SD Retail Limited IPO

SD Retail Limited IPO opens on September 20, 2024, and closes on September 24, 2024. SD Retail Limited IPO allotment is anticipated to be completed on Wednesday, September 25, 2024. SD Retail Limited IPO will be listed on NSE SME with a tentative listing date fixed as Friday, September 27, 2024.

SD Retail Limited IPO’s price band is Rs 124 to Rs 131 per share. The IPO is a book-built issue of Rs 64.98 crores. The issue is entirely a fresh issue of 49.6 lakh shares.

SD Retail Logo IPO Details

SD Retail Logo IPO Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The table below depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amounts.

SD Retail Logo IPO Objectives

The company intends to utilize the net proceeds of the Issue to meet the following objectives:

1. Capital expenditure to be incurred by the Company for setting up new exclusive brand outlets (“EBOs”)
2. Funding Working Capital Requirement
3. General Corporate Purposes.

About SD Retail Limited

Incorporated in May 2004, S D Retail Limited designs, manufactures, and markets sleepwear under the brand “SWEET DREAMS,” catering to men, women, and children aged 2-16. Known for stylish and comfortable sleepwear, the company operates an asset-light model, enabling it to efficiently scale through distributors, exclusive brand outlets, multi-brand outlets, and major e-commerce platforms both in India and internationally. With a workforce of 240 employees as of May 31, 2024, S D Retail leverages its flexible, scalable operations to offer a diverse range of fits and styles without owning store properties.

SD Retail Limited Financial Information

SD Retail Logo IPO Reservation

SD Retail Logo IPO Timeline

SD Retail Logo IPO opens on September 20, 2024, and closes on September 24, 2024.