Sun Retail Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

27 Sep 2018

Close Date

08 Oct 2018

Allotment

14 Oct 2018

Listing Date

16 Oct 2018

Exchange

BSE SME

Price Band

₹23

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹23

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

43,98,000 shares (aggregating up to ₹10.12 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹138,000

1 lot

Pre-IPO Holding

53,00,000 shares

Promoters

Post-IPO Holding

96,98,000 shares

Promoters

UPI Deadline

2018-10-08

Mandate

Anchor AllotmentWed, 26 Sep 2018

Basis of AllotmentSun, 14 Oct 2018

Refund InitiationMon, 15 Oct 2018

Demat CreditMon, 15 Oct 2018

Listing DayTue, 16 Oct 2018

UPI Mandate Deadline2018-10-08

Sale TypeFresh Capital

Net Offer to Public40,32,000 shares (aggregating up to ₹9.27 Cr)

Market Maker Quota3,66,000 shares (aggregating up to ₹0.8418 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Sun Retail Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 08 Oct 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	366,000	—	₹0.84
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,398,000	100%	₹10.12

IPO Shares Offered

Sun Retail Ltd. IPO total issue size: ₹10.12 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	366,000	₹0.84	8.32%
Total	4,398,000	₹10.12	100.00%

* Based on upper price band ₹23 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹23.00

Upper Band

Min Investment

₹138,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹276,000
Retail (Max — 13 Lots)	13	78,000	₹1,794,000
S-HNI (Min — 14 Lots)	14	84,000	₹1,932,000
B-HNI (Min — 68 Lots)	68	408,000	₹9,384,000

* Issue Price ₹23 × Lot Size 6,000 shares

IPO Schedule

Anchor

26 Sep 2018

✓ Done

IPO Open

27 Sep 2018

✓ Done

IPO Close

08 Oct 2018

✓ Done

Allotment

14 Oct 2018

✓ Done

Refunds

15 Oct 2018

✓ Done

Demat Credit

15 Oct 2018

✓ Done

Listing Day

16 Oct 2018

✓ Done

₹23.00

INR · BSE

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Issue ₹23.00 Live Price

About Sun Retail Ltd.

Incorporated in 2007, Ahmedabad based Sun Retail Limited is a company engaged in the business of trading into refined/filtered edible oils.The major products of the company include cottonseed oil, groundnut oil, and sunflower oil. It also performs the activity of bulk trading of palmolein oil and soyabean oil. The products are sold under the brand name of ?Dharti and ?Dharti Singtel.The Company's total revenue ( as restated) was Rs. 6804.62 lakhs, Rs. 2563.07 lakhs and Rs. 2309.64 for in Financial Year 2017, 2016 and 2015 respectively.The Company's PAT was Rs. 18.75 lakhs, 3.59 lakhs and 0.97 lakhs for Financial Year 2017, 2016 and 2015 respectively.Till January 05 2018, it had total revenue of Rs.4470.37 lakhs and a profit of Rs 9.66 lakhs.The company has 10 employees on its payroll.

Objects of the Issue

1 Incremental Working capital requirements

2 General Corporate Purpose

3 Public Issue Expenses

Sun Retail Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,563.1

31-Mar-16

₹6,805.6

31-Mar-17

₹4,470.4

05-Jan-18

Profit After Tax (PAT)

₹3.6

31-Mar-16

₹18.8

31-Mar-17

₹9.7

05-Jan-18

Particulars	05-Jan-18	31-Mar-17	31-Mar-16
Revenue from Operations	4470.37	6805.58	2563.07
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	9.66	18.75	3.59
Net Worth	N/A	N/A	N/A
Total Assets	3749.25	1091.71	577.91
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered43,98,000 (100.00%)

Net Offer to Public40,32,000 shares (aggregating up to ₹9.27 Cr)

Reserved for Market Maker3,66,000 shares (aggregating up to ₹0.8418 Cr)

Pre-Issue Promoter Holding53,00,000 shares

Post-Issue Promoter Holding96,98,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Fedex Securities Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Sun Retail Ltd. IPO subscribed? ▲

Sun Retail Ltd. IPO is subscribed 1.00 times by Oct 08, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Sun Retail Ltd. IPO retail subscription status? ▼

The Sun Retail Ltd. IPO retail category is subscribed 1.00 times as of 08 Oct 2018. The retail portion is oversubscribed.

How to subscribe Sun Retail Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 27 Sep 2018 and closes 08 Oct 2018. Min investment: ₹138,000 (1 lot = 6,000 shares). UPI mandate: 2018-10-08.

How many times Sun Retail Ltd. IPO subscribed? ▼

The Sun Retail Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Sun Retail Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 14 Oct 2018. Refunds: on 15 Oct 2018.

When Sun Retail Ltd. IPO will be listed? ▼

The Sun Retail Ltd. IPO listing date is 16 Oct 2018, Tuesday. Listed on: BSE SME. Issue price: ₹23. Estimated listing: ₹23. GMP: NIL.

When Sun Retail Ltd. IPO close? ▼

The Sun Retail Ltd. IPO closes on 08 Oct 2018, Monday. UPI mandate: 2018-10-08. Allotment: 14 Oct 2018. Listing: 16 Oct 2018.

Quick Actions

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Live Price LIVE

Last Price₹23.00

Change—

Issue Price₹23.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹23

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹138,000

GMPNIL

Est. Listing₹23

Subscribed1.00x

Open Date27 Sep 2018

Close Date08 Oct 2018

Allotment14 Oct 2018

Listing Date16 Oct 2018

ExchangeBSE SME

UPI Deadline2018-10-08