Saraswati Saree Depot IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
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Updates of Saraswati Saree Depot IPO   
The IPO is expected to open for subscription on 3 April 2024. The Size of the IPO is Rs. 4275 Cr., and 75% of the shares are reserved for the QIBs.

What is the last GMP of Saraswati Saree Depot IPO?
Latest GMP & Subject to rates: Click

What is the promoter of Saraswati Saree Depot IPO?   
TTHE PROMOTERS OF THE COMPANY ARE MAHESH DULHANI, RAJESH DULHANI, SHANKAR DULHANI AND VINOD DULHANI

What are the Objects of Saraswati Saree Depot IPO?

The Offer comprises of fresh issue of Capital and an offer for sale of shares.
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following
objects:
1. Funding working capital requirements of the Company; and
2. General corporate purposes 

What is the business of Saraswati Saree Depot?

Saraswati Saree Depot is a key player in sarees wholesale (B2B) segment and its origin into the
sarees business dates back to the year 1966. It is also engaged in the wholesale business of other
women’s apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. On an
average of more than 90% of its total revenues are generated from sale of sarees. In Fiscal 2023, it
has served over 15,000 unique customers and its product catalogue consists of more than 3,00,000
different SKUs.

Saree is an ethnic wear garment which has its origin in India and is one of the most popular readymade
garment in India which is wore on casual occasions as well as on festive occasions. A saree typically
ranges from six to nine yards in length and can be worn in several ways. In India there are different kind
of sarees which are prevalent with Indian women.

After incorporation in 2021, the Company has been carrying on the business with the same core values
and management team. In Fiscal 2023 the Company provided service to more than 15,000 unique
customers and crossed Rs. 6,000 million in sales in Fiscal 2023.
Its sarees are sourced from different manufacturers across India. Over the years, it has developed
relationships with these manufacturers in hubs like Surat, Varanasi, Mau, Madurai, Dharmavaram, Kolkata, and Bengaluru. It regularly sources sarees and other women’s apparel from more than 900
weavers/suppliers across different states in India. Currently, its product catalogue lists more than
300,000 different SKUs.

For more information, click www.saraswatisareedepot.com

Saraswati Saree Depot IPO GMP, Particulars & Guidance

Saraswati Saree Depot IPO Details 
IPO opens on   2024 
IPO closes on   2024 
Issue Type Book Built Issue IPO
Issue Size 75000000 Sh /Rs ? Cr
* Fresh Issue 7245000 Sh /Rs ? Cr
* Offer for Sale  3555000 Sh /Rs – Cr
   
Face Value per share: Rs. 1-
Price Band  Rs. ?
Retail Discount  Rs 0 per share
Employee discount  Rs. 0 per share
Retail Lot Size  ? Shares
Listing will at  BSE, NSE
Shares offered in Saraswati Saree Depot? Shares Rs. in Cr
QIB (75 %)  ?
NII (15 %)  ?
RII (10 %)  ?
Employees
Total Shares  ?
Retail portion will be oversubscribed by  ? Forms.
How to apply in Saraswati Saree Depot IPO? Amount Rs.
Min Retail Application   –  
Max Retail Application   –  
Small HNI (Min) application   
Small HNI (Max) application    
Big HNI Application    

What is the timetable of Saraswati Saree Depot IPO?
IPO opens on  2024
IPO Closes on  2024
IPO Allotment on   2024
Unblocking of ASBA   2024
Credit of Shares  2024
Listing on  2024
Registered Office of Saraswati Saree Depot
Sr No.144/1 Manademala, Near Tawade
Hotel, Gandhinagar Road, Uchagaon,
Kolhapur, Maharashtra – 416005
Who are the Lead Managers of Saraswati Saree DepotIPO?
Unistone Capital Private Limited
Registrar to IPO
Bigshare Services Private Limited

Saraswati Saree Depot IPO Financial & Analytical Ratios
Year Total Income Net Profit EPS RoNW
  Rs. in Cr Rs.in Cr Rs. %
2020-21  
2021-22 550.31 12.31 3.72 99.20
2022-23  603.52 22.97 6.94 64.93
Book Value of the Share on 31.03.2023 Rs. 1069    
BV of the Share after the FPO Rs. ?    
Offer Price at Cap Rs.  ?    
Saraswati Saree Depot IPO
Ratio Analysis
Price /EPS ?
Price/Book Value Ratio ?
Price/BV after IPO  ?

How Saraswati Saree Depot IPO compares with the Peers?
Peer Comparison.

As on date of DRHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Cr  
Saraswwati Saree 10   601.89  ?
Go Fashions 10   665.28 218.30
Sai Silk Kalamandir 10 1351.47 30.19
 
       
       
       
       

# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Saraswati Saree Depot IPO Guidance* by Paresh Gordhandas, CA & Research Analyst.
Will give our guidance once the price band and lot are announced, by the company.

 

Quicklinks

Saraswati Saree Depot IPO GMP

Saraswati Saree Depot IPO GMP today details

Saraswati Saree Depot IPO GMP today, Details, Guidance, Subscription Status, allotment

Saraswati Saree Depot Anchor Investors Details

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