SD Retail IPO
SD Retail is an NSE SME IPO listed on the NSE SME platform, priced at ₹124–₹131 per share. The stock debuted at ₹145, delivering a listing gain of 10.7%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,31,000.
SD Retail Limited IPO
- IPO Dates
- Sep 20, 2024 – Sep 24, 2024
- Price band
- ₹124-131 per equity share
- Minimum Investment
- ₹1,31,000
- Issue size
- ₹64.98 Cr
- Lot size
- 1000
- Allotment Date
- Sep 25, 2024
- Listing
- Sep 27, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 20, 2024
Open Date
Completed
-
Sep 24, 2024
Close Date
Completed
-
Sep 25, 2024
Allotment Date
Completed
-
Sep 27, 2024
Listing Date
Completed
SD Retail IPO Essentials
SD Retail IPO Details
SD Retail IPO is priced at ₹124-131 per share with a total issue size of 64.98 crore. The IPO has a lot size of 1000 shares and is listed on an NSE SME.
- Issue price
- ₹124-131 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,960,000 shares(aggregating up to ₹64.98 Cr)
- Total issue size
- 49,60,000 shares
(aggregating up to ₹64.98 crore) - Fresh issue
- 49,60,000 shares
(aggregating up to ₹64.98 crore) - Listing at
- NSE SME
- List price
- 145.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,31,000 |
| Retail(max) | 1 | 1000 | ₹1,31,000 |
| NII (min) | 2 | 2,000 | ₹2,62,000 |
SD Retail IPO Reservation
SD Retail IPO reservation details show category-wise allocation of shares. Out of the total 49,60,000 shares, approximately 18.99% are reserved for QIB, 14.25% for NII, 33.25% for retail investors, 5.04% for market maker, and 28.47% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 14,12,000 (28.47%) | |
| Market Maker Shares Offered | 2,50,000 (5.04%) | |
| QIB Shares Offered | 9,42,000 (18.99%) | |
| NII (HNI) Shares Offered | 7,07,000 (14.25%) | |
| Retail Shares Offered | 16,49,000 (33.25%) | |
| Total Shares Offered | 49,60,000 (100%) |
SD Retail IPO Analytics
SD Retail IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
SD Retail IPO Subscription Status
SD Retail IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 942,000 / 707,000 | 1,649,000 | 3,298,000 |
|
Day 1
20-09-24 06:00 PM
|
(0.16 / 1.15) x | 0.81 x | 0.70 x |
|
Day 2
23-09-24 06:00 PM
|
(0.66 / 8.81) x | 15.79 x | 9.97 x |
|
Day 3
24-09-24 06:00 PM
|
(69.84 / 207.99) x | 65.32 x | 97.20 x |
SD Retail Valuations
Earnings
- EPS Pre IPO
- ₹5.52/-
- EPS Post IPO
- ₹4.06/-
- P/E Pre IPO
- 23.73
- P/E Post IPO
- 32.28
Returns
- ROE
- 6.29%
- ROCE
- 15.61%
- RoNW
- 18.18%
- PAT Margin
- 4.67
Fundamentals
- Debt / Equity
- 1.04
- Price / Book
- 4.31
SD Retail Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 12,225.54 | 8,835.65 | 7,759.56 |
| Revenue | 16,328.48 | 13,568.86 | 12,873.65 |
| Profit After Tax | 759.76 | 430.17 | 1,011.06 |
| Net Worth | 4,179.98 | 3,420.22 | 2,990.04 |
| Reserves & Surplus | 4,054.87 | 3,357.66 | 2,927.49 |
| Total Borrowing | 4,354.72 | 2,051.31 | 1,844.13 |
SD Retail Company & Offer Insights
About SD Retail
Incorporated in May 2004, S D Retail Limited designs, manufactures, outsources, markets, and retails sleepwear under the brand name SWEET DREAMS.
SWEET DREAMS has stylish as well as comfortable sleepwear for the whole family celebrating the transition from work to home life.
The company designs products for men, women, and kids of ages 2-16 offering fits suitable for a variety of body types.
As of 29th February, 2024, the Company sold its products through distributors, EBOs, MBOs and e-commerce websites like Myntra, AJIO, Nykaa, Flipkart, Amazon, besides its website across India and rest of the world.
The business operates on the asset-light model. It has control over all dimensions of its selling operations without any owning rights over the premises where its outlets operate. This way, the company is scalable, and opening its EBOs is done effectively and efficiently.
On May 31, 2024, there were 240 employees working under the company within different departments.
SD Retail Promoter(s)
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 are the company's promoters of SD Retail.
SD Retail IPO Issue 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 IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| SD Retail Limited | 5.52 | N/A | 30.37 | 23.73 | 18.18 | 4.37 | Standalone |
| Go Fashion (India) Limited | 15.32 | N/A | 111.81 | 78.67 | 13.82 | 9.05 | Standalone |
| Bella Casa Fashion & Retail Ltd | 8.89 | N/A | 73.96 | 33.77 | 12.02 | 1.6 | Standalone |
| S.p. Apparels Ltd | 41.35 | N/A | 31.04 | 14.04 | 14.3 | 10.35 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE on March 31, 2024, divided by the Basic EPS.
- RoNW is computed as net profit after tax (after considering Comprehensive Income) divided by the closing net worth. Net worth has been calculated as the sum of share capital and reserves, and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
Contact Information
Contact Details
SD Retail
+91 7043106787
C-929, Stratum at Venus ground, Nr. Jhansi Ki Rani Statue, Nehrunagar, Ambawadi, Ahmedabad -380006
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
SD Retail IPO is a book-built IPO worth ₹64.98 crore. The price band is ₹124–₹131 per share. The IPO opens on Sep 20, 2024 and closes on Sep 24, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of SD Retail IPO is ₹124 to ₹131 per share.
The lot size of SD Retail IPO is 1000 shares.
The minimum investment for SD Retail IPO is approximately ₹1,31,000 based on the upper price band .
SD Retail IPO opens on Sep 20, 2024 and closes on Sep 24, 2024.
The allotment date of SD Retail IPO is Sep 25, 2024.
SD Retail IPO is expected to be listed on Sep 27, 2024, on NSE SME Platform.
SD Retail IPO valuation snapshot: P/E 32.28, EPS ₹4.06/-, P/B 4.31, RoNW 18.18%, and market cap N/A.
To apply for SD Retail IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of SD Retail IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for SD Retail IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check SD Retail IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SD Retail IPO allotment status on IPO Ji for quick and easy access.