SD Retail IPO subscription status started on September 20, 2024, and closed on September 24, 2024. The company aims to raise approximately ₹64.98 crore via this IPO. The retail quota is 35%, and QIB is 50%. The price band is ₹124 to ₹131 per equity share.
The IPO consists of a minimum market lot of 1000 Shares requiring an application amount of ₹131,000. SD Retail is an SME IPO that will be listed on the NSE.
Also read: SD Retail IPO: Dates, Pricing and Allotment 2024
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About Company
SD Retail Limited is engaged in the design, manufacturing, outsourcing, marketing, and retailing of sleepwear under the brand name “SWEET DREAMS.” Notably, SWEET DREAMS has established a strong reputation, particularly for its stylish and comfortable sleepwear, catering to the entire family. Moreover, the brand holds a unique position in the habit-forming apparel category, combining comfort, style, and functionality, as their products are worn daily by customers during similar times of the day.
In particular, SWEET DREAMS has become a favorite among modern Indian women, who are most engaged with this category across various retail channels. Additionally, the company has expanded its portfolio to include a wide range of sleepwear for men and kids. With one of the most diverse collections of fabrics, colors, and styles among apparel retailers in India, their offerings include pyjamas, night sets, nighties, and T-shirts.
Furthermore, the company operates a well-constructed infrastructural facility and manufacturing unit equipped with the latest machines essential for modern production. Their products are designed to cater to all age groups, from kids aged 2 to 16 years, and to fit various body types and physiques. In addition to sleepwear, they also offer adjacent categories such as loungewear, workout wear, athleisure, and work-leisure pants, further expanding their product range.
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We strongly encourage investors to consider applying for the IPO with a long-term perspective. Additionally, it is crucial to analyze the subscription numbers for QIB, NII, and Retail categories before making any investment decisions.
SD Retail IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.16 | 0.66 | 69.84 |
| NII | 1.15 | 8.81 | 207.62 |
| RII | 0.81 | 15.79 | 65.25 |
| Total | 0.70 | 9.97 | 97.08 |
SD Retail IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
IPOGMP.IN Review for SD Retail
- May Apply
SD Retail IPO Form
To apply for the SD Retail IPO, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The SD Retail IPO subscription will begin on September 20, 2024, for QIB, NII, and Retail Investors.
Additionally, You can choose to subscribe using either ASBA or non-ASBA methods. For ASBA, simply log into your bank account or download the application form, and then submit it to your broker or bank.
To find the current subscription numbers, visit our portal for live updates, which we refresh hourly from official sources. Additionally, you can check the official IPO page for real-time numbers.
Moreover, To apply through Zerodha, log into your account, navigate to the Portfolio section, and select IPOs. Next, find “SD Retail,” click the Bid button, enter your UPI ID, quantity, and price, and then approve the mandate via your UPI app.
For Upstox, log into the app, select the IPO option, and find “SD Retail.” After clicking the Bid button to confirm, proceed to approve the mandate through your UPI app. Finally, ensure you have a Demat account with Upstox.
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