S D Retail Limited IPO GMP

The company is in the business of designing, manufacturing, outsourcing, marketing, and retailing sleepwear under the brand name “SWEET DREAMS”. SWEET DREAMS is a sleepwear-focused company offering a wide portfolio of stylish and comfortable sleepwear for the entire family, celebrating the transition from work to home life and catering to every aspect of downtime.

S D Retail, an Book Built Issue amounting to ₹64.97 Crores, consisting an Fresh Issue of 49.6 Lakh Shares. The subscription period for the S D Retail IPO opens on September 20, 2024, and closes on September 24, 2024. The allotment is expected to be finalized on or about Wednesday, September 25, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, September 27, 2024.

The Share price band of S D Retail IPO is set at ₹124 to ₹131 equity per share, with a minimum lot size of 1,000 shares. Retail investors are required to invest a minimum of ₹131,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹262,000.

BEELINE CAPITAL ADVISORS PRIVATE LIMITED is the book-running lead manager, KFIN TECHNOLOGIES LIMITED is the registrar for the Issue. Spread X Securities Private Limited is the sole Market Maker for the S D Retail IPO.

S D Retail Limited IPO GMP Today
The Grey Market Premium of S D Retail Limited IPO is expected in the range of ₹5 to ₹10 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

S D Retail Limited IPO Live Subscription Status Today: Real-Time Updates
As of 12:12 PM on 23 September 2024, the S D Retail Limited IPO live subscription status shows that the IPO subscribed 3.79 times on its Second day of subscription period. Check the S D Retail Limited IPO Live Subscription Status Today at NSE.

S D Retail Limited IPO Anchor Investors Report
S D Retail has raised ₹18.49 Crore from Anchor Investors at a price of ₹131 per share in consultation of the Book Running Lead Managers. The company allocated 14,12,000 equity shares to the Anchor Investors. Check Full list of S D Retail Anchor Investors List.

Note:- Equity Shares to Anchor Investors are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

S D Retail Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
S D Retail IPO allotment date is 25 September, 2024, Wednesday. S D Retail IPO Allotment will be out on 25th September 2024 and will be live on Registrar Website from the allotment date. Check S D Retail Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select S D Retail Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of S D Retail Limited IPO
S D Retail Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1648.85 Lakhs is required for Capital expenditure to be incurred by their Company for setting up new exclusive brand outlets (“EBOs”) 
2. ₹3500.00 Lakhs is required for Funding Working Capital Requirement 
3. General Corporate Purpose

Refer to S D Retail Limited RHP for more details about the Company.