SD Retail Logo IPO Details
The SD Retail Logo IPO is a book build issue with a total issue size of ₹64.98 cr, comprising of fresh issue of 4960000 equity shares. SD Retail Logo IPO opened for subscription on Sep 20, 2024 and closed on Sep 24, 2024. SD Retail Logo IPO is set price band at ₹124 to ₹131 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹262,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 25, 2024, and listed on the NSE on Sep 27, 2024.
Kfin Technologies Limited has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the SD Retail Logo IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 124 – 131
- Lot Size
- 1000
- Issue Size
- ₹64.98 Cr
- Minimum Investment
- ₹262000 (2000 Shares)
- Listing Date
- 27 September 2024
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About SD Retail Limited
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.
SD Retail Logo IPO 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%
SD Retail Logo IPO Objective
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
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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 with a total issue size of ₹64.98 crore. The SD Retail Logo IPO price band is ₹124 to 131 per share. The SD Retail Logo IPO subscription opens on Fri, Sep 20, 2024, and closes on Tue, Sep 24, 2024. The SD Retail Logo IPO will be listed on the NSE. Kfin Technologies Limited is the registrar for the SD Retail Logo IPO.
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 per share.
SD Retail Logo IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹262000 based on the upper price band
The minimum investment for SD Retail Logo IPO is ₹262000, based on one lot of 1000 shares at the upper price band of ₹131 per share.
Investors can apply for the SD Retail Logo IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 24, 2024. The application amount remains blocked until the SD Retail Logo IPO allotment is finalized.
SD Retail Logo IPO issue size is ₹64.98 crores.
SD Retail Logo IPO allotment date is Wed, Jul 1, 2026.
The registrar for SD Retail Logo IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check SD Retail Logo IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.