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Saraswati Saree Depot IPO opens for subscription on August 12, 2024 and closes on August 14, 2024. We recommend not investing in this IPO and in this Saraswati Saree Depot IPO review we will provide top reasons behind it. This Saraswati Saree Depot IPO analysis video covers points like financial strength, valuation, portfolio basis and more! Subscribe for more IPO review videos like this!
About Saraswati Saree Depot Limited:
Saraswati Saree Depot Limited is a prominent player in the women's apparel industry, specializing in the wholesale of sarees. With a strong foothold in the B2B segment, the company sources its products from over 900 weavers and suppliers across India, offering a vast collection of over 300,000 saree designs. Beyond sarees, Saraswati Saree Depot also caters to the growing demand for other women's ethnic wear, including kurtis, lehengas, and dress materials. The company's three-decade-long experience in the industry has enabled it to establish a strong network of retailers and build a reputation for quality and variety.
More Saraswati Saree Depot IPO Details:
Saraswati Saree Depot IPO price band is set at ₹152 to ₹160 per share. The minimum lot size for an application is 90 Shares. The minimum amount of investment required by retail investors is ₹14,400. The minimum lot size investment for sNII is 14 lots (1,260 shares), amounting to ₹201,600, and for bNII, it is 70 lots (6,300 shares), amounting to ₹1,008,000.
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