SD Retail Logo IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 124 – 131
Lot Size
1000
Issue Size
₹64.98 Cr
Minimum Investment
₹262000 (2000 Shares)
Listing Date
27 September 2024
Subscription
97.16x
About the Company
SD Retail Limited specializes in designing, manufacturing, outsourcing, marketing, and retailing sleepwear under the brand name ‘SWEET DREAMS’. SWEET DREAMS is committed to offering a wide range of stylish and comfortable sleepwear for the entire family, celebrating the transition from work to home life and catering to every aspect of relaxation.
The SWEET DREAMS brand primarily addresses the sleepwear needs of the modern Indian woman, who is highly engaged across various retail channels. The company also provides sleepwear for men and children, with casual clothing often purchased by women in the household. SD Retail offers two distinct product lines at different price points: Essentials and Fashion. Essentials feature a limited range of designs, lower average selling prices (ASPs), and are available year-round with frequent repeat purchases. Fashion offers seasonal designs, higher ASPs, and is available during the Autumn/Winter and Summer seasons.
As of 29 February 2024, SD Retail distributes its products through distributors, exclusive brand outlets (EBOs), and multi-brand outlets (MBOs) across various states and union territories in India. The company also sells through e-commerce platforms such as Myntra, AJIO, Nykaa, Flipkart, Amazon, and its own website. As of 31 May 2024, SD Retail employs 240 individuals across various departments.
Promoters
The Promoters of the company are
- Mr. Hitesh Pravinchandra Ruparelia
- Mr. Utpalbhai Pravinchandra Ruparelia
- M/s. Sweet Dreams Loungewear (India) LLP (Formerly known as Sweet Dreams Loungewear (India) Private Limited)
- M/s. Grace Garments LLP.
Promoters Holding
Holding Pre Issue
88.82%
Holding Post Issue
65.29%
Objects of the Issue
The company intend to utilize the net proceeds of the Issue to meet the following objectives: -
- Capital expenditure to be incurred by the Company for setting up new exclusive brand outlets (“EBOs”)
- Funding Working Capital Requirement
- General Corporate Purpose
Address / Contact Info
SD Retail Limited
C-929, Stratum at Venus ground,
Nr. Jhansi Ki Rani Statue, Nehrunagar
Ambawadi, Ahmedabad -380006
Phone: +91 7043106787
Email: info@sweetdreamsindia.com
Website: https://www.sweetdreams.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 20 September 2024
IPO Close Date
Tuesday, 24 September 2024
Basis of Allotment
Wednesday, 25 September 2024
Initiation of Refunds
Thursday, 26 September 2024
Credit of Shares to Demat
Thursday, 26 September 2024
Listing Date
Friday, 27 September 2024 — NSE & BSE
Important Dates
Open Date
20 September 2024
Close Date
24 September 2024
Basis Of Allotment
25 September 2024
Listing Date
27 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 12225.54 | 8835.65 | 7759.56 |
| Revenue | 16328.48 | 13568.86 | 12873.65 |
| Profit After Tax | 759.76 | 430.17 | 1011.06 |
| Net Worth | 4179.98 | 3420.22 | 2990.04 |
| Reserve & Surplus | 4054.87 | 3357.66 | 2927.49 |
| Total Borrowings | 4354.72 | 2051.31 | 1844.13 |
EPS Pre
5.52%
EPS Post
4.06%
P/E Pre
23.73
P/E (Post Issue)
32.28x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 6.29 |
| ROCE % | 15.61 |
| Debt / Equity | 1.04 |
| RoNW % | 18.18 |
| PbW | 4.31 |
| Pat Margin % | 4.67 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1412000 | 28.47 | 0 |
| Market Maker | 250000 | 5.04 | 0 |
| Qualified Institutions | 942000 | 18.99 | 0 |
| Non-Institutional | 707000 | 14.25 | 0 |
| Retail Investors | 1649000 | 33.25 | 0 |
| Total | 4960000 | 100 | 0 |
Subscription Status ( Tue, 24 Sep 24 12:17 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 942000 | 65791000 | 69.84x |
| Non-Institutional | 707000 | 147040000 | 207.98x |
| Retail Investors | 1649000 | 107597000 | 65.25x |
| Total | 3298000 | 320428000 | 97.16x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 131,000.00 |
| Retail (Max) | 1 | 1,000 | 131,000.00 |
| S-HNI (Min) | 2 | 2,000 | 262,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
SD Retail Logo IPO is a Book-building IPO worth ₹64.98 crores. The price band is ₹124 to 131 per share. The IPO opens on Fri, Sep 20, 2024 and closes on Tue, Sep 24, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The SD Retail Logo IPO opens on Fri, Sep 20, 2024 and closes on Tue, Sep 24, 2024
SD Retail Logo IPO Price Band is ₹124 to 131.
SD Retail Logo IPO lot size is 1000, and the minimum amount required for application is ₹262000.
The minimum investment for SD Retail Logo IPO is approximately ₹262000 based on the upper price band.
To apply for the SD Retail Logo IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 24, 2024. After submission, funds are blocked until the basis of allotment of SD Retail Logo IPO is finalised.
SD Retail Logo IPO issue size is ₹64.98 crores.
SD Retail Logo IPO allotment date is Sat, Jun 27, 2026.
The registrar for SD Retail Logo IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to SD Retail Logo IPO through their official website or helpline.
The SD Retail Logo IPO GMP (Grey Market Premium) is ₹0 as of Fri, Sep 27, 2024. Based on the upper price band of ₹131 per share, the estimated SD Retail Logo IPO listing price is ₹131, indicating a potential listing gain of approximately 31% over the issue price.