Saraswati Saree Depot IPO

Listed Listed stocks

Saraswati Saree Depot IPO Details

  • Bidding 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

About Saraswati Saree Depot Company

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 indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    64.1x

  • NIIs

    358.4x

  • Retail

    61.5x

  • Others

    --

  • Total

    107.3x

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FAQs for Saraswati Saree Depot IPO.

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