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 DateSep 27, 2018 - Oct 8, 2018
Issue TypeFixed Price Issue IPO
Issue Size4,398,000 Eq Shares of ₹10
(aggregating up to ₹10.12 Cr)
Face Value₹10 Per Equity Share
IPO Price₹23 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

Sun Retail IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹138,000
Maximum16000₹138,000

Sun Retail IPO Subscription Status (Bidding Detail)

Sun Retail IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

2,016,000

2,016,000

4,032,000

Oct 8, 2018 17:00

2.36x

0.85x

1.61x

Sun Retail IPO Prospectus

Sun Retail IPO Rating

10
2.7
Rating:Rated 2.7 stars

Vote Here ...

Sun Retail IPO Listing Date

Listing DateTuesday, October 16, 2018
BSE Script Code542025
NSE Symbol
Listing InMT
ISININE206Z01012
IPO Price₹23 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹23.00
₹36.00
₹36.00
₹37.80
₹37.80
216,000

Sun Retail IPO Reviews / Ratings

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

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

Sun Retail IPO FAQs

  1. 1. What is Sun Retail IPO?

    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 price of the IPO is ₹23 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Sun Retail IPO will open?

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

  3. 3. How to apply for Sun Retail IPO?

    Sun Retail IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Sun Retail IPO allotment?

    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.

  5. 5. When is Sun Retail IPO listing date?

    The Sun Retail IPO listing date is on Tuesday, October 16, 2018, at BSE SME.
  6. 6. What is the lot size of Sun Retail IPO?

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

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Sun Retail IPO Review / Comments

Inder swami
4. Inder swami  Oct 16, 2018 12:52
opened @36 rs per share.. almost 60% listing gain.. :O
Small Investor
4.1. Small Investor  Oct 18, 2018 12:29
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
Why i not apply in this stock ?

i am very very sad
Small Investor
4.2. Small Investor  Oct 18, 2018 12:32
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
5 HNI Rejects his Bid about 2052000 shares, then this stock Open 60% UP

Only Oppretor game play
Adityasingh
3. Adityasingh  Oct 16, 2018 23:11
Another avoid by Davda sir which gave excellent returns on the listing day itself .!
DownriteVJ
2. DownriteVJ  Sep 28, 2018 14:15
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Kya hai yeh??
GrowYourMoney
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....







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