Saraswati Saree Depot IPO GMP Today
The Saraswati Saree Depot IPO GMP is ₹42 (+26.3% over the upper price band of ₹160) as of 16 Aug 2024, giving an estimated listing price of ₹202 per share. On a minimum application of 90 shares, that is an estimated gain of ₹3,780. GMP has fallen by ₹6 since tracking began on 15 Aug.
Last updated
- Issue Price
- ₹160
- GMP
- ₹42
- GMP %
- +26.3%
- Est. listing
- ₹202
- Est. gain / application
- +₹3,780
Saraswati Saree Depot IPO GMP trend
Tracked for 10 days. High ₹80 on 13 Aug, low ₹20 on 8 Aug.
Saraswati Saree Depot IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (90 sh) |
|---|---|---|---|---|---|
| (latest) | ₹42 | 0 | 26.25% | ₹202 | +₹3,780 |
| ₹42 | +₹22 | 26.25% | ₹202 | +₹3,780 | |
| ₹20 | -₹15 | 12.50% | ₹180 | +₹1,800 | |
| ₹35 | 0 | 21.88% | ₹195 | +₹3,150 | |
| ₹35 | -₹17 | 21.88% | ₹195 | +₹3,150 | |
| ₹52 | -₹13 | 32.50% | ₹212 | +₹4,680 | |
| ₹65 | -₹15 | 40.63% | ₹225 | +₹5,850 | |
| ₹80 | +₹25 | 50.00% | ₹240 | +₹7,200 | |
| ₹55 | +₹7 | 34.38% | ₹215 | +₹4,950 | |
| ₹48 | — | 30.00% | ₹208 | +₹4,320 |
Est. listing = upper price band (₹160) + GMP. Est. gain = GMP × 90 shares (1 lot, the minimum application).
Saraswati Saree Depot IPO subscription status
| QIB | 64.12x |
|---|---|
| bNII | 389.28x |
| sNII | 297.38x |
| Retail | 61.88x |
| Total | 107.52x |
Reading the Saraswati Saree Depot IPO GMP
The grey market premium is the price above the issue price at which Saraswati Saree Depot IPO shares are informally traded before listing. A GMP of ₹42 on an upper band of ₹160 suggests the shares could open around ₹202, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
Saraswati Saree Depot IPO GMP: FAQs
- What is Saraswati Saree Depot IPO GMP today?
- The latest grey market premium (GMP) for the Saraswati Saree Depot IPO is ₹42 as of 16 August 2024, which is 26.25% over the upper price band of ₹160.
- What is the expected listing price of Saraswati Saree Depot IPO?
- Based on the current GMP, the estimated listing price of Saraswati Saree Depot IPO is ₹202 per share (₹160 issue price + ₹42 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Saraswati Saree Depot IPO?
- The lot size is 90 shares. The minimum application is 1 lot, which costs ₹14,400 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.