SD Retail IPO GMP, Review, Price, Allotment

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.

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 Dates	20 – 24 September 2024
SD Retail Issue Price	INR 124 – 131 per share
Fresh issue	49,60,000 shares (INR 61.50 – 64.98 crore)
Offer For Sale	NIL
Total IPO size	49,60,000 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 Allocation	35%
Listing On	NSE Emerge

SD Retail Financial Performance

	FY 2021	FY 2022	FY 2023	11M FY 2024
Revenue	96.23	128.53	135.09	144.14
Expenses	96.23	117.10	129.86	136.51
Net income	0.37	10.11	4.30	6.15

Figures in INR Crores unless specified otherwise

SD Retail Offer News

Sweet Dreams Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	0.27	7.35	3.13
PE ratio	–	–	–
RONW (%)	1.88	33.81	12.58
NAV	14.38	21.73	24.85
ROCE (%)	8.04	27.94	14.41
EBITDA (%)	2.70	10.61	5.63
Debt/Equity	0.69	0.62	0.60

*Compiled by IPO Central from Prospectus

SD Retail IPO GMP Today

Sweet Dreams IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.

SD Retail IPO Allotment Status

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

SD Retail IPO Dates & Listing Performance

IPO Opening Date	20 September 2024
IPO Closing Date	24 September 2024
Finalization of Basis of Allotment	25 September 2024
Initiation of refunds	26 September 2024
Transfer of shares to demat accounts	26 September 2024
IPO Listing Date	27 September 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

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

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