Saraswati Saree Depot IPO
Textiles/Sarees - Listed on 20 August 2024
Saraswati Saree Depot IPO listing summary
Saraswati Saree Depot (Textiles/Sarees) closed its IPO window in 2024 and listed on NSE and BSE on 20 August 2024 at an upper band issue price of Rs 160, opening at Rs 194 for a listing gain of +21.3% and closing day one at Rs 203.7 (+27.3% on closing basis). The IPO was subscribed 107.38x overall - QIB 64.12x, HNI/NII 358.45x, Retail 61.56x. The total issue size was Rs 160.01 Cr (Fresh Issue Rs 104 Cr, OFS Rs 56.02 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Saraswati Saree Depot IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 30 | +31.25% |
| Day 2 | Rs 30 | +40.63% |
| Day 3 | Rs 32 | +43.75% |
| Day 4 | Rs 50 | +31.25% |
| Day 5 | Rs 70 | +20.00% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Saraswati Saree Depot IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Saraswati Saree Depot IPO - FAQs
What was the listing gain of Saraswati Saree Depot IPO?
Saraswati Saree Depot IPO listed at +21.3% versus the upper issue price of Rs 160 on 20 August 2024.
How many times was Saraswati Saree Depot IPO subscribed?
Saraswati Saree Depot IPO was subscribed 107.38x overall. QIB portion was subscribed 64.12x, HNI / NII 358.45x and Retail 61.56x.
What was the IPO GMP for Saraswati Saree Depot?
IPO GMP started at Rs 30 on Day 1 and moved to Rs 70 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.