SD Retail Limited IPO
- IPO Date20 Sep, 2024 to 24 Sep, 2024
- Listing Date27 Sep, 2024
- Face Value₹10 per share
- Issue Price₹124 to ₹131 per share
- Lot Size1000 Shares
- Minimum Investment₹1,31,000
- Listing AtNSE SME
- Total Issue Size49,60,000 Shares
(aggregating up to ₹64.98 Cr) - Fresh Issue49,60,000 Shares
(aggregating up to ₹64.98 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue1,37,62,386
- Shareholding post issue1,87,22,386
IPO Dates
Closing Date
24 Sep, 2024
Initiation of Refunds
26 Sep, 2024
Listing Date
27 Sep, 2024
20 Sep, 2024
Opening Date
25 Sep, 2024
Basis of Allotment
26 Sep, 2024
Credit of Shares
SD Retail Limited Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The below 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 |
| HNI (Min) | 2 | 2000 | ₹2,62,000 |
SD Retail Limited Promoter Holding
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
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 88.82% | - |
SD Retail Limited COMPANY INFORMATION
SD Retail Logo IPO is a book built issue of Rs 64.98 crores. The issue is entirely a fresh issue of 49.6 lakh shares. SD Retail Logo IPO opens for subscription on September 20, 2024 and closes on September 24, 2024. The allotment for the SD Retail Logo IPO is expected to be finalized on Wednesday, September 25, 2024. SD Retail Logo IPO will list on NSE SME with tentative listing date fixed as Friday, September 27, 2024. SD Retail Logo IPO price band is set at ₹124 to ₹131 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹131,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹262,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the SD Retail Logo IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for SD Retail Logo IPO is Spread X Securities. Refer to SD Retail Logo IPO RHP for detailed information.
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.
FAQs About Sd Retail Limited Ipo
SD Retail Limited IPO will open on 20 Sep, 2024 and close on 24 Sep, 2024. Investors must apply within this period to participate.
The SD Retail Limited IPO price band is set between ₹124.00 and ₹131.00 per share. The minimum lot size is 1000, requiring an investment of at least ₹131000.00.
The SD Retail Limited IPO shares are expected to be listed on 27 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your SD Retail Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The SD Retail Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.