Saraswati Saree Depot IPO Subscription Status
Saraswati Saree Depot IPO was subscribed 107.39 times when bidding closed on 14 Aug 2024: QIB 64.12x, NII 358.47x, Retail 61.59x.
The Saraswati Saree Depot IPO has been subscribed 107.39x times overall. Retail investors have shown interest with bids for 61.59x the shares available. The Non-Institutional Investor (NII) category has been subscribed 358.47x. Within NII, Big HNI (B-HNI) subscribed 389.28x and Small HNI (S-HNI) subscribed 296.85x. Qualified Institutional Buyers (QIBs) have subscribed 64.12x. Data last updated on 10 Nov, 06:50 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 Aug, 2024 and closes on 14 Aug, 2024. The shares are expected to list on stock exchanges on 20 Aug, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 64.12x |
| NII | - of - - | 358.47x |
bHNI — bid amount above ₹10 Lakh |
- - | 389.28 |
sHNI — bid amount ₹2–10 Lakh |
- - | 296.85 |
| Retail | - of - - | 61.59x |
| TOTAL | - - | 107.39x |
Saraswati Saree Depot IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 62 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 64.12x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
14 Aug 2024
Day 3 |
107.39x | ▼ | |
|
QIB64.12x
BHNI389.28x
SHNI296.85x
Retail61.59x
|
|||
|
13 Aug 2024
Day 2 |
16.34x | ▼ | |
|
QIB1.32x
BHNI54.61x
SHNI62.3x
Retail20.3x
|
|||
|
12 Aug 2024
Day 1 |
4.37x | ▼ | |
|
QIB1.19x
BHNI12.65x
SHNI12.55x
Retail5.39x
|
|||
Saraswati Saree Depot IPO dates
From the bidding window to listing. Today is 11 November.
- Open 12 Aug 2024
- Close 14 Aug 2024
- Allotment 16 Aug 2024
- Refund/credit 19 Aug 2024
- Listing 20 Aug 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Saraswati Saree Depot IPO?
As of IPO close date (14 Aug, 2024), the Saraswati Saree Depot IPO is subscribed 107.39x times. Retail category is 61.59x, and NII is 358.47x subscribed.
When is the allotment date for Saraswati Saree Depot IPO?
The allotment for Saraswati Saree Depot IPO is expected to be finalized on 16 August, 2024.
What is the GMP of Saraswati Saree Depot?
The Grey Market Premium (GMP) for Saraswati Saree Depot is currently ₹20, indicating a potential listing gain of 12%.
When will Saraswati Saree Depot IPO list on the stock market?
Saraswati Saree Depot is scheduled to list on BSE and NSE on 20 August, 2024.
What are the chances of getting allotment in Saraswati Saree Depot IPO?
The retail category is oversubscribed at 61.59x, meaning allotment is by lottery. Statistically, approximately 1 in 62 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 64.12x mean for Saraswati Saree Depot IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 64.12x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Saraswati Saree Depot IPO allotment status?
After the allotment date (16 Aug, 2024), you can check your Saraswati Saree Depot IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Saraswati Saree Depot IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
