SD Retail Limited (NSE SME)
Sep 20, 2024 - Sep 24, 2024
| Price | ₹124 - ₹131 |
| Premium | ₹20 |
|---|---|
| Lot size | 1000 |
| Allotment | Sep 26, 2024 |
| Listing | Sep 27, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 131000 | 1649 |
| HNI | 2 | 2000 | 262000 | 707 |
Last updated on 24-Sep-2024 18:33:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 942000 | 65791000 | 69.84 |
| NIB | 707000 | 147047000 | 207.99 |
| RETAIL | 1649000 | 107717000 | 65.32 |
| Total | 3298000 | 320555000 | 97.2 |
| Retail Apps | 107717 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹36.58 | @8% ₹41.8 | @9% ₹47.03 | @10% ₹52.25 | @11% ₹57.48 | @12% ₹62.7 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.25% | 1649000 |
| NII (HNI) | 14.25% | 707000 |
| Anchor | 28.47% | 1412000 |
| QIB | 18.99% | 942000 |
| Market Maker | 5.04% | 250000 |
| Total | 100.00% | 4960000 |
SD Retail Logo IPO Details
| Issue Size | 4,960,000 shares (aggregating up to ₹64.98 Cr) |
| Fresh Issue | 4,960,000 shares (aggregating up to ₹64.98 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 13,762,386 |
| Share holding post issue | 18,722,386 |
| Market Maker portion | 250,000 shares Spread X Securities |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 6.29% | 13.42% | 40.69% |
| ROCE | 15.61% | 14.41% | 27.94% |
| RONW | 18.18% | 12.58% | 33.81% |
| D/E | 1.04 | 0.6 | 0.62 |
| EPS (basic) | 5.52 | 3.13 | 7.35 |
| P/E Pre IPO | 23.73 | ||
| P/E Post IPO | 32.28 |
Company Financials
SD Retail Limited Financial Information (Restated)
| Period Ended | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| 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 | |||
About Company
S D Retail Limited, established in May 2004, is a prominent player in the sleepwear industry, operating under the brand name "SWEET DREAMS." The company designs, manufactures, and markets stylish and comfortable sleepwear for men, women, and children aged 2-16, catering to various body types and celebrating the transition from work to home life. SWEET DREAMS products are distributed through a mix of exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and major e-commerce platforms such as Myntra, AJIO, Nykaa, Flipkart, Amazon, and its own website, both within India and internationally. Embracing an asset-light model, S D Retail Limited manages its sales operations efficiently without owning the properties of its retail locations, enabling scalable expansion of its EBOs. As of May 31, 2024, the company employs 240 individuals across diverse departments.
Beeline Capital Advisors Pvt Ltd
Multi-Channel Distribution Network: S D Retail Limited leverages a comprehensive pan-India distribution network, including exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and major e-commerce platforms, enhancing its market reach and customer accessibility.
Asset-Light Model: The company's scalable asset-light model minimizes capital expenditure on property ownership, allowing for efficient expansion and operational flexibility while maintaining strong unit economics.
Scalable Business Model: The combination of a flexible asset-light approach and a diverse sales strategy supports significant scalability, facilitating rapid growth and adaptation to market demands.
Brand Dependence: Heavy reliance on the "SWEET DREAMS" brand means any decline in brand perception or ineffective marketing could significantly impact consumer footfall and harm the company’s financial health.
Market Vulnerability: Concentration on women's sleepwear makes the company susceptible to fluctuations in demand and shifts in consumer preferences, potentially affecting business performance and financial stability.
Competitive Pressure: Intense competition in both offline and online channels, along with pricing pressure, could erode profit margins, impacting revenue, gross margin, and overall profitability.
Phone: 04067162222, 04079611000
Email:
Website: https://kosmic.kfintech.com/ipostatus/