of Saraswati Saree Depot IPO is ₹152 to ₹160 per share.
The lot size of Saraswati Saree Depot IPO is 90 shares.
The minimum investment for Saraswati Saree Depot IPO is approximately ₹14,400 based on the upper price band .
Saraswati Saree Depot IPO opens on Aug 12, 2024 and closes on Aug 14, 2024.
The allotment date of Saraswati Saree Depot IPO is Aug 16, 2024.
Saraswati Saree Depot IPO is expected to be listed on Aug 20, 2024, on BSE and NSE .
Saraswati Saree Depot IPO listed on Aug 20, 2024. It was issued at ₹194.0(NSE) and is currently around ₹60.50 as on 14-May-2026 3:30 PM, which is approximately -62.2% versus issue price. The 52-week high is ₹108.00.
Based on listing and post-listing performance, Saraswati Saree Depot IPO delivered around -62.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Saraswati Saree Depot IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Saraswati Saree Depot IPO valuation snapshot: P/E 27.58, EPS ₹5.80/-, P/B 8.16, RoNW 45.49%, and market cap N/A.
To apply for Saraswati Saree Depot IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Saraswati Saree Depot IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Saraswati Saree Depot IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Saraswati Saree Depot IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Saraswati Saree Depot IPO allotment status on IPO Ji for quick and easy access.