SD Retail IPO (SWEET DREAMS) Date, Review, Price, Allotment Details

SD Retail IPO (SWEET DREAMS) open date is September 20, 2024 and the IPO will close on September 24, 2024. SD Retail IPO is a Book Built Issue. The company to raise around ₹64.98 crores via IPO that comprises fresh issue of ₹64.98 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

SD Retail IPO price band is ₹124 to ₹131 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. SD Retail IPO (SWEET DREAMS) to list on NSE SME on September 27, 2024. The allotment of SD Retail IPO date is September 25, 2024.

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. As per the financials the IPO investors should apply the IPO for a long term.

SD Retail IPO

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.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹131,000
Retail Maximum11000₹131,000
HNI Minimum22000₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Go Fashions (India) Limited15.3365.5315.7396.36665.28 Cr.
Bella Casa Fashion & Retail Limited6.8017.2310.3365.88201.76 Cr.
S.P. Apparels Limited36.028.9312.62269.03939.52 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

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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?

SD Retail IPO is a SME IPO. The company is going to raise ₹64.98 Crores via IPO. The issue is priced at ₹124 to ₹131 pr equity share. The IPO is to be listed on NSE.

When SD Retail IPO will open for subscription?

The IPO is to open on September 20, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 24, 2024.

What is SD Retail IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the SD Retail IPO?

You can apply for SD Retail IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is SD Retail IPO Issue Size?

SD Retail IPO issue size is ₹64.98 crores.

What is SD Retail IPO Price Band?

SD Retail IPO Price Band is ₹124 to ₹131.

What is SD Retail IPO Lot Size?

The minimum bid is 1000 Shares with ₹131,000 amount.

What is the SD Retail IPO Allotment Date?

SD Retail IPO allotment date is September 25, 2024.

What is the SD Retail IPO Listing Date?

SD Retail IPO listing date is September 27, 2024. The IPO is to list on NSE.

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).

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