Saraswati Saree Depot IPO: Saraswati Saree Depot IPO sails through on Day 1 on strong NII, retail bidding

Saraswati Saree Depot IPO: Saraswati Saree Depot IPO sails through on Day 1 on strong NII, retail bidding

The initial public offer (IPO) of Saraswati Saree Depot, which opened for subscription earlier today, sailed through within hours of opening. The subscription for the IPO, which closes on August 14, stood at 2.46 times so far on Day 1. The issue was fully subscribed in all the categories, but retail and non-institutional investors led … Read more