Saraswati Saree Depothas debuted at Rs 200.00 on the BSE, up by 40 points or 25% from its issue price of Rs 160.00.
The scrip is currently trading at Rs 209.95, up by 49.95 points or 31.22% from its issue price.
It has touched a high and low of Rs 209.95 and Rs 190.00 respectively. So far 7.30 lakh shares were traded on the counter.
The offering, which was open for subscription between August 12, 2024 and August 14, 2024 was subscribed 107.39 times. The issue price was fixed at Rs 160.00 per share i.e. at upper end of price band of Rs 152-160 apiece.
Saraswati Saree Depot is engaged in the wholesale business of other women’s apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.
