Saraswati Saree Depot IPO Allotment Status Online: Saraswati Saree Depot IPO is Open on 12 August 2024 and Close on 14 August 2024. Saraswati Saree Depot IPO to Raise 10,000,800 shares (Approx ₹160.01 Cr) via IPO. The Fresh Issue is 6,499,800 shares (Approx ₹104.00 Cr) and The Offer For Sale is 3,501,000 shares of ₹10 (Approx ₹56.02 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Saraswati Saree Depot IPO Basis of Allotment Status on 16 August 2024. Saraswati Saree Depot IPO Refund Date is 19 August 2024 and Saraswati Saree Depot IPO Credit to Demat on 19 August 2024.
Also Read: Saraswati saree depot ipo Details Today, Date, Price, GMP, Review
Saraswati Saree Depot IPO Allotment Link Online
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About –
Saraswati Saree Depot are a key player in sarees wholesale (B2B) segment and our origin into thesarees business dates back to the year 1966. We are also engaged in the wholesale business of other women’s apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc. over 15,000 unique customers and our product catalogue consists of more than 3,00,000 different SKUs.
Product Portfolio :-
Sarees – Casual, Wedding, Festive, Party
Fabric – Silk, Soft Silk, Art Silk, Cotton Silk, Cotton, Organza, Georgette, Linen, Nylon Blend
By Weave – Banarsi, Paithani, Kanjivaram, Maheshwari, Patola, Handloom, Bomkai, Gadwal, Tanchoi, Bandhani, Dharmavaram
Pattern – Woven, Printed, Floral, Digital Print, Dyed, Geometric, Self Design, Solid, Embroidered
Ornamentation – Zari, Tassel, Zari Buta, Sequins, Floral Design, Brocade, Cotton Thread
Other Product Offerings – Kurtis, Dress Materials, Blouse Pieces, Shirt and Pant Pieces for men, Lehengas, Bottoms and other women’s apparel accessories.
Saree is an ethnic wear garment which has its origin in India and is one of the most popular readymade garment in India which is wore on casual occasions as well as on festive occasions.
A saree typically ranges from six to nine yards in length and can be worn in several ways. In India there are different kind of sarees which are prevalent with Indian women.
The most prevalent sarees include silk sarees, cotton sarees, synthetic fibre sarees etc. apart from these prevalent fabric sarees, there are blends and mixture
of fabrics in which sarees are available across the saree industry in India. The demand for saree market in India in recent years have come from growth in the wedding and celebration wear market.
However, the industry is seeing the change in the consumer buying pattern as customers are seeking quality and premium products. The change in the buying pattern has resulted in players selling higher priced sarees than the value range sarees.
The saree market in India has been traditionally dominated by small retail shops and unorganised players who usually have standalone outlets which is characterised by loyal customer group.
Our sarees are sourced from different manufacturers across India. Over the years, we have developed relationships with these manufacturers in hubs like Surat, Varanasi, Mau, Madurai, Dharmavaram, Kolkata, and Bengaluru. We regularly source sarees and other women’s apparel from more than 900 weavers/suppliers across different states in India. Currently, our product catalogue lists more than 300,000 different SKUs.
