Sun Retail IPO is all set to make its debut on 27th Sept 18 with 10.12 Cr is a company engaged in the business of trading into refined/filtered edible oils.
Sun Retail IPO – overview
| IPO Dates | 27th sept – 8th Oct 2018 |
| IPO Price | INR 23 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 4,398,000 shares (INR 10.12 crore) |
| Minimum bid (lot size) | 6000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
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.
Objects of the Issue
- Incremental Working capital requirements- Rs 709.00 lakhs.
- General Corporate Purpose- Rs 243.00 lakhs.
- Meeting Public Issue Expenses- Rs 59.54 lakhs
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 3,749.25 | 1,091.71 | 577.91 |
| Total Revenue | 4,470.37 | 6,805.58 | 2,563.07 |
| Profit After Tax | 9.66 | 18.75 | 3.59 |
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: https://www.bigshareonline.com/
Sun Retail IPO Lead Manager(s)
- Fedex Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
