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Sleepwear-focused company SD Retail Limited raised Rs. 18.50 crore

The Sunday Guardian

|

September 22, 2024

Ahmedabad-based Sleepwear-focused company SD Retail Limited ("The Company"), which designs, manufactures, outsources, markets, and retails sleepwear under the brand name "SWEET DREAMS," has raised 1849.72 Lakhs ahead of its Initial Public Offering.

Sleepwear-focused company SD Retail Limited raised Rs. 18.50 crore

The company has informed NSE that it allocated 14, 12,000 equity shares at Rs.131 per share on Thursday, September 19, 2024, to anchor investors.11 Anchors participated in the anchor portion viz.

North Star Opportunities Fund, NAV Capital, Beacon Stone Capital, M7 Global Fund, SB Opportunities Fund, Shine Star Build Cap, JAS Venture Fund, Benani Capital, IMAP India Capital Investment Trust, Finavenue Capital Trust and Anubhuti Value Trust.

ABOUT THE IPO

Price Band of Rs124/ - Rs131/- per equity share bearing face value of Rs10/each ("Equity Shares").

Issue size: Rs 64.98 Cr (upper price band).

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