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Saraswati Saree Depot Limited IPO Review & Recommendations

 

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Saraswati Saree Depot Limited IPO

August 12, 2024 - August 14, 2024 Closed

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.

Frequently Asked Question

saraswati saree depot private limited will be closed on 14 August 2024.
Link Intime India Private Ltd is the registrar of Saraswati Saree Depot Limited IPO.
The Saraswati Saree Depot Limited IPO will be listed on August 20, 2024.
If you do not receive an allotment of Saraswati Saree Depot Limited IPO shares, the application amount will be refunded to the bank account used for applying.
The meaning of "Saraswati Saree Depot Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Saraswati Saree Depot Limited IPO on the current day.
Saraswati Saree Depot Limited IPO customer care number is 0231 2683333..
Saraswati Saree Depot Limited IPO allotted shares will be credited to your Demat account on August 16, 2024.
You can apply for an IPO from anywhere using the internet since it's an online process. There are two ways to apply: ASBA and UPI. Your bank provides the ASBA facility, while the UPI method is available through your stockbroker. To invest in the Saraswati Saree Depot Ltd. For the IPO, you can choose either method based on your preference. You can invest in the Saraswati Saree Depot Ltd. IPO using the following methods that suit you.
Face value of equity shares of Saraswati Saree Depot Limited IPO is ₹1.
Saraswati Saree Depot Limited IPO is going to open on 12 August 2024.
Post-issue shareholdings of Saraswati Saree Depot Limited IPO promoters are 74.75%.
Saraswati Saree Depot Limited IPO shares will get listed at NSE, BSE.
Pre-issue shareholdings of saraswati saree depot pvt ltd market promoters are 100%.
Price of 1 share of Saraswati Saree Depot Limited IPO is ₹152 to ₹160.
Saraswati IPO Market lot size of the IPO is ₹90 shares.
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