August 12, 2024 - August 14, 2024

Saraswati Saree Depot IPO Review & Recommendations

Canara Bank Securities Ltd, Dilip Davda, Marwadi Shares and Finance Ltd and Ventura Securities Limited have given "Apply" recommendation to Saraswati Saree Depot IPO. Swastika Investmart Ltd has given "May Apply" recommendation to Saraswati Saree Depot IPO. Capital Market has "Neutral" view about the IPO. Axis Capital has "Not Rated" the IPO.

Saraswati Saree Depot IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	4	1	1	0	1
%	57.14	14.29	14.29	0.00	14.29

Saraswati Saree Depot IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Canara Bank Securities Ltd	Apply
Capital Market	Neutral
Dilip Davda	Apply
Marwadi Shares and Finance Ltd	Apply
Swastika Investmart Ltd	May Apply
Ventura Securities Limited	Apply

Saraswati Saree Depot IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Saraswati Saree Depot IPO is 40. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	40	Avoid, however active risk seekers can try

Saraswati Saree Depot IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company has unique model of saree whole selling and has over 300000 SKUs procured from 900+ weavers and marketed to 13000+ customers, who are largely semi wholesaler/retailers. Thus it operates on B2B model with 90+% revenue from sale of Sarees. Recently, it diversified into kurti and dress materials along with branded suiting/shirting for men that is contributing the rest. Considering the trends set by its unique business model, investors may park funds for medium to long term. Read detail review...

Saraswati Saree Depot IPO Peer Comparison

Saraswati Saree Depot Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Saraswati Saree Depot Limited	8.92	8.92	19.61		45.49	Consolidated
Go Fashion (India) Ltd	15.32	15.32	111.81	71.8	13.71	Consolidated
Sai Silks (Kalamandir) Limited	7.51	7.51	72.14	21.34	9.49	Consolidated

Notes:

All the financial information for the listed industry peers mentioned above is on a Standalone/Consolidated basis as available sourced from the Financial Reports of the peer company uploaded on the NSE website for the year ended March 31, 2024.
The P/E Ratio has been computed based on the closing market price of equity shares on the NSE website on August 5, 2024, divided by diluted EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the weighted average number of equity shares.

Saraswati Saree Depot IPO Review by Members

Saraswati Saree Depot IPO Reviews, analysis and views by popular members. Read Saraswati Saree Depot Limited IPO reviews by retail investors to find recommended ipo to buy.

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Saraswati Saree Depot IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	1	0	1
%	0.00	50.00	0.00	50.00

Member	Review
Dhanvantri	May Apply for Listing Gain at Upper Price Band Negetive cash in hand borrowing some how high.May apply for listing gains August 13, 2024 8:56:08 AM
chIPOrgarh (300+ Posts)	Avoid poor profit margin. issue price is on the higher side. August 7, 2024 11:41:20 AM

Member

Review

Dhanvantri

May Apply for Listing Gain at Upper Price Band

Negetive cash in hand borrowing some how high.May apply for listing gains

August 13, 2024 8:56:08 AM

chIPOrgarh (300+ Posts)

Avoid

poor profit margin. issue price is on the higher side.

August 7, 2024 11:41:20 AM

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