Saraswati Saree Depot IPO will finalise its share allotment on August 16. The issue was opened on August 12 and stopped taking bids on August 14. The issue raised Rs 160.01 crore through a combination of fresh shares and an offer for sale. Here’s how you check the status step-by-step:

Step 1 

Go to your browser and search for Bigshare Services

Step 2

Open the website of Bigshare Services and click on the IPO allotment status box on the left side of the screen. 

Step 3

Fill in all your details – the company’s name and Application number, Beneficiary ID, or PAN number (any of the three). 

Step 4 

Enter the captcha and hit the search button. 

IPO Details

The listing of the issue is expected to be on BSE and NSE on August 20, as per the tentative schedule. The company had kept the IPO price band in a range of Rs 152 to Rs 160 per equity share. The minimum investment for retail buyers was Rs 14,400 or a lot of 90 shares. 

BRLM and Registrar

Unistone Capital is the book-running lead manager of the IPO, while Bigshare Services is the registrar for the issue.