SD Retail IPO GMP, Review, Price, Allotment

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Last updated on September 27, 2024

SD Retail IPO GMP

SD Retail IPO description – SD Retail specializes in designing, manufacturing, outsourcing, marketing, and retailing sleepwear under the brand name ‘SWEET DREAMS’. SWEET DREAMS is dedicated to providing a wide range of stylish and comfortable sleepwear for the entire family, celebrating the transition from work to home life and catering to every aspect of downtime.

The SWEET DREAMS brand primarily targets the sleepwear needs of the modern Indian woman, who is most engaged across various retail channels. Additionally, the company offers sleepwear for men and kids, whose casual clothing is predominantly purchased by the women in the household. SD Retail provides two product lines for various price points: Essentials and Fashion. Essentials feature limited designs, lower ASPs, and high repeat purchases, available year-round. Fashion offers seasonal designs, and higher ASPs, and is sold during the Autumn/Winter and Summer seasons.

As of 29 February 2024, SD Retail sold its products through distributors, exclusive brand outlets (EBOs), and multi-brand outlets (MBOs) across various states and union territories in India. The company also sells its products through e-commerce platforms such as Myntra, AJIO, Nykaa, Flipkart, Amazon, and its website. As of 31 May 2024, the company employed 240 individuals across various departments.

SWEET DREAMS IPO

Promoters of SD Retail – 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 (Formerly Known as Grace Garments Limited)


Sweet Dreams IPO Details

SD Retail IPO Dates20 – 24 September 2024
SD Retail Issue PriceINR 124 – 131 per share
Fresh issue49,60,000 shares (INR 61.50 – 64.98 crore)
Offer For SaleNIL
Total IPO size49,60,000 shares (INR 61.50 – 64.98 crore)
Minimum bid (lot size)1,000 shares (INR 1,31,000)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE Emerge

SD Retail Financial Performance

 FY 2022FY 2023FY 2024
Revenue128.53135.09162.56
Expenses117.10129.86153.00
Net income10.114.307.60
Figures in INR Crores unless specified otherwise

SD Retail Offer News


Sweet Dreams Valuations & Margins

FY 2022FY 2023FY 2024
EPS7.353.135.52
PE ratio––22.46 – 23.73
RONW (%)33.8112.5818.18
NAV21.7324.8530.37
ROCE (%)27.9414.4115.61
EBITDA (%)10.615.638.21
Debt/Equity 0.620.601.04
*Compiled by IPO Central from Prospectus

SD Retail IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
26 September 202430–22,000
25 September 202430–22,000
24 September 202438–28,000
23 September 202435–26,500
21 September 202435–26,500
20 September 202427–20,000
19 September 202425–17,500
18 September 202415–11,500

Sweet Dreams IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered9,42,0007,07,00016,49,00032,98,000
24 Sep 202469.84207.9865.2597.16
23 Sep 20240.669.0915.359.81
20 Sep 20240.161.150.750.67

The market maker reservation portion of 2,50,000 shares and anchor allocation portion of 14,12,000 shares are not included in the above calculations.


SD Retail IPO Allotment Status

SD Retail IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.


SD Retail IPO Dates & Listing Performance

IPO Opening Date20 September 2024
IPO Closing Date24 September 2024
Finalization of Basis of Allotment25 September 2024
Initiation of refunds26 September 2024
Transfer of shares to demat accounts26 September 2024
IPO Listing Date27 September 2024
Opening Price on NSE SMEINR 145 per share (up 10.69%)
Closing Price on NSE SMEINR 150.90 per share (up 15.19%)

SD Retail Offer Lead Manager

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park, Rajpath
Rangoli Road, Thaltej, Ahmedabad- 380054, Gujarat, India.
Phone: 079 4918 5784
Email: [email protected]
Website: www.beelinemb.com


SD Retail Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


Sweet Dreams IPO Contact Details

S D RETAIL LIMITED
C-929, Stratum at Venus ground,
Nr. Jhansi Ki Rani Statue, Nehrunagar,
Ambawadi, Ahmedabad, Gujarat -380006
Phone: +91 7043106787
E-mail: [email protected]
Website: www.sweetdreams.in


Sweet Dreams IPO FAQs

What is the SD Retail offer size?

SD Retail offer size is INR 61.50 – 64.98 crores.

What is the SD Retail offer price band?

SD Retail public offer price is INR 124 – 131 per share.

What is the lot size of the SD Retail IPO?

SD Retail offer a lot size is 1,000 shares.

What is SD Retail IPO GMP today?

SD Retail IPO GMP today is INR 30 per share.

What is the SD Retail kostak rate today?

SD Retail kostak rate today is INR NA per application.

What is SD Retail Subject to the Sauda rate today?

SD Retail is Subject to the Sauda rate today is INR 22,000 per application.

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