Recently Viewed
Clear AllBidding Date
12-Aug-2024 to
14-Aug-2024
Issue Size
₹160.01 Cr
Price Band
₹152 to ₹160
Allotment date
16-Aug-2024
Listing date
20-Aug-2024
Lot size
90
No. of shares
1,00,00,800
Fresh issue/OFS
₹104 Cr/₹56.02 Cr
Saraswati Saree Depot Limited has deep roots in the saree business, tracing back to 1966, The company is a key player in the wholesale (B2B) saree segment, with an extensive product catalogue that includes more than 300,000 SKUs. The company primarily deals in sarees, which account for over 90% of its total revenue, and also engages in the wholesale business of other women's apparel such as kurtis, dress materials, blouse pieces, lehengas, and bottoms. The company has shown consistent growth, with revenues and profit after tax growing at a CAGR of 9.07% and 20.34% respectively.
Read our in-depth analysis of the Saraswati Saree Depot Ltd IPO Here
Category
Status
QIBs
64.1x
NIIs
358.4x
Retail
61.5x
Others
--
Total
107.3x
The issue size of Saraswati Saree Depot is ₹160.01 Cr.
Saraswati Saree Depot falls into Distributors industry.
The Saraswati Saree Depot IPO will be listed on both NSE and BSE.
The open and close dates for the Saraswati Saree Depot are 12-Aug-2024 & 14-Aug-2024.
The price band for the Saraswati Saree Depot ipo is ₹152 to ₹160
The listing date of Saraswati Saree Depot IPO is 20-Aug-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Saraswati Saree Depot total subscription ratio is 107.3X.
Key financial of the Saraswati Saree Depot are:
| Saraswati Saree Depot | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 610.9 | 601.89 | 549.58 |
| EBIT (₹ Cr) | 39.57 | 33.23 | 20.36 |
| Proft after Tax (₹ Cr) | 29.53 | 22.97 | 12.31 |
| Debt (₹ Cr) | 43.49 | 41.43 | 66.62 |
| Net Worth (₹ Cr) | 64.91 | 35.38 | 12.41 |
| RoE (%) | 45.49 | 64.93 | 99.19 |