Saraswati Saree Depot IPO GMP, Grey Market Premium Today

Saraswati Saree Depot IPO is to open on August 12. Saraswati Saree Depot is a Mainline IPO to raise ₹160.01 crores via IPO. The Saraswati Saree Depot IPO price band is fixed at ₹152 to ₹160 with a market lot of 90 Shares. 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.

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