Saraswati Saree Depot Limited IPO Review & Recommendations
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Saraswati Saree Depot Limited IPO Review
Saraswati Saree Depot Limited IPO was
engaged in Saree wholesale “B2B” segment. This Company incorporated in 1996,
They are also engaged in business of wholesale of other women’s apparel wears
like dress material, sarees, lehengas, blouse pieces, bottoms, they focus on
innovation with an emphasis on quality while offering their customers a variety
of new products throughout the year. They interact with weaving houses and
recommend designs based on market trends and tastes of regional markets.
saraswati saree depot private limited
Strengths are a Diversified supplier and customer base, Diverse product portfolio,
Bulk buying capabilities, Experienced Promoters & management team, Existing
client & supplier relationships, Collaborative and experienced work force, saraswati
saree depot pvt ltd Strategies are Strengthening Inventory Management Practices,
Entering into men’s ethnic wear segment, Leverage technology to bring cost
efficiency & enhance customer experience, Capitalize on the increasing e- commerce
for penetration in retail and wholesale category, Their company has adequate IT
infrastructure which is crucial to support the growth of their business. Their
IT system allows them to track their purchases and sales.
Saraswati Saree Depot Limited Products and Services
Saraswati saree depot Limited Products and services
are wholesale saree (B2B) Segment. Saraswati Saree Depot Limited engaged in Saree
is an ethnic wear fabric originating from India and is the most popular readymade
dresses in India worn for casual occasions as well as festive occasions. Sarees are usually six feet to nine feet and
can be worn in many ways. India has a variety of sarees that Indian women love.
saraswati saree depot private limited is an ethnic
wear fabric originating from India and is the most popular readymade dresses in
India worn for casual occasions as well as festive occasions. Sarees are usually six feet to nine feet and
can be worn in many ways. In India, there are different types of sarees that
are common among Indian women. The most popular sarees include silk sarees,
cotton sarees, synthetic fiber sarees and more. saraswati
saree depot private ltd
aim to offer customers a wide range of products, each offering something new
and unique in terms of design and functionality. By embracing diversity in their
inventory. Their strong supplier relationships are central to their seamless
replenishment process.
Financial Overview
The company has a unique saree wholesale model and has over 300000 SKUs purchased from 900+ weavers and sold to 13000+ customers, mostly semi wholesalers/retailers. So, it operates on a B2B model where 90+% of its revenue comes from saree sales. Recently, it has been diversifying into kurtis and fashion accessories with branded suiting/shirting for men which complements the rest. Considering the trends set by its unique business model, investors can invest for the medium and long term.
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