Saraswati Saree Depot Limited Incorporated in 1996, The Company is engaged in manufacturing and wholesale women’s apparel. The company’s primary business is the wholesale (B2B) segment of sarees. It is also engaged in the wholesale business of other women’s apparel, such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.
The company regularly sources sarees and other women’s apparel from more than 900 weavers/suppliers across different states in India. Currently, our product catalog lists more than 300,000 different SKUs. The company majorly sells products in southern and western regions comprising mainly Maharashtra, Goa, Karnataka, and Tamil Nadu and the company has served more than 13,000 unique customers in fiscal 2024. The company stores offer saree products categorized by occasion, fabric, weave, and ornamentation. Over 90 percent of the company’s revenue comes from saree sales.
Saraswati Saree Depot Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 12 Aug 2024 |
| IPO Close Date | 14 Aug 2024 |
| Allotment Date | 16 Aug 2024 |
| IPO Listing Date | 20 Aug 2024 |
Saraswati Saree Depot Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 152 to Rs. 160 Per Equity Share |
| Market Lot | 90 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 160 Crore. |
Saraswati Saree Depot Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 90 | Rs. 14400 |
| Maximum | 13 | 1170 | Rs. 187200 |
| Small HNI (Minimum) | 14 | 1260 | Rs. 201600 |
| Big HNI (Minimum) | 70 | 6300 | Rs. 1008000 |
Saraswati Saree Depot Limited IPO Allotment Status & IPO forms
Click Here To Check IPO Allotment Status Saraswati Saree Depot Limited IPO
Click Here To Get ASBA Forms Saraswati Saree Depot Limited IPO
Company Financials:
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 205.94 | 188.85 | 169.93 |
| Total Revenue | 612.58 | 603.52 | 550.31 |
| Profit After Tax | 29.53 | 22.97 | 12.31 |
Company Promoters:
Mr. Shankar Dulhani, Mr. Mahesh Dulhani, Mr. Rajesh Dulhani, and Mr. Vinod Dulhani are the promoters of the company.
Purpose of the Issue
- Funding working capital requirements of the company.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Saraswati Saree Depot Limited Sr No.144/1 Manademala, Near Tawade Hotel, Gandhinagar Road, Uchagaon, Kolhapur – 416005 Phone: +919271009858 Email: cs@saraswatisareedepotlimited.com Website: https://www.saraswatisareedepot.com/home | Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
