What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Saraswati Saree Depot Limited IPO?

Saraswati Saree Depot Limited IPO has received a total subscription of 107.52 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Saraswati Saree Depot Limited

ListedSME

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

₹40

+25.0%

Est. Listing

₹200

at current GMP

Subscribed

107.52x

overall

Open

12 Aug 2024

14 Aug 2024

Allotment

16 Aug 2024

Refund

17 Aug 2024

Demat Credit

18 Aug 2024

Listing

20 Aug 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

107.52x

Total Demand

QIB Multiplier

64.12x

Institutions & Funds

NII / HNI

358.65x

High Net-Worth

Retail (RII)

61.88x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 107.52x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	5,000,400	320,647,500	64.12x
NIB	1,500,120	538,014,690	358.65x
HNIs(10L +)	1,000,080	389,312,460	389.28x
HNIs (2-10L)	500,040	148,702,230	297.38x
RETAIL	3,500,280	216,580,860	61.88x
Total	11,500,920	1,613,257,740	107.52x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 72.48x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	38,891	2,406,575	61.88x
HNIs (10L +)	249	89,304	358.65x
HNIs (2-10L)	1,191	427,152	358.65x
Total Applications	40,331	2,923,031	72.48x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Saraswati Saree Depot Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Saraswati Saree Depot Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Saraswati Saree Depot Limited IPO is ₹40 per equity share. Based on the upper price band of ₹152 to ₹160 per equity share, the estimated listing price is ₹200 (+25.0% expected listing gain).

What is the expected profit per lot for Saraswati Saree Depot Limited IPO?

With a lot size of 90 shares and current GMP of ₹40, the expected profit per application lot is approx ₹3,600 (+25.0% gain). Minimum application cost is approx ₹14,400.

What is the issue size and price band for Saraswati Saree Depot Limited IPO?

The Saraswati Saree Depot Limited IPO aggregate issue size is ₹160.01 Crores with an equity price band set at ₹152 to ₹160 per equity share. The retail lot size is 90 shares requiring a minimum capital outlay of approx. ₹14,400.

How can I check Saraswati Saree Depot Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 107.52x (Retail: 61.88x, QIB: 64.12x, NII: 358.65x). You can track live multiples directly on our dedicated subscription page.

Where and when will Saraswati Saree Depot Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-08-16. Investors can verify status using PAN card or application number.

When is the listing date for Saraswati Saree Depot Limited IPO?

Saraswati Saree Depot Limited shares are scheduled to list on NSE and BSE on 2024-08-20.