Saraswati Saree Depot Limited (MAINBOARD)
Aug 12, 2024 - Aug 14, 2024
| Price | ₹152 - ₹160 |
| Premium | ₹40 |
|---|---|
| Lot size | 90 |
| Allotment | Aug 16, 2024 |
| Listing | Aug 20, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 90 | 14400 | 38892 |
| sHNI | 14 | 1260 | 201600 | 397 |
| bHNI | 70 | 6300 | 1008000 | 794 |
Last updated on 14-Aug-2024 19:01:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 5000400 | 320647500 | 64.12 |
| FIIs | - | 83200410 | - |
| DIIs | - | 127562580 | - |
| Mutual funds | - | 20160 | - |
| Others | - | 101588760 | - |
| HNIs | 1500120 | 538014690 | 358.65 |
| HNIs 10+ | 1000080 | 389312460 | 389.28 |
| HNIs 2+ | 500040 | 148702230 | 297.38 |
| Retail | 3500280 | 216580860 | 61.88 |
| Total | 10000800 | 1075243050 | 107.52 |
Application Wise Breakup (Approx) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 794 | 59288 | 74.67 |
| HNIs (2-10L) | 397 | 113239 | 285.24 |
| Retail | 38892 | 2008421 | 51.64 |
| Total Applications: 2180948 | |||
| © IPO Premium | |||
| Subscription Details (in cr) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 80.01 | 5130.36 | 64.12 |
| FIIs | - | 1331.21 | - |
| DIIs | - | 2041 | - |
| Mutual funds | - | 0.32 | - |
| Others | - | 1625.42 | - |
| HNIs | 24 | 8608.24 | 358.65 |
| HNIs 10+ | 16 | 6229 | 389.28 |
| HNIs 2+ | 8 | 2379.24 | 297.38 |
| Retail | 56 | 3465.29 | 61.88 |
| Total | 160.01 | 17203.89 | 107.52 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹13.77 | @8% ₹15.74 | @9% ₹17.71 | @10% ₹19.68 | @11% ₹21.64 | @12% ₹23.61 |
About
This IPO does not have a quota reservation for anchor investors.
Saraswati Saree Depot IPO Details
| Issue Size | 10,800,000 shares (aggregating up to ₹160.01 Cr) |
| Fresh Issue | 3,501,000 shares (aggregating up to ₹56.02 Cr) |
| Offer for Sale | 6,499,800 shares of ₹10 (aggregating up to ₹104.00 Cr) |
| Face Value | 10/- per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 33,100,000 |
| Share holding post issue | 36,601,000 |
Saraswati Saree Depot IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 |
|---|---|---|
| ROE | 58.88% | 96.15% |
| ROCE | 64.46% | 98.03% |
| RONW | 45.49% | 64.93% |
| D/E | 0.67 | 1.17 |
| EPS (basic) | 8.92 | 6.94 |
| P/E Pre IPO | 23.05 | |
| P/E Post IPO | 27.58 |
Company Financials
Saraswati Saree Depot Limited Financial Information (Restated)
Saraswati Saree Depot Limited's revenue increased by 9.67% and profit after tax (PAT) rose by 86.66% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|
| Assets | 205.94 | 188.85 | 169.93 |
| Revenue | 612.58 | 603.52 | 550.31 |
| Profit | 29.53 | 22.97 | 12.31 |
| Net Worth | 64.91 | 35.38 | 12.41 |
| Borrowing | 43.49 | 41.43 | 66.62 |
| Amount in ₹ Crore | |||
About Company
Incorporated in 1996, Saraswati Saree Depot Limited specializes in the manufacturing and wholesale of women's apparel. The company's primary business focuses on the sarees wholesale (B2B) segment, providing a wide range of sarees to retailers and other businesses. Besides sarees, Saraswati Saree Depot Limited also engages in the wholesale distribution of various other women's apparel, including kurtis, dress materials, blouse pieces, lehengas, and bottoms. This diverse product range allows the company to cater to a broad spectrum of customer preferences and maintain a significant presence in the women's apparel market.
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html