Issue Price
₹23
Per Share
GMP
NIL
Grey Market
Est. Listing
₹23
Expected Price
Min. Application
₹276,000
2 lots × 6000 shares
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.
Sun Retail Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 366,000 | — | ₹0.84 Cr | — |
| TOTAL | 4,398,000 | 100.00% | ₹10.12 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹138,000 |
| Retail (Max) | 13 | 78,000 | ₹1,794,000 |
| sNII (Min) | 14 | 84,000 | ₹1,932,000 |
| bNII (Min) | 68 | 408,000 | ₹9,384,000 |
| Particulars | 05-Jan-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 4470.37 | 6805.58 | 2563.07 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 9.66 | 18.75 | 3.59 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 3749.25 | 1091.71 | 577.91 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |