The IPO will be a fresh issue of shares aimed at raising ₹16.48 crore for capital expenditures, primarily for opening new exclusive brand outlets (EBOs). Additionally, ₹35 crore will be allocated to working capital requirements, with the remainder used for general corporate purposes.
Financial Performance:
- Profit: S D Retail posted a net profit of ₹7.59 crore in FY24, up from ₹4.3 crore in FY23.
- Revenue: The company’s revenue from operations increased by 20.34% from ₹135.08 crore in FY23 to ₹162.55 crore in FY24, driven by higher product sales and export incentives.
'S D Retail' has built a strong presence in the sleepwear category with a focus on designing, manufacturing, outsourcing, and marketing stylish and comfortable apparel. The company caters to the entire family, offering a broad selection of products like pyjamas, night sets, nighties, and T-shirts for women, men, and children, with a special focus on modern Indian women.
The brand sells its products through a mix of distributors, EBOs, multi-brand outlets (MBOs), and e-commerce platforms such as Myntra, AJIO, Nykaa, Flipkart, Amazon, and its own website. These channels enable both domestic and international sales. With around 20 years of experience, the company's leadership, led by the Promoter and Managing Director, has been pivotal in driving growth.
'S D Retail' plans to expand its retail network, launch new products, and strengthen its online presence, leveraging the growing e-commerce trend. The company aims to solidify its position in the sleepwear market and shift towards direct-to-consumer (D2C) sales channels.
Beeline Capital Advisors Private Limited is the sole book-running lead manager for the issue.
KFIN Technologies Limited is the registrar of the issue.
This IPO presents an opportunity for investors to participate in the company's growth, driven by its strategic focus on expanding its retail presence and capitalizing on the rising demand for stylish, comfortable sleepwear.
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