IPO

Sun Retail Limited IPO

BSE SME

Offer Date: Sep 27, 2018 - Oct 8, 2018

₹ 276000 /12000 Shares
*Min Investment

27 Sep, 2018

Open Date

08 Oct, 2018

Close Date

12 Oct, 2018

Allotment Date

16 Oct, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 23/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 43,98,000 Equity Shares of Rs 10/- at a price of Rs 23/- per share aggregating to Rs 10.12 Cr
  • Listing at BSE SME
  • Lead Manager Fedex Securities Limited
  • Registrar Bigshare Services Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Sun Retail Limited IPO is an SME IPO, priced at Rs 23/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 27, 2018 to Oct 8, 2018. The allotment is expected to be finalized on Oct 12, 2018, and the tentative listing date is Oct 16, 2018.


The registrar of the IPO is Bigshare Services Private Limited, and

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IPO Subscription Analysis And Details
Retail
17.00x
Total
64.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved20,16,00020,16,00040,32,000
Day 1 - 27-09-18
0.0 x0.0 x0.0 x
Day 2 - 28-09-18
0.0 x6000 0.00 x6000 0.00 x
Day 3 - 01-10-18
0.32 6,48,000 x1,98,000 0.10 x8,46,000 0.21 x
Day 4 - 03-10-18
32,16,000 1.60 x13,92,000 0.69 x46,08,000 1.14 x
Day 5 - 08-10-18
47,52,000 2.36 x17,22,000 0.85 x64,74,000 1.61 x
Valuations
Earnings Per Share (EPS) Rs 0.23/-
P/E Ratio 100
RoNW 3.29%
Net Asset Value (NAV as on 31.03.18) Rs 17.52/-
IPO - Issue Objectives
1

Funding the Working Capital requirements of Company. ( Rs 7.09 Cr )

2

General corporate purposes. ( Rs 2.43 Cr )

3

Issue Expenses. ( Rs 0.59 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72