Saraswati Saree Depot Limited IPO Message Board (Page 14)

Kindly someone help me clear my doubt, Usually I apply for 1 Retail Lot in every IPO through Upstox App, now can i apply for 1 Retail Lot from my wife's Upstox account with my UPI id?

​@Sagar Puri Goswami  If you drive a bike without helmet and never had to pay any fine, does not mean driving without helmet is permitted.

​@Baradi Shivakumar  Please note third party applications are not permitted anymore and some rare cases where people claimed having got allotment through third party application does not form any basis that we start following it. To the question, whether you can - yes you can but in all probabilities it is liable to be rejected.

create UPI for your wife and apply that is safe.

Is Saraswati Saree Depot a warehouse that sells sarees and dress materials to E-commerce sites like Amazon or a company that manufactures and produces Sarees having its own factory?

Saraswati Saree Depot is engaged in manufacturing and wholesale women's apparel. Its primary business is the sarees wholesale (B2B) segment. It is also engaged in the wholesale business of other traditional women's apparel.

It sources sarees and other women’s apparel from more than 900 weavers/suppliers across different states in India. It current product catalog lists more than 300,000 different SKUs. The company majorly sells products in southern and western regions comprising mainly Maharashtra, Goa, Karnataka, and Tamil Nadu.

One may check their official website and RHP if interested in details.

I'm applying 17 lots 2 application, others if possible plz join

Issue is expected to be super oversubscribed and it makes no point bidding for more than 14 lots per application as in a lottery 14 lots or 17 lots or more lots - all are assessed equally and sHNI allotment will be restricted to just 14 lots.

Apply full force

BigShi* is the registrar. No need to apply. Just block/unblock game.

GMP Rocket 🚀 52 High

हिडेनबर्ग रिटर्न्स और बुलबुले रिटर्न्स। आगे आगे देखिए होता है क्या। बस दुख यही है कि इन्वेस्टर्स हो भुगतते है। दोनों मैडम ने ऐसे ही हालत खस्ता कर रखी है मिडिल क्लास की। कर भला तो हो भला।।

Effect is visible in adani shares...

But investors are also responsible, they blindly invest. All invest in running engines like suzlon, adani, iredaetc.

No anchor investors

Wouldnt be there but dont know why???

which is the best bank to apply SHNI/BHNI through ASBA for minors?

Hi! Members,

Do any of you use 'Federal Bank' ASBA for IPO applications? Do they allow Mainboard, SME, Rights issue as well as NCD application via ASBA?
Please share your experience if you have used their service.

Any inputs on this folks? It's kind of urgent

Federal or Yes Bank whichever is good for ASBA (SME + NCD + Mainline Application facility needed)

Bajaj housing finance ipo approved by sebi 2 days ago.can someone tell me expected month this ipo coming to market??

Near diwali
Also keep updating here platform

When Afcons Infra IPO coming ??

Afcons Infrastructure Ltd had filed DRHP with SEBI to raise Rs 7,000 crore through IPO during April 2024 and after certain observations, addendum to DRHP was filed in first week of August 2024.

Generally SEBI takes about 5 to 6 weeks for final approval. We should get update on this counter soon.

​@IPOMantra 
Tentatively In September Mid-End

3 weeks back, I have posted about platinum industries, almost doubled and rising with huge volumes daily. Anything cooking in company?

Very small size IPO

Similar to
Sai silk kalamandir

Wouldn't Sai Silks be better bet than this? What works in favour of Sai Silks according to me:
1. Its available at similar valuations.
2. It is a bigger business overall. (Sai Silks did 4x PAT in 2024)
3. Also Sai Silks will have higher margins as it is a retailer.

remember one thing that kalamandir didnt get full subsciption means whoever applies gets IPO. my senior didnt apply but i applied and extrated listing gain of 2500

Dulhan ki saadi (saree) banate / bechte yeh khud Dulhani ho gaye...🤔

​@Old.Fox Yes, even I have come across people with surnames like Postwala and Darukhanewala 😊 Though these gentlemen are also accomplished in their respective fields and have nothing to do with delivering posts or being daarubaaj 😜
Let's hope 'Saraswati' ji ki kripa hogi aur 'Lakshmi' ji bhi aayengi 🍀

​@Chhote Lal True, surnames can be deceptive these days. Well, let's hope for the best....

Small issue size+Bigshare factor

Forum k 90% logo ko non-allotment ka msg aayega

aayega nai aa gya tumne bol diya so 😜

​@Admin @ Chittorgarh.com 
​@Prachi @ Team Chittorgarh.com 

Please Correct The M.cap
It's Coming At 633.6 cr

I feel the No.of Shares Outstanding Post-issue Number Has Also went Wrong

It Should Be 3,95,99,800

And PE At 21.5×

Issue size or number of shares is wrong.
1.08 x 160 != 160

Greetings,

Corrected the same.

Thanks for the feedback.

Very Important Thing in Saraswati Saree Depot IPO :

No Anchor Allocation Will Be Done

Complete 50% Quota Will Be Reserved For QIB's Who Can Sell Their Complete Holding on Day 1

So High Chances Of Heavy Selling on Listing Day

Also Lead Manager ( Unistone ) And Company Can Close Subscription For QIB on 2nd Day Only

So Avoid Taking Aggressive Positions

Thank you

Hi Tanmay,
Could you please explain how a company can close a subscription for QIBs on the second day, and even before the official issue closing date ie. 14th August 2024?

Thanks!

New Mainboard IPO

Saraswati Saree Depot Limited

Date : 12-14 August
Issue Size : 1 cr Shares
Fresh - 65 Lakh Shares
OFS - 35 Lakh Shares

FV : 10
Retail : 35%

FY23 :
Rev - 603 cr
PAT - 23 cr

FY24 :
Rev - 612.6 cr
PAT - 29.5 cr

Are You Excited !

Retail is not 10%. It's 35% only.

​@Paymzia @Prakash Nayak 
Above screenshot showing 10% for retail was from CG only, observed that it has been corrected now to 35% 🙂