The allotment date for Saraswati Saree Depot’s IPO shares is set for tomorrow, Friday, August 16. Investors who applied for the IPO can check if they have received shares through the registrar’s website, Bigshare Services Pvt Ltd. As per BSE data, the IPO received strong interest, with a subscription rate of 107.52 times by the end of the bidding process on Wednesday, August 14.
How to Check Allotment Status on Registrar’s Website
To check your allotment status for Saraswati Saree Depot’s IPO, follow these steps:
- Visit Bigshare Services Pvt Ltd’s website: https://ipo.bigshareonline.com/ipo_status.html
- Select “Saraswati Saree Depot IPO” from the list of companies.
- Enter your details by choosing “PAN Number, Beneficiary ID, or Application No./CAF No.”
You can view the allotment status on your phone or computer.
How to Check Allotment Status on BSE
- Go to the BSE allotment page: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
- Select ‘Equity’ under the ‘Issue Type’ section.
- Choose “Saraswati Saree Depot IPO” from the drop-down menu.
- Enter your application number or PAN.
How to Check Allotment Status on NSE
- Visit the NSE website: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
- Register by clicking ‘Click here to sign up’ and entering your PAN.
- Log in with your username, password, and captcha code.
- Check your IPO allotment status on the next page.
Subscription Status
The Saraswati Saree Depot IPO was highly subscribed, with the final tally showing 107.52 times subscription. Investors placed bids for over 1 billion shares, with only 10 million shares available.
- Non-Institutional Investors (NII) led the subscriptions, with 358.65 times.
- Retail Investors subscribed 61.88 times.
- Qualified Institutional Buyers (QIBs) subscribed 64.12 times.
Saraswati Saree Depot IPO GMP Today
As of today, the grey market premium (GMP) for Saraswati Saree Depot IPO shares is ₹55, meaning the shares are trading at a premium of ₹55 over the issue price in the grey market. Based on the upper price band of ₹160 and the current GMP, the estimated listing price is around ₹215 per share, which represents a 34.38% gain.
The GMP has fluctuated between ₹20 and ₹80, reflecting investor optimism about the potential listing performance.
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