Saraswati Saree Depot IPO allotment – How to check allotment, IPO GMP, listing date and more

• Saraswati Saree Depot is expected to announce its share allotment status on Friday, August 16.
• The shares of Saraswati Saree Depot were subscribed 107.39 times.
• The shares are expected to be listed on the stock exchanges on August 20.

Kolhapur-based Saraswati Saree Depot, a manufacturer and wholesaler of women’s apparel such as sarees, kurtis, dress material and more is expected to announce the allotment status of its initial public offering (IPO) on Friday, August 16.

The Saraswati Saree Depot IPO opened on August 12 and closed on August 14. The price band for the IPO was ₹152 to ₹160 per share.

Saraswati Saree Depot subscription

On the last day, the Saraswati Saree Depot IPO was subscribed 107.39 times, receiving bids for 107.40 crore equity shares against 1 crore shares on offer.

While the qualified institutional buyer portion was subscribed 64.12 times, the non-institutional investors portion was subscribed 358.47 times. The retail portion also witnessed excellent participation and was subscribed 61.59 times.

Saraswati Saree Depot grey market premium

The shares of Saraswati Saree Depot are currently commanding a grey market premium (GMP) of ₹90 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check Saraswati Saree Depot IPO allotment

You can check the allotment status on the registrar’s website.

• To check the Saraswati Saree Depot IPO allotment status, visit the registrar’s website here.
• Click on ‘Select Company’ and then select ‘Saraswati Saree Depot’.
• Now, select PAN, application number, or beneficiary ID and provide the details.
• Now, enter the captcha.
• Click on “Search”.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Saraswati Saree Depot IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Saraswati Saree Depot’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Saraswati Saree Depot IPO listing date

The shares of Saraswati Saree Depot will be listed on the stock exchanges on August 20.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

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