Saraswati Saree Depot IPO Date, Review, Price, Allotment Details

Saraswati Saree Depot IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Capital Market: Neutral
• Swastika Investmart: May Apply

Saraswati Saree Depot IPO Date & Price Band Details

Saraswati Saree Depot IPO Market Lot

The Saraswati Saree Depot IPO minimum market lot is 90 shares with ₹14,400 application amount. The retail investors can apply up-to 13 lots with 1170 shares or ₹187,200 amount.

Saraswati Saree Depot IPO Allotment & Listing Dates

The Saraswati Saree Depot IPO date is August 12 and the close date is August 14. The Saraswati Saree Depot IPO allotment will be finalized on August 16 and the IPO listing on August 20.

About Company

Saraswati Saree Depot is a key player in the sarees wholesale (B2B) segment (Source: CRISIL Report)and their origin in the sarees business dates back to the year 1966. They are also engaged in the wholesale business of other women’s apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. On average more than 90% of their total revenues are generated from the sale of sarees. In Fiscal 2023, they have served over 15,000 unique customers and their product catalog consists of more than 3,00,000 different SKUs. In the year1993, to consolidate and re-organize the family business, the second generation of the Dulhani family took charge and joined hands by amalgamating their respective sole proprietorship businesses and undertaking the same through a newly form partnership firm “M/s. Saraswati Sadi Depot”. Consequently, the partnership firm formed by Late Laxmandas Danomal Dulhaniwas dissolved in the year 1996.

Their sarees are sourced from different manufacturers across India. Over the years, they have developed relationships with these manufacturers in hubs like Surat, Varanasi, Mau, Madurai, Dharmavaram, 173 Kolkata, and Bengaluru. They regularly source sarees and other women’s apparel from more than 900 weavers/suppliers across different states in India. Currently, our product catalog lists more than 300,000 different SKUs.

Objects of the Issue

• Funding working capital requirements of the company.
• General corporate purposes.

Saraswati Saree Depot IPO Form

How to apply for the Saraswati Saree Depot IPO? You can apply for Saraswati Saree Depot IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Saraswati Saree Depot IPO in the Invest section. The other option is you can apply for Saraswati Saree Depot IPO via IPO forms downloaded via NSE and BSE. Check out the Saraswati Saree Depot forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Saraswati Saree Depot Company Financial Report

Saraswati Saree Depot IPO Valuation – FY2023

Check Saraswati Saree Depot IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Go Fashion (India) Ltd
• Sai Silks (Kalam andir) Limited

Company Promoters

• Mr. Shankar Dulhani
• Mr. Mahesh Dulhani
• Mr. Rajesh Dulhani
• Mr. Vinod Dulhani

Saraswati Saree Depot IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/

Saraswati Saree Depot IPO Lead Managers aka Merchant Bankers

• Unistone Capital Pvt Ltd 

Company Address

Saraswati Saree Depot Limited
Sr No.144/1 Manademala,
Near Tawade Hotel, Gandhinagar Road,
Uchagaon, Kolhapur – 416005
Phone: +919271009858
Email: [email protected]
Website: https://www.saraswatisareedepot.com/home

Saraswati Saree Depot IPO FAQs