Saraswati Sadi Depot is a Saree /textile wholesaler from Gandhinagar, Kolhapur, Maharashtra.
IPO is open for public now, between 12 and 14th August.
I am a apparel / textile businessesman and I know this firm since last 15 years. We are dealing with them since last 20 years.
Does anybody know any insights regarding the IPO?
I know the promoters personally, they are very honest and professional.
But valuation is very steep.
They have sale of Rs 600+ cr and they are almost asking for similar valuations.
Their have already penetrated their core market, Maharashtra - Goa - Karnataka. It would be difficult for them to move to new market which are at long distance from their headquarters.
So does anyone know how to value them?
There was no thread about this on this forum, that’s why creating new thread.
Moderator, please remove or subcategories this if I have posted wrongly.