IPO Issue Details
Issue Price / Price Band₹131 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size49,60,000 shares (aggregating up to ₹64.98 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 20 Sep 2024
Subscription CloseTue, 24 Sep 2024
Anchor AllotmentThu, 19 Sep 2024
Basis of AllotmentWed, 25 Sep 2024
Initiation of RefundsThu, 26 Sep 2024
Credit of Shares to DematThu, 26 Sep 2024
Listing DateFri, 27 Sep 2024
UPI Mandate Deadline2024-09-24
Application & Investment Details
Retail — Min (1 Lots)₹1,31,000 — 1,000 shares
Retail — Max (13 Lots)₹1,703,000 (13 Lots)
HNI — Min (2 Lots)₹2,62,000 — 2,000 shares
EPS (Pre-IPO)₹5.52
EPS (Post-IPO)₹4.06
P/E Ratio (Pre-IPO)23.73x
P/E Ratio (Post-IPO)32.28x
Net Offer to Public47,10,000 shares (aggregating up to ₹61.70 Cr)
Reserved for Market Maker2,50,000 shares (aggregating up to ₹3.28 Cr)
Pre-IPO Promoter Holding1,37,62,386 shares
Post-IPO Promoter Holding1,87,22,386 shares
About SD Retail Ltd
Incorporated in May 2004, S D Retail Limited designs, manufactures, outsources, markets, and retails sleepwear under the brand name "SWEET DREAMS".SWEET DREAMS offers stylish and comfortable sleepwear for the whole family, celebrating the transition from work to home life.The company designs its products for men, women, and kids aged 2-16, offering fits suitable for various body types.As of February 29, 2024, the company sold its products through distributors, exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and e-commerce platforms like Myntra, AJIO, Nykaa, Flipkart, Amazon, and its own website, both in India and internationally.The company operates on an asset-light model. It covers all aspects of its sales operations without owning any of the properties where its stores are located. This asset-light model allows for scalability and facilitates the efficient opening of Exclusive Brand Outlets (EBOs).As of May 31, 2024, the company employed 240 individuals across various departments.
Objects of the Issue
SD Retail Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Capital expenditure to be incurred by the Company for setting up new exclusive brand outlets (“EBOs”)
2
Funding Working Capital Requirement
3
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,37,62,386 shares
Post-IPO Promoter Holding
1,87,22,386 shares