The share allotment of Saraswati Saree Depot IPO is likely to be finalised tomorrow. Investors will get shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.
Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Please select the issue name, that is the company's name in the drop down.
Step 3: Enter the application number or PAN number to check the allotment status.
To check the status of Saraswati Saree Depot IPO allotment through the registrar, which is Link Intime India in this case, kindly follow the below steps.
Step 1: Visit the Link Intime India website (https://ipo.bigshareonline.com/IPO_Status.html)
Step 2: Select Saraswati Saree Depot IPO
Step 3: Enter the PAN details and click search to know the status
Saraswati Saree Depot GMP
The company's shares are expected to get listed on the exchanges on August 20. In the unlisted market, the company's shares are trading with a GMP of Rs 100, which translates to a premium of 62% to the issue price.
Saraswati Saree Depot subscription
The IPO of Saraswati Saree Depot received an overwhelming response from investors with an overall subscription of over 107