Saraswati Saree Depot IPO GMP today, price, listing, gain: Grey market booster?

Saraswati Saree Depot IPO GMP today, price, listing, gain: Grey market booster?

Saraswati Saree Depot IPO GMP today, price, listing, gain: The initial public issues space is ticking along nicely, barring a few shocks that it managed to absorb quickly. The same is being seen in the Saraswati Saree Depot IPO GMP today. Saraswati Saree IPO GMP today has risen magnificently from Friday’s close. Grey market is offering a sneak peek at the estimated listing price, gain and more. Now that the subscription, allotment and all the other processes are over, Saraswati Saree IPO listing date is being keenly awaited by investors. 

Saraswati Saree IPO GMP today

For the lucky investors who made it through the allotment process, the Saraswati Saree IPO GMP today is Rs 46, as per InvestorGain. It was Rs 42 on August 16. The unofficial grey market is giving this IPO a thumbs up so far. With the price band set at Rs 160, the Saraswati Saree Depot IPO listing price is estimated at Rs 206! At this GMP,  the estimated Saraswati Saree IPO listing gain can be around 28.75 per cent. 

Saraswati Saree Depot IPO listing date

The tentative Saraswati Saree Depot IPO listing date is August 20, 2024. However, do note that ideally, it was expected to be on August 19, but due to the national holiday in between, it was postponed by a day. The company will make its stock market debut on both BSE, and NSE.

Saraswati Saree Depot IPO price band, size, book running manager, registrar

Saraswati Saree IPO price band was set in the range of Rs 152 to Rs 160 per share and the IPO size is Rs 160 crore. The fresh issue component is 0.65 crore shares worth Rs 104 crore. The offer for sale component is 0.35 crore shares valued at Rs 56.02 crore.

Saraswati Saree IPO book running lead manager is Unistone Capital while the registrar is Bigshare Services Pvt Ltd.

(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

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