S D Retail SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the S D Retail IPO. Explore S D Retail IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
S D Retail Limited specializes in the design, manufacturing, marketing and retailing of stylish and comfortable sleepwear under the brand name SWEET DREAMS. The company offers a comprehensive range of sleepwear products for the entire family, catering to the modern Indian consumer's transition from work to home life. The brand primarily targets the modern Indian woman, who is a key decision-maker in purchasing sleepwear for the household. In addition to women’s sleepwear, SWEET DREAMS also provides sleepwear for men and children, with products including pyjamas, night sets, nighties and T-shirts. The company’s portfolio spans a wide array of fabrics, colors and styles, catering to men and women of all age groups, including kids from 2 to 16 years, and various body types.
Key Points:
- Brand Focus: Operates under the brand name SWEET DREAMS, specializing in stylish and comfortable sleepwear for the entire family.
- Product Range: Offers a wide portfolio including pyjamas, night sets, nighties, T-shirts and other sleepwear items for men, women and children (ages 2 to 16 years).
- Manufacturing and Outsourcing: Features a well-established manufacturing facility in Ahmedabad, Gujarat, and relies on contract manufacturing to meet bulk orders and deliver products on time.
- Product Lines:
- Essentials: Characterized by basic designs, lower average selling prices (ASPs), high repeat purchases and year-round availability.
- Fashion: Seasonal designs with higher ASPs, lower repeat purchases and availability during Autumn/Winter and Summer seasons.
- Sales Channels: Products are sold through distributors, exclusive brand outlets (EBOs), multi-brand outlets (MBOs), and e-commerce platforms like Myntra, AJIO, Nykaa, Flipkart, Amazon and the company’s own website.
Objects of the Issue
- Capital expenditure to be incurred by the Company for setting up new exclusive brand outlets
- Funding Working Capital Requirement
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 20 Sep - 24 Sep 2024 |
| IPO Price Band | ₹124 - ₹131 per share |
| Fresh Issue | 49,60,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹64.98 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 20 Sep 2024 |
| IPO Closing Date | 24 Sep 2024 |
| Basis Of Allotment | 25 Sep 2024 |
| Refunds | 26 Sep 2024 |
| Demat Transfer | 26 Sep 2024 |
| IPO Listing Date | 27 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 96.52 | 128.74 | 135.69 | 163.28 |
| Total Expenses | 96.23 | 117.10 | 129.86 | 153.00 |
| Net Profit/Loss | 0.37 | 10.11 | 4.30 | 7.60 |
| NPM (*) | 0.39 | 7.87 | 3.18 | 4.67 |
| Total Assets | 60.55 | 77.60 | 88.36 | 122.26 |
| Total Liabilities | 40.76 | 47.70 | 54.15 | 80.46 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 5.95 | 7.35 | 3.13 | 5.52 |
| ROE (%) | 1.91 | 40.69 | 13.42 | 6.29 |
| ROCE (%) | 8.04 | 27.94 | 14.41 | 15.61 |
| D/E Ratio | 0.69 | 0.62 | 0.60 | 1.04 |
| Current Ratio | 1.40 | 1.55 | 1.56 | 1.42 |
| EBITDA MARGIN (%) | 2.70 | 10.61 | 5.63 | 8.21 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| S D Retail Limited | 162.56 | 23.73 | 5.52 | 18.18 | 30.37 |
| Go Fashions (India) Limited | 762.83 | 78.67 | 15.32 | 13.82 | 111.81 |
| Bella Casa Fashion & Retail Limited | 230.10 | 33.77 | 8.89 | 12.02 | 73.96 |
| S.P. Apparels Limited | 948.32 | 14.04 | 41.35 | 14.30 | 31.04 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 69.84 |
| Non-Institutional Investor (NII/HNI) | 207.62 |
| Retail Individual Investor (RII) | 65.25 |
| Total | 97.08 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- MR. HITESH PRAVINCHANDRA RUPARELIA
- MR. UTPALBHAI PRAVINCHANDRA RUPARELIA
- M/S. SWEET DREAMS LOUNGEWEAR (INDIA) LLP (FORMERLY KNOWN AS SWEET DREAMS LOUNGEWEAR (INDIA) PRIVATE LIMITED)
- M/S. GRACE GARMENTS LLP (FORMERLY KNOWN AS GRACE GARMENTS LIMITED)
Lead Managers
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Company Address
S D Retail Limited
C-929, Stratum at Venus ground, Nr. Jhansi Ki Rani Statue, Nehrunagar, Ambawadi, Ahmedabad, Gujarat -380006, India
Phone: +91 7043106787
Email: info@sweetdreamsindia.com
Website: www.sweetdreams.in
FAQs
- What is the issue size of the S D Retail SME IPO?The S D Retail SME IPO has an issue size of ₹64.98 crore. This includes a fresh issue of 49,60,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the S D Retail IPO?The price band for the S D Retail IPO is ₹124 - ₹131 per share.
- What are the bidding dates for the S D Retail IPO?The S D Retail IPO will open for bidding on 20 Sep 2024 and close on 24 Sep 2024.
- What is the allotment date for the S D Retail IPO?The allotment date for the S D Retail IPO is 25 Sep 2024.
- What is the listing date for the S D Retail IPO?The listing date for the S D Retail IPO is 27 Sep 2024.
- What is the S D Retail IPO grey market premium?The grey market premium (GMP) for the S D Retail IPO is currently at ₹30, with an expected listing gain of approximately 22.9%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.