As the stock market buzzes with excitement, investors have a fresh opportunity to explore the SD Retail Limited IPO, set to launch on September 20th. Known for its popular "Sweet Dreams" brand, SD Retail Limited is poised to capture attention with its promising IPO offering.
This IPO not only highlights the company's robust market presence in the sleepwear industry but also presents a potential investment opportunity in a sector that is consistently in demand.
Let’s examine the intricate details of the SD Retail IPO, from its key financial metrics to potential strengths and challenges. Whether you're an experienced investor or new to the SME IPO market, understanding the fundamentals and future prospects of this offering will be crucial to making an informed investment decision.
Here’s a comprehensive overview of the SD Retail Limited IPO:
| Aspect | Details |
| SD Retail Limited IPO open date | September, 20, 2024 |
| SD Retail Limited IPO close date | September, 24, 2024 |
| Lot size | 1000 shares |
| Price band | ₹124 to ₹131 per share |
| Issue size | 49,60,000 shares(aggregating up to ₹64.98 Cr) |
| Face value | ₹10 per share |
| Minimum investment | Retail ₹131,000HNI ₹262,000 |
Below is the timeline for the SD Retail Limited IPO investment:
| Event | Date |
| SD Retail Limited IPO open date | September, 20, 2024 |
| SD Retail Limited IPO close date | September, 24, 2024 |
| Cut-off time for UPI mandate confirmation | September 24, 2024 |
| Basis of allotment | September 25, 2024 |
| Initiation of refunds | September 26, 2024 |
| Credit of shares to demat | September 26, 2024 |
| Listing date | September 27, 2024 |
Incorporated in May 2004, SD Retail Limited is known for designing, manufacturing, outsourcing, marketing, and retailing sleepwear under the brand name "Sweet Dreams". The company caters to all age groups, offering stylish and comfortable sleepwear for men, women, and children.
The company operates an asset-light model, allowing for scalability without owning the properties where its stores are located. Its products are sold through various channels, including exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and e-commerce platforms like Myntra, AJIO, Nykaa, Flipkart, and Amazon. As of May 31, 2024, SD Retail Limited employs 240 people across different departments.
Here’s a snapshot of SD Retail Limited’s financial performance:
| Period ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 12,225.54 | 8,835.65 | 7,759.56 |
| Revenue | 16,328.48 | 13,568.86 | 12,873.65 |
| Profit after tax | 759.76 | 430.17 | 1,011.06 |
| Net worth | 4,179.98 | 3,420.22 | 2,990.04 |
| Reserves and surplus | 4,054.87 | 3,357.66 | 2,927.49 |
| Total borrowing | 4,354.72 | 2,051.31 | 1,844.13 |
*amount in ₹lakhs.
Given SD Retail Limited’s strong financial performance and established market presence, the IPO presents an intriguing investment opportunity. However, potential investors should weigh the associated risks and perform thorough due diligence. Evaluating how upcoming IPOs fit into your investment strategy and consulting with a financial advisor can help you make an informed decision.
The price band for the SD Retail Limited IPO is ₹124 to ₹131 per share per share.
The minimum investment amount is ₹1,31,00, which is for 1000 shares.
The SD Retail Limited IPO is expected to be listed on September 27, 2024.
Key strengths include a strong market position, robust financial performance, significant growth potential, and an experienced management team.
Challenges include market risks, intense competition, regulatory risks, and maintaining financial stability.
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