Saraswati Saree Depot IPO | is this good?

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Deal Lieutenant
prodime17

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/

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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No anchor portion, QIB can sell everything on listing, so much selling pressure. Avoid.

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