SD Retail IPO (SWEET DREAMS) Details
IPO Open Date: | September 20, 2024 |
IPO Close Date: | September 24, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹124 to ₹131 Per Share |
Issue Size: | Approx ₹64.98 Crores |
Fresh Issue: | Approx ₹64.98 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
SD Retail IPO Market Lot
The SD Retail IPO minimum market lot is 1000 shares with ₹131,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹131,000 |
Retail Maximum | 1 | 1000 | ₹131,000 |
HNI Minimum | 2 | 2000 | ₹262,000 |
SD Retail IPO Dates
The SD Retail IPO date is September 20 and the close date is September 24. The SD Retail IPO allotment will be finalized on September 25 and the IPO listing on September 27.
IPO Open Date: | September 20, 2024 |
IPO Close Date: | September 24, 2024 |
Basis of Allotment: | September 25, 2024 |
Refunds: | September 26, 2024 |
Credit to Demat Account: | September 26, 2024 |
IPO Listing Date: | September 27, 2024 |
Promoters of SD Retail IPO
The promoters of the company 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.
About SD Retail Limited
SD Retail Limited is the business of designing, manufacturing, outsourcing, marketing, and retailing sleepwear products with the brand name “SWEET DREAMS”. SWEET DREAMS is especially known especially for sleepwear. They are also offering a wide portfolio of stylish and comfortable sleepwear for the entire family. When we talk about the combination of comfort, style, and functionality places, SWEET DREAMS today is in a unique position within a habit-forming apparel category, where their clothes are worn daily by their customers in similar time ranges. Their brand is most famous especially in modern Indian women’s sleepwear requirements since she is most engaged with this category across various retail channels. The company is also selling a new range of sleepwear for men and kids. They have one of the widest portfolios of sleepwear products among apparel retailers in India in terms of fabrics, colors, and styles. Our sleepwear products include Pyjamas, Night Sets, Nighties, T-shirts, etc.
The company has well constructed infrastructural facility and manufacturing unit that is equipped with all the latest machines that are required for a modern manufacturing unit. They design their products to cater to men and women across all age groups such as kids (from age 2 Years to 16 Years) and fits that are suitable to various body types and physiques. In addition, they are also dealing in adjacent categories like loungewear, workout wear, athleisure, and work leisure pants.
SD Retail IPO Company Financial Report
The company reported revenue of ₹163.28 crores in 2024 against ₹135.69 crore in 2023. The company reported profit of ₹7.60 crores in 2024 against profit of ₹4.30 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2021 | ₹96.52 | ₹96.23 | ₹0.37 | ₹60.55 |
2022 | ₹128.74 | ₹117.10 | ₹10.11 | ₹77.60 |
2023 | ₹135.69 | ₹129.86 | ₹4.30 | ₹88.36 |
2024 | ₹163.28 | ₹153.00 | ₹7.60 | ₹122.26 |
SD Retail IPO Valuation – FY2023
Check SD Retail IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 13.42% |
ROCE: | 14.41% |
EBITDA Margin: | 5.63% |
PAT Margin: | 3.18% |
Debt to equity ratio: | 0.60 |
Earning Per Share (EPS): | ₹3.13 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 12.58% |
Net Asset Value (NAV): | ₹24.85 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Go Fashions (India) Limited | 15.33 | 65.53 | 15.73 | 96.36 | 665.28 Cr. |
Bella Casa Fashion & Retail Limited | 6.80 | 17.23 | 10.33 | 65.88 | 201.76 Cr. |
S.P. Apparels Limited | 36.02 | 8.93 | 12.62 | 269.03 | 939.52 Cr. |
Objects of the Issue
- 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 (SWEET DREAMS) Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
SD Retail IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email:
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
SD Retail Limited
C-929, Stratum at Venus ground,
Nr. Jhansi Ki Rani Statue, Nehrunagar
Ambawadi, Ahmedabad -380006,
Phone: +91 7043106787
Email: [email protected]
Website: https://www.sweetdreams.in/
SD Retail IPO (SWEET DREAMS) FAQs
What is SD Retail IPO?
When SD Retail IPO will open for subscription?
What is SD Retail IPO Investors Portion?
How to Apply the SD Retail IPO?
What is SD Retail IPO Issue Size?
What is SD Retail IPO Price Band?
What is SD Retail IPO Lot Size?
What is the SD Retail IPO Allotment Date?
What is the SD Retail IPO Listing Date?
Note: The SD Retail IPO price band and date are officially announced. The (SD Retail IPO grey market premium) will be added to the IPO GMP page as it will start).