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Saraswati Saree Depot Limited IPO

Founded in 1996, Saraswati Saree Depot Limited specializes in manufacturing and wholesaling women's apparel, with a focus on sarees. Sourcing from over 900 suppliers across India, the company offers a catalog of more than 300,000 SKUs. Primarily serving southern and western India, including Maharashtra, Goa, Karnataka, and Tamil Nadu, it has served over 13,000 customers in fiscal 2024. Sarees, categorized by occasion, fabric, and weave, account for over 90 percent of its revenue.

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Date12Aug2024 - 14Aug2024
Price Range (₹)152 - 160
Minimum Order Quantity90 Shares
(D)RHPView

The company plans to use the net proceeds from the IPO for the following purposes: Supporting the company’s working capital needs. Addressing general corporate expenses. Read more

How do I apply for the Saraswati Saree Depot IPO?

You can apply for the Saraswati Saree Depot IPO using any supported UPI app by following two steps:

  • Enter your bid on rocket
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.

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