Saraswati Saree Depot Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 11-08-2024 | 13-08-2024 | ₹10 per share | 160 | 90 Shares | BSE, NSE | 10,000,800 shares (aggregating up to ₹160.01 Cr) | 2024-08-15 18:30:00 | 2024-08-18 18:30:00 | 2024-08-18 18:30:00 | 19-08-2024 |
About The Company
Saraswati Saree Depot IPO is a book built issue of Rs 160.01 crores. The issue is a combination of fresh issue of 0.65 crore shares aggregating to Rs 104.00 crores and offer for sale of 0.35 crore shares aggregating to Rs 56.02 crores.
Saraswati Saree Depot IPO opens for subscription on August 12, 2024 and closes on August 14, 2024. The allotment for the Saraswati Saree Depot IPO is expected to be finalized on Friday, August 16, 2024. Saraswati Saree Depot IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, August 20, 2024.
Saraswati Saree Depot IPO price band is set at ₹152 to ₹160 per share. The minimum lot size for an application is 90 Shares. The minimum amount of investment required by retail investors is ₹14,400. The minimum lot size investment for sNII is 14 lots (1,260 shares), amounting to ₹201,600, and for bNII, it is 70 lots (6,300 shares), amounting to ₹1,008,000.
Unistone Capital Pvt Ltd is the book running lead manager of the Saraswati Saree Depot IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Saraswati Saree Depot IPO DRHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2023 | 189 | 604 | 23 | 35.38 | 0 | 41.43 |
| 30-03-2022 | 170 | 550 | 12 | 12.41 | 0 | 66.62 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 1.32 |
| Non-Institutional Buyers | 57.25 |
| Retail Investors | 20.44 |
| TOTAL | 16.40 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 90 | 14400 |
| Retail (Max) | 13 | 1170 | 187200 |
| S-HNI (Min) | 14 | 1260 | 201600 |
| S-HNI (Max) | 69 | 6210 | 993600 |
| B-HNI (Min) | 70 | 6300 | 1008000 |
IPO Listing Details
| Listing Date | 19-08-2024 |
| BSE Script Code | 544230 |
| NSE Symbol | SSDL |
| ISIN | INE0PQ101010 |
| Final Issue Price | 160 |
Promoter holdings
Mr. Shankar Dulhani, Mr. Mahesh Dulhani, Mr. Rajesh Dulhani, and Mr. Vinod Dulhani
Contact Information of the Company
Saraswati Saree Depot Limited
Sr No.144/1 Manademala,
Near Tawade Hotel, Gandhinagar Road,
Uchagaon, Kolhapur – 416005
Phone: +919271009858
Email: cs@saraswatisareedepotlimited.com
Website: https://www.saraswatisareedepot.com/home
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Unistone Capital Pvt Ltd (Past IPO Performance)