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Sun Retail Limited IPO (Sun Retail IPO) Detail

Sep 27, 2018 - Oct 8, 2018

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.

Company Promoters:

The company is promoted by TJR Agrocom Private Limited ("TJR"). It holds 52,98,690 Equity Shares constituting 99.98 % and 54.64 % of pre-issue and post issue paid-up capital respectively of the Company. TJR is promoted by Mr. Jaysheelbhai Thakkar and Mrs. Gauri Thakkar.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
05-Jan-18 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,749.25 1,091.71 577.91 603.14 1,367.32 776.27
Total Revenue 4,470.37 6,805.58 2,563.07 2,309.64 1,664.21 1,956.37
Profit After Tax 9.66 18.75 3.59 0.97 0.03 1.82

Objects of the Issue:

The objects of the Issue are:
1. Incremental Working capital requirements- Rs 709.00 lakhs
2. General Corporate Purpose- Rs 243.00 lakhs
3. Meeting Public Issue Expenses- Rs 59.54 lakhs

Sun Retail IPO Details

IPO Opening Date Sep 27, 2018
IPO Closing Date Oct 8, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹23 per equity share
Market Lot 6000 Shares
Min Order Quantity 6000 Shares
Listing At BSE SME
Issue Size4,398,000 Eq Shares of ₹10
(aggregating up to ₹10.12 Cr)

Sun Retail IPO Lot Size

The Sun Retail IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹138,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 6000 ₹138,000
Maximum 1 6000 ₹138,000

Sun Retail IPO Subscription Status (Bidding Detail)

The Sun Retail IPO is subscribed 1.61 times on Oct 8, 2018 17:00. The public issue subscribed 0.85 in the retail category, in the QIB category, and 2.36 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII

2.36

RII

0.85

Total

1.61

Sun Retail IPO Prospectus

Sun Retail IPO Rating

10
2.7
Rating:Rated 2.7 stars
Vote Here ...

Sun Retail IPO Listing Date

Listing Date Tuesday, October 16, 2018
BSE Script Code 542025
NSE Symbol
Listing In MT Group of Securities
ISIN INE206Z01012
IPO Price ₹23 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹23.00
₹36.00
₹36.00
₹37.80
₹37.80

Company Contact Information

Sun Retail Limited
213/214,
Phase-II GIDC
Naroda, Ahmedabad - 382330
Phone: 079- 22843366
Email: sun_retail@yahoo.com
Website: http://www.dhartisingtel.com/

Sun Retail IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Sun Retail IPO Reviews / Ratings

Sun Retail IPO FAQs

Sun Retail IPO is a SME IPO of 4,398,000 equity shares of the face value of ₹10 aggregating up to ₹10.12 Crores. The issue is priced at ₹23 per equity share. The minimum order quantity is 6000 Shares.

The IPO opens on Sep 27, 2018, and closes on Oct 8, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Sun Retail IPO opens on Sep 27, 2018 and closes on Oct 8, 2018.

Sun Retail IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

You can apply in Sun Retail IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Sun Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Sun Retail IPO allotment status.

The Sun Retail IPO listing date is on Tuesday, October 16, 2018.

Sun Retail IPO Message Board

Ranked Members  Ranked Members

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4. Inder swami |Oct 16, 2018 12:52
opened @36 rs per share.. almost 60% listing gain.. :O
4.1. Small Investor |Oct 18, 2018 12:29
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
Why i not apply in this stock ?

i am very very sad
4.2. Small Investor |Oct 18, 2018 12:32
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
5 HNI Rejects his Bid about 2052000 shares, then this stock Open 60% UP

Only Oppretor game play
3. Adityasingh |Oct 16, 2018 23:11
Another avoid by Davda sir which gave excellent returns on the listing day itself .!
2. DownriteVJ |Sep 28, 2018 14:15
IPO Guru IPO Guru (1200+ Posts, 1200+ Likes)
Kya hai yeh??
1. GrowYourMoney |Sep 25, 2018 16:20
Top Contributor Top Contributor (300+ Posts, 300+ Likes)

Regulators need to awake...
Such IPOs may kill the Market..

Superb Fundamental hai...
It should be listed at Main Board....