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Open
27 Sep to 8 Oct, 2018
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Close
27 Sep to 8 Oct, 2018
3
Allotment
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Listing
Tue, Oct 16, 2018
Price Band
₹23 per share
Issue Size
43,98,000 shares (agg. up to ₹10 Cr)
Lot Size
6,000 Shares
Listing Date
Tue, Oct 16, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 12.59 | 10.92 | 5.78 |
| Total Income | 65.32 | 68.06 | 25.63 |
| Profit After Tax | 0.23 | 0.19 | 0.04 |
| NET Worth | 6.88 | 1.20 | 1.01 |
| Reserves and Surplus | 1.72 | 0.20 | 0.01 |
| Total Borrowing | 3.87 | 4.72 | 4.11 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| AKG Exim Ltd. | SME | ₹5.52 Cr | ₹31 | null | ₹32.00 | +3.23% | ₹9.99 (-4.49%) |
| Palm Jewels Ltd. | SME | ₹8.90 Cr | ₹30 | null | ₹35.85 | +19.50% | ₹15.40 (-0.65%) |
| Advitiya Trade India Ltd. | SME | ₹4.31 Cr | ₹15 | null | ₹15.76 | +5.07% | ₹6.70 (-0.75%) |
| Diggi Multitrade Ltd. | SME | ₹3.38 Cr | ₹13 | null | ₹13.03 | +0.23% | ₹13.99 (-0.07%) |
| MRC Exim Ltd. | SME | ₹4.50 Cr | ₹15 | null | ₹12.50 | -16.67% | ₹35.97 (-2.20%) |
| Sharika Enterprises Ltd. | SME | ₹13.87 Cr | ₹43 | null | ₹51.60 | +20.00% | ₹21.88 (+4.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Incremental Working capital requirements | 7.09 |
| 2 | General Corporate Purpose | 2.43 |
| 3 | Public Issue Expenses | 0.60 |
About Sun Retail IPO
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.+ Read More
Contact Details
Sun Retail Ltd. Address213/214, Phase-II GIDCNarodaAhmedabad, Gujarat, 382330079- 22843366sun_retail@yahoo.comVisit Website