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Saraswati Saree Depot Ltd shares made their stock market debut at a premium of 25% against the issue price of Rs 160. The company's market valuation stood at Rs 831.40 crore.

Saraswati Saree Depot's IPO was oversubscribed by 107.39 times on Wednesday, with strong demand across all investor categories. The company plans to use the proceeds for working capital and general...