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Initial public offer of up to 10,800,000 equity shares of face value of Rs. 10 each (Equity Shares) of Saraswati Saree Depot Limited (Company or Issuer) for cash at a price of Rs. [] per equity share (including a share premium of Rs. [] per equity share) (Offer Price) aggregating up to Rs. [] crores comprising a fresh issue of up to 7,245,000 equity shares aggregating up to Rs. [] crores by the company (Fresh Issue) and an offer for sale of up to 35,55,000 equity shares aggregating up to Rs. [] crores (Offer for Sale), comprising of up to 711,000 equity shares aggregating up to Rs. [] crores by Tejas Dulhani, up to 711,000 equity shares aggregating up to Rs. [] crores by Amar Dulhani, up to 711,000 equity shares aggregating up to Rs. [] crores by Shevakram Dulhani, up to 711,000 equity shares aggregating up to Rs. [] crores by Sujandas Dulhani, up to 355,500 equity shares aggregating up to Rs. [] crores by Tushar Dulhani, up to 355,500 equity shares aggregating up to Rs. [] crores by Nikhil Dulhani, (collectively the Promoter Group Selling Shareholders) and such equity shares offered by the promoter group selling shareholders (the Offered Shares). (Such offer by each of the promoter group selling shareholders, the Offer for Sale and together with the fresh issue, the Offer). The offer shall constitute up to []% of the post-offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.
Here are the steps to apply for Saraswati Saree Depot Ltd IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.