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 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

Sun Retail IPO Date Sep 27, 2018 to Oct 8, 2018
Sun Retail IPO Face Value ₹10 per share
Sun Retail IPO Price ₹23 per share
Sun Retail IPO Lot Size 6000 Shares
Issue Size4,398,000 shares of ₹10
(aggregating up to ₹10.12 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
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.

Sun Retail IPO Lot Size

The Sun Retail IPO 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
Retail (Min) 1 6000 ₹138,000
Retail (Max) 1 6000 ₹138,000

Sun Retail IPO Review

Considering exorbitant pricing, there is no harm in giving this issue a miss.

Read detail review...

Sun Retail IPO Subscription Status (Bidding Detail)

The Sun Retail IPO is subscribed 1.61 times on Oct 8, 2018 5:00:00 PM. The public issue subscribed 0.85 times in the retail category, times in the QIB category, and 2.36 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Sun Retail IPO Prospectus

Sun Retail IPO Rating

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 share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Sun Retail Limited
Naroda, Ahmedabad - 382330
Phone: 079- 22843366

Sun Retail IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Sun Retail IPO Review

Sun Retail IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

IPO Broker Recommendations

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 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 .

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.
Open an Instant Account with Zerodha

Sun Retail IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



4. Inder swami |   Link |Oct 16, 2018 12:52:21 PM
opened @36 rs per share.. almost 60% listing gain.. :O
4.1. Small Investor |   Link |Oct 18, 2018 12:29:16 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Why i not apply in this stock ?

i am very very sad
4.2. Small Investor |   Link |Oct 18, 2018 12:32:14 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
5 HNI Rejects his Bid about 2052000 shares, then this stock Open 60% UP

Only Oppretor game play
3. Adityasingh |   Link |Oct 16, 2018 11:11:35 PM
Another avoid by Davda sir which gave excellent returns on the listing day itself .!
2. DownriteVJ |   Link |Sep 28, 2018 2:15:38 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Kya hai yeh??
1. GrowYourMoney |   Link |Sep 25, 2018 4:20:06 PM
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....