Exchanges
BSE, NSE
Industry
Garments & Apparels
Issue
Book building

Saraswati Saree Depot IPO

₹203.70

+27.31% on listing

Listing-day close · NSE · 20 Aug 2024 · issue price ₹160

Saraswati Saree Depot’s ₹160 crore IPO was priced at ₹160 a share. It listed on the NSE on 20 Aug 2024 and closed its first day at ₹203.70, up 27.31% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹160 Cr
Fresh issue
₹104 Cr
Offer for sale
₹56.02 Cr
Lot size
90 shares
Minimum investment
₹14,400
Face value
₹10
Registrar
Bigshare Services

Subscription

Saraswati Saree Depot IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—108.44×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹634 Cr
P/E (post-issue)
21.5
EPS (post-issue)
₹7.46
Price to book
8.2
ROE
58.88%
ROCE
64.46%
Debt to equity
0.67
PAT margin
4.83%
Promoter holding
100.00% → 74.75%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
20 Aug 2024
Issue price
₹160
Open
₹194.00
High
₹203.70
Low
₹186.00
Close
₹203.70

Listing day on the NSE. The close was +27.31% on the issue price.

SARASWATI SAREE DEPOT share price today

FAQs

When did the Saraswati Saree Depot IPO open and close?

It opened on 12 Aug 2024 and closed on 14 Aug 2024.

What was the Saraswati Saree Depot IPO price?

The price band was ₹152–160 a share. The final issue price was ₹160.

What is the lot size and minimum investment?

One lot is 90 shares, ₹14,400 at ₹160 a share. Retail investors apply in whole lots.

How much did Saraswati Saree Depot raise?

₹160 crore: ₹104 crore of new shares and ₹56.02 crore offered by existing shareholders.

How many times was the Saraswati Saree Depot IPO subscribed?

108.44 times overall.

How did Saraswati Saree Depot list?

It listed on the NSE on 20 Aug 2024 at ₹194.00 and closed the day at ₹203.70, up 27.31% on the ₹160 issue price.

Who is the registrar of the Saraswati Saree Depot IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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