Saraswati Saree Depot IPO | is this good?
Incorporated in 1996, Saraswati Saree Depot Limited is engaged in manufacturing and wholesale women's apparel.
Saraswati Saree Depot IPO opens for subscription on August 12, 2024 and closes on August 14, 2024. The allotment for the Saraswati Saree Depot IPO is expected to be finalized on Friday, August 16, 2024. Saraswati Saree Depot IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, August 20, 2024.
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.
IPO Date | August 12, 2024 to August 14, 2024 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price Band | ₹152 to ₹160 per share |
Lot Size | 90 Shares |
IPO Open Date | Monday, August 12, 2024 |
IPO Close Date | Wednesday, August 14, 2024 |
Basis of Allotment | Friday, August 16, 2024 |
Initiation of Refunds | Monday, August 19, 2024 |
Credit of Shares to Demat | Monday, August 19, 2024 |
Listing Date | Tuesday, August 20, 2024 |
GMP is ₹25
Expected return is 15.62%
Apply for IPO:
Upstox- https://play.google.com/store/apps/details?id=i...
Upstox - https://upstox.com/open-demat-ac...t/
Zerodha - https://zerodh...m/
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No anchor portion, QIB can sell everything on listing, so much selling pressure. Avoid.