September 19, 2024
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S D Retail GMP grey market premium, review, Subscription, allotment, listing estimate @ Chanakyanipothi.com, a legacy of 31 Years. India`s Oldest Investment & IPO website. Most Trusted by Investors across India. Table of Contents
S D Retail listing Review
S D Retail IPO allotment Link
Subscription status of S D Retail IPO
Will update soonWhat is the business of S D Retail?
SWEET DREAMS provides stylish and comfortable sleepwear for the entire family, perfectly bridging the gap between work and home life. The brand caters to men, women, and children aged 2-16, ensuring a wide range of fits to accommodate diverse body types. As of February 29, 2024, SWEET DREAMS products are available through various channels, including distributors, Exclusive Brand Outlets (EBOs), Multi-Brand Outlets (MBOs), and popular e-commerce platforms like Myntra, AJIO, Nykaa, Flipkart, Amazon, and its own website. This extensive distribution network spans both India and international markets. Operating on an asset-light model, S D Retail Limited efficiently manages its sales operations without owning the properties where its stores are located. This strategic approach supports scalability and facilitates the smooth expansion of Exclusive Brand Outlets (EBOs). By May 31, 2024, the company has grown to employ 240 dedicated professionals across multiple departments
S D Retail IPO Details |
|
| IPO opens on | 20 September 2024 |
| IPO closes on | 24 September 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 4960000 Shares / Rs 64.98 Crore |
| * Fresh Issue | 4960000 Shares / Rs 64.98 Crore |
| * Offer for Sale – | – shares / Rs. – crore |
| Market Maker Portion | 250000 Shares |
| Net offer to Public | 4710000 Shares/ Rs.61.70 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.124-131 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1000 Shares |
| Listing will at | NSE SME |
Shares offered in IPO |
||
| Shares | Rs. (Crore) | |
| QIB (50%) | 2355000 | 30.85 |
| NII (15%) | 706500 | 9.25 |
| RII (35%) | 1648500 | 21.60 |
| Total Shares | 4710000 | 61.70 |
| Retail portion will be oversubscribed by | 1649 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 1000 Shares | Rs.131000 |
| Min HNI Application | 2000 Shares | Rs.262000 |
Who are the Promoters of S D Retail IPO?
The company’s promoters are Mr. Hitesh Pravinchandra Ruparelia and Mr. Utpalbhai Pravinchandra Ruparelia, M/s. Sweet Dreams Loungewear (India) LLP (Formerly known as Sweet Dreams Loungewear (India) Private Limited) and M/s. Grace Garments LLP
What are the Objects of S D Retail IPO?
The Offer comprises of fresh issue of shares.
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
Tentative timetable |
|
| IPO opens on | 20 September 2024 |
| IPO Closes on | 24 September 2024 |
| IPO Allotment on | 25 September 2024 |
| Refund Initiation | 26 September 2024 |
| Credit of Shares | 26 September 2024 |
| Listing on | 227 September 2024 |
|
Registered Office of the Company SD Retail Limited C-929, Stratum at Venus ground, Nr. Jhansi Ki Rani Statue, Nehrunagar Ambawadi, Ahmedabad -380006, |
|
Who is the Lead Manager of this IPO? Beeline Capital Advisors Pvt Ltd |
|
Who is the Registrar to IPO? Kfin Technologies Limited |
S D Retail IPO GMP grey market premium, review, Subscription, allotment, listing estimate
S D Retail IPO Financial & Analytical Ratios |
||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2021-22 | 128.75 | 10.11 | – | – |
| 2022-23 | 135.69 | 4.30 | = | – |
| 2023-24 !! M | 144.80 | 6.15 | 3.13 | |
| Book Value of the Share on 31.03.2024 | Rs | – | ||
| BV of the Share at cap price after IPO | Rs. | – | ||
| Offer Price/upper band | Rs. | 131 | ||
IPO Key Performance indicators |
|
| Price/EPS of 23-24 | 41.85 |
| Price/BV Ratio | |
| Price/BV after IPO | |
| As on date of RHP | FV | Total | PE |
| Rs. | Income | Ratio of | |
| Rs. In Crore | |||
S D Retail IPO Review
Founded in May 2004, S D Retail Limited specializes in the design, manufacturing, outsourcing, marketing, and retailing of sleepwear under the renowned brand “SWEET DREAMS.”
Size: Net size of the IPO is Rs.61.70 crore, comprising of 4710000 shares. The size of the IPO is very large and so huge oversubscription is a bit difficult.
Financial Snapshot: The company has shown strong topline during last 3 years. The shares are offered at PE multiple of 41.85, which is somewhat on higher side.
+ from fundamental angle: IPO is so-so
+ from grey market angle: ?
Quicklinks
S D Retail IPO GMP today allotment, review?
S D Retail IPO GMP grey market premium
S D Retail IPO FAQs
What is S D Retail IPO?
This is a SME IPO of 4960000 equity shares of the face value of Rs. 10 aggregating up to Rs.64.98 Crores. The issue is priced at Rs.124-131 per share. The minimum order quantity is 1000 Shares.
When will S D Retail IPO subscription open?
S D Retail IPO opens on September 20, 2024, and closes on September 24, 2024.
What is the lot size of S D Retail IPO?
S D Retail IPO lot size is 1000 Shares, and the minimum amount required is Rs.131000
How to apply for S D Retail IPO?
You can apply in S D Retail IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is S D Retail IPO allotment?
The finalization of Basis of Allotment for S D Retail IPO will be done on September 25 2024, and the allotted shares will be credited to your demat account by September 26, 2024.
When is S D Retail IPO listing date?
S D Retail IPO listing date is September 27, 2024.
