
Consumer Discretionary · NSE / BSE
Saraswati Saree Depot Limited, established in 1996, is a leading manufacturer and wholesaler of women's apparel, specializing in the B2B saree market. Along with sarees, the company also distributes kurtis, dress materials, blouse pieces, lehengas, and bottoms, catering to diverse customer preferences. With a strong presence in the women's apparel industry, Saraswati Saree Depot continues to serve retailers and businesses with a wide range of high-quality products.
Price Band
₹152 – ₹160
Issue Size
₹160 Cr
Lot Size
90 shares
GMP
+25.0%
Est. Listing
₹200
at current GMP
Subscribed
107.52x
overall
Open
12 Aug 2024
Close
14 Aug 2024
Allotment
16 Aug 2024
Refund
17 Aug 2024
Demat Credit
18 Aug 2024
Listing
20 Aug 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹160
Band: ₹152 – ₹160
Estimated Listing Price
₹200
Upper price + GMP
Lot Size
90 shares
Min investment ₹14,400
Estimated Profit / Lot
₹3,600
90 × ₹40
Grey Market Premium trend
+₹40
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹40 | 25.0% | ₹200 |
| 30 Oct 2026 | +₹40 | 25.0% | ₹200 |
| 29 Oct 2026 | +₹36 | 22.5% | ₹196 |
GMP is unofficial market data. Not a guarantee of listing performance.
Saraswati Saree Depot Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹160.01 Crores. The shares are offered at a price band of ₹152 to ₹160 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-08-14, the basis of allotment is scheduled to be finalized on 2024-08-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Saraswati Saree Depot Limited IPO is ₹40, which indicates an expected listing price of ₹200.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.