FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Saraswati Saree Depot IPO Allotment Status Link

IPO Status: Listed [12th Aug 2024 to 14th Aug 2024]

Rated 3/5 by Team InvestorGain

Saraswati Saree Depot IPO Details

We can help you to open your demat account

Zerodha Trade@20

Want to start your investment journey, join India’s Pioneer Discount Broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account

The allotment of shares of Saraswati Saree Depot IPO worth ₹160.01 Cr to be finalized/declared on 16th Aug 2024 and the shares are expected to list on 20th Aug 2024. Anyone who have applied for the Saraswati Saree Depot public issue can check allotment status online on the registrar's official website. Check out Saraswati Saree Depot IPO Allotment URL and step by step guide on how to check allotment status online?
IPO Details Values
IPO Open Date 12th Aug 2024
IPO Close Date 14th Aug 2024
IPO Issue Size ₹160.01 Cr
IPO Issue Price ₹152.00-160.00
Market Lot 90 Shares
>> IPO Current GMP

Saraswati Saree Depot IPO Dates

Latest and updated information about Saraswati Saree Depot IPO. Dates are updated as they are announced.

IPO Activity Date
IPO Open Date 12th Aug 2024
IPO Close Date 14th Aug 2024
Basis of Allotment
Finalisation Date*
16th Aug 2024
Refunds Initiation* 19th Aug 2024
Credit of Shares
to Demat Account*
19th Aug 2024
IPO Listing Date* 20th Aug 2024

* - Tentative Dates

Once an IPO closes for subscription, registrar prepares a basis of allotment in line with SEBI's guidelines. Allotment generally takes place within 1 to 3 days after issue closure.

IPO applicant in any category; QIB, NII, or Retail investor can check the allotment status on the official website of the IPO registrar. Check the Saraswati Saree Depot IPO allotment link below:

How to check Saraswati Saree Depot IPO Allotment Status?

Follow the below steps to know whether you got the ASaraswati Saree Depot public issue IPO allotment or not;

  1. Visit to the Bigshare Services (registrar's) IPO allotment page (Link)
  2. Select the issuer company name as Saraswati Saree Depot from the drop-down menu.
  3. Now, choose to enter either your PAN number, IPO Application number, or DP client ID/Demat account number.
  4. Enter details as per selected option.
  5. Tap on the 'Search' option and the allotment status will be appear on the screen.
  6. The screen will display shares applied by you and shares alloted to you.

Note: As registrar is respomsible for the allotment, credit of shares, and refund processes. Thus, in case of any discrepency regarding shares allocation and refunds, you can raise your query to the registrar ([email protected]).

You will also be intimated for allotment status by your bank and broker via email and SMS. A bidder can also check the allotment status by login to their Demat account with your broker.

What is a basis of Allotment?

When an IPO bidder wants to know how shares are allotted to different categories of investors, he/she must check IPO basis of allotment (BOA).

Basis of allotment (BOA) is an important document prepared by registrar to provide complete details on how many applications or bids have been received for the public issue by anchor investors, QIBs, NIIs, and Retail investors (RII) and the ratio of shares allocations. Thus the document shows the IPO demand by providng details on number of applications received along with the shares reserved across categories, and the shares allocation ratio for different categories of applicants.

The allocation ratio in the BOA specifies that how many applicants will receive one lot of shares among specified number of applicants. For instance, if the ratio is 1:10 means every 1 out of 10 IPO applicants will receive one IPO lot.

Last Updated on 2024-08-24T07:03:27+00:00

Our experts can help you prepare for SME IPO

SME IPO Enquiry

Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form

FAQs

Saraswati Saree Depot IPO shares allotment decision can be expected by 16-08-2024.

 

Once the shares are allotted by the company then you can check the Saraswati Saree Depot IPO allotment status online here >>Link. You just need to enter your PAN number or DP client ID to know the allotment status. Alternatively, one can also check the IPO allotment status on the registrar's website or with your broker itself.

 

Once shares are allotted and refund has made then thereafter, the IPO will be listed in the market. TheSaraswati Saree Depot IPO shares are expected to list by 20-08-2024.

 

After successful allotment of the Saraswati Saree Depot IPO on 16-08-2024, the share will be credited to your demat account next day. Investors whom shares will be allotted will get its delivery in their demat account, however, for those whom shares have not been allotted will get refunds of the payment made.