Closed
Saraswati Saree Depot Limited logo

Saraswati Saree Depot Limited IPO

Mainboard IPOListedSSDLNSE
Current Market Price (CMP)
₹58.82(-63.24%)
Current Price (CMP)
₹58.82(-63.24%)

Live Market Quote

Listing Price & Gain
₹194(+21.25%)

Day 1 Exchange Open

IPO Issue Price
₹160

Band: ₹152 - ₹160

Total Subscription
107.52x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
12 Aug 2024
IPO Bidding Closes
14 Aug 2024
Allotment & Refunds
Completed
Exchange Listing Day
20 Aug 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 107.52x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)64.12x
Non-Institutional Investors (NII / HNI)358.65x
Retail Individual Investors (RII)61.88x
Total Subscription107.52x
Updated as on 14-Aug-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+21.25%
₹160 (Issue) → ₹194 (List)
Per share profit: +₹34.00
Holding Return (Till Date)-63.24%
₹160 (Issue) → ₹58.82 (CMP)
Net gain per share: ₹-101.18
Post-Listing Performance (Listing Day → Today):-69.68%

About Saraswati Saree Depot Limited IPO

Saraswati Saree Depot Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 12 Aug 2024 and concluded on 14 Aug 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹152 - ₹160.

During the bidding window, Saraswati Saree Depot Limited witnessed heavy demand with an overall subscription of 107.52 times. Institutional investors (QIB) subscribed 64.12x, non-institutional high-net-worth investors (NII) subscribed 358.65x, and retail individual investors (RII) bid 61.88x their reserved quota.

The equity shares of Saraswati Saree Depot Limited officially debuted on the stock exchanges on 20 Aug 2024 at an opening listing price of ₹194, delivering a listing day return of +21.25% (premium) over the final issue price. As per the latest market data, the stock trades at ₹58.82, representing an overall decline of -63.24% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Saraswati Saree Depot Limited IPO?
The issue price of Saraswati Saree Depot Limited IPO was fixed at ₹160 per equity share. The indicative bidding price band was ₹152 - ₹160.
What were the open, close, and listing dates for Saraswati Saree Depot Limited IPO?
Saraswati Saree Depot Limited IPO opened on 12 Aug 2024, closed on 14 Aug 2024, listed on 20 Aug 2024.
How much was Saraswati Saree Depot Limited IPO subscribed?
The IPO received an overall subscription of 107.52 times. Category-wise, QIBs subscribed 64.12x, NIIs subscribed 358.65x, and Retail investors subscribed 61.88x.
What was the listing price and listing gain of Saraswati Saree Depot Limited IPO?
Saraswati Saree Depot Limited IPO listed on the stock exchange at ₹194, delivering a listing gain of 21.25% compared to the IPO issue price of ₹160.
Is Saraswati Saree Depot Limited IPO a Mainboard or SME IPO?
Saraswati Saree Depot Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Saraswati Saree Depot Limited IPO since its IPO?
At the latest market quote of ₹58.82, Saraswati Saree Depot Limited IPO has generated an all-time return of -63.24% since its initial public offering.

Related Mainboard IPOs (2024)