SD Retail Logo IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 20 Sep 2024
Close Date
Tue, 24 Sep 2024
Price Band
₹ 124 – 131
Lot Size
1000
Issue Size
₹ 64.98 Cr
Minimum Investment
₹ 262,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
SD Retail Logo IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹64.98 Crore, comprising a fresh issue of 49.60 Lakh equity shares aggregating to ₹64.98 Crore.
The SD Retail Logo IPO remained open for subscription from September 20, 2024, to September 24, 2024. The basis of allotment was finalized on September 25, 2024, and the company's shares were listed on NSE SME Platform on September 27, 2024.
The company had fixed the price band at ₹124 to ₹131 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹262,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, SD Retail Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
SD Retail Logo IPO Timeline (Tentative)
- IPO Open Date
- Fri, 20 Sep 24
- IPO Close Date
- Tue, 24 Sep 24
- Basis of Allotment
- Wed, 25 Sep 24
- Initiation of Refunds
- Thu, 26 Sep 24
- Credit of Shares to Demat
- Thu, 26 Sep 24
- Listing Date
- Fri, 27 Sep 24 — NSE & BSE
Open Date
20 September 2024
Close Date
24 September 2024
Basis Of Allotment
25 September 2024
Listing Date
27 September 2024
IPO Subscription
Check Live Subscription →The SD Retail Logo IPO has received bids for 32,04,28,000 shares against 32,98,000 shares offered, resulting in an overall subscription of 97.16x. the NII category is subscribed 207.98x, Retail Investors 65.25x, and QIBs 69.84x.
QIB
69.84x
NII
207.98x
RII
65.25x
Total
97.16x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,49,000 shares, representing 33.25% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,42,000 shares (18.99%), while Non-Institutional Investors (NIIs) receive 7,07,000 shares (14.25%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 1,412,000 | 28.47% |
| Market Maker | 250,000 | 5.04% |
| Qualified Institutions | 942,000 | 18.99% |
| Non-Institutional | 707,000 | 14.25% |
| Retail Investors | 1,649,000 | 33.25% |
| Total | 4,960,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
SD Retail Limited KPI Information
| 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 |
Peers Comparison
No Peer Comparision Available
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
SD Retail Limited Address / Contact Details
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
SD Retail Logo IPO Lot Size
The SD Retail Logo IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,31,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,31,000.
| 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 |
Issue Reservation
- Anchor Investors — 28.47%
- Market Maker — 5.04%
- QIB — 18.99%
- NII — 14.25%
- RII — 33.25%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the SD Retail Logo 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.
When will the SD Retail Logo IPO open for subscription?
The SD Retail Logo IPO opens on Fri, Sep 20, 2024 and closes on Tue, Sep 24, 2024
What is SD Retail Logo IPO Price Band?
SD Retail Logo IPO Price Band is ₹124 to 131 per share.
What is SD Retail Logo IPO Lot Size?
SD Retail Logo IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹262000 based on the upper price band
What is the minimum investment for SD Retail Logo IPO?
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.
How to apply for SD Retail Logo IPO?
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.
What is SD Retail Logo IPO Issue Size?
SD Retail Logo IPO issue size is ₹64.98 crores.
What is the SD Retail Logo IPO Allotment Date?
SD Retail Logo IPO allotment date is Wed, Sep 25, 2024.
Who is the SD Retail Logo IPO Registrar?
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.
What is the SD Retail Logo IPO GMP?
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 0.00% over the issue price.
Who is the SD Retail Logo IPO Lead Manager?
The book-running lead managers (BRLMs) for the SD Retail Logo IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the SD Retail Logo IPO Red Herring Prospectus (RHP).