
Consumer Discretionary / Retail · NSE
S D Retail Limited, established in May 2004, operates in the sleepwear industry under the brand “SWEET DREAMS,” designing and selling comfortable and stylish nightwear for men, women, and children aged 2-16. Its products are sold through exclusive brand outlets, multi-brand outlets, and leading e-commerce platforms like Myntra, AJIO, Nykaa, Flipkart, Amazon, as well as its own website in India and overseas. The company follows an asset-light model for its retail expansion, which allows it to grow without owning store properties. As of May 31, 2024, it employs 240 people.
Price Band
₹124 – ₹131
Issue Size
₹64.98 Cr
Lot Size
1000 shares
GMP
+15.3%
Est. Listing
₹151
at current GMP
Subscribed
97.20x
overall
Open
20 Sep 2024
Close
24 Sep 2024
Allotment
26 Sep 2024
Refund
27 Sep 2024
Demat Credit
28 Sep 2024
Listing
27 Sep 2024
Overall Subscription
97.20x
Total Demand
QIB Multiplier
69.84x
Institutions & Funds
NII / HNI
207.99x
High Net-Worth
Retail (RII)
65.32x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 942,000 | 65,791,000 | 69.84x |
| NIB | 707,000 | 147,047,000 | 207.99x |
| RETAIL | 1,649,000 | 107,717,000 | 65.32x |
| Total | 3,298,000 | 320,555,000 | 97.20x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,736 | 113,396 | 65.32x |
| HNIs (10L +) | 11 | 2,288 | 207.99x |
| HNIs (2-10L) | 53 | 11,023 | 207.99x |
| Total Applications | 1,800 | 126,707 | 70.39x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
SD Retail Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Retail sector with an aggregate issue size of ₹64.98 Crores. The shares are offered at a price band of ₹124 to ₹131 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,31,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-28, while un-allotted funds or UPI block mandates will be released on 2024-09-27.
The latest Grey Market Premium (GMP) for SD Retail Limited IPO is ₹20 per equity share. Based on the upper price band of ₹124 to ₹131 per equity share, the estimated listing price is ₹151 (+15.3% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹20, the expected profit per application lot is approx ₹20,000 (+15.3% gain). Minimum application cost is approx ₹1,31,000.
The SD Retail Limited IPO aggregate issue size is ₹64.98 Crores with an equity price band set at ₹124 to ₹131 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,31,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 97.20x (Retail: 65.32x, QIB: 69.84x, NII: 207.99x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-09-26. Investors can verify status using PAN card or application number.
SD Retail Limited shares are scheduled to list on NSE on 2024-09-27.