The Saraswati Saree Depot IPO minimum market lot is 90 shares with ₹14,400 application amount. The Saraswati Saree Depot IPO is a Mainline IPO, and it is to be listed on BSE & NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Saraswati Saree Depot IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.19 | 1.32 | 64.12 |
| NII | 12.65 | 57.29 | 358.47 |
| bNII | 12.65 | 54.61 | 389.28 |
| sNII | 12.65 | 62.63 | 296.85 |
| RII | 5.52 | 20.53 | 61.59 |
| Total | 4.43 | 16.44 | 107.39 |
Saraswati Saree Depot IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Saraswati Saree Depot IPO Review
- Avoid
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 online. Check out the Saraswati Saree Depot forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
