Sun Retail Ltd

Issue Analysis :

Issue opens	Sept.27, 2018
Issue Closes	Oct. 03, 2018
Issue Price	Rs 23
Lot Size	6000
Issue Size	10.12 Cr
Lead Manager	Fedex Securities Limited
Registrar	Bigshare Services Pvt  Ltd
Platform	BSE

Company’s Snapshot :

Sun Retail is engaged in the business of trading into refined/filtered edible oils. The company’s major products include cottonseed oil, groundnut oil, sunflower oil. The Company also performs activity of bulk trading of palmolein oil and soyabean oil. Its products are sold under the brand name of “Dharti” and “Dharti SingTel”. The company’s operations are divided in these two major categories:

Wholesale trading

It purchases refined/filtered oils from the local oil refineries as per needed specification and requirements and subsequently, it is sold to Kanel Industries Limited as a bulk trading.

Retail trading

The company purchases refined/filtered oils from the local oil refineries as per needed specification and requirements and subsequently, it is sold to Kanel Industries Limited for re-filtration and thereafter the final product is packed into tin containers, jars, bottles or pouches of different sizes as per requirements. Thereafter, the company re-purchases refined/filtered packed edible oil from Kanel Industries Limited for retail selling in the market. Sun Retail offers refined/filtered edible oil in different packing size ranging from 15kg tin containers, 15 Litre jars, 5 Litre jars, 2 Litre jars, 1 Litre bottle, 1 Litre pouch, 500 ml bottle and 500 ml pouch.

Object of the Issue:

The objects of the Issue are to:

• Working Capital Requirements- INR7.09 crore
• General Corporate Purpose – INR2.43 crore
• Issue Expenses – INR0.60 crore

Financial Highlights :

Sun Retail’s financial performance (in INR crore)
		FY2014	FY2015	FY2016	FY2017	FY2018
Total revenue		16.44	23.10	25.63	68.06	65.32
Total expenses		16.44	23.09	25.70	67.79	64.97
Profit after tax		0.00	0.01	0.04	0.19	0.23

 

 

Company Promoters:

The Promoters of the Company is:

1. TJR Agrocom Private Limited

Contact Company Information:

Sun Retail Limited
213/214, Phase-II GIDC
Naroda
Ahmedabad – 382330

 

Phone: +91 079- 22843366
Email: sun_retail@yahoo.com
Website: www.dhartisingtel.com

 

 

Silgo Retail Ltd

Issue Analysis :

Issue opens	Sept.27, 2018
Issue Closes	Oct. 03, 2018
Issue Price	Rs 36
Lot Size	3000
Issue Size	4.88 Cr
Lead Manager	Aryaman Financial Services Limited
Registrar	Bigshare Services Pvt  Ltd
Platform	NSE

Company’s Snapshot :

Silgo Retail is engaged in the business of designing, manufacturing, retailing and wholesaling of silver jewellery. The company deals in silver jewellery and offers a wide variety of designs to suit the preferences of the end customers. With regional diversity of tastes and preferences, it has diverse portfolio of ornaments and jewellery to suit the taste and preferences.

Its products include silver jewellery with varied range of designs and the product portfolio includes rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewellery based on customer demand. Its online products are hallmarked jewellery certified by BIS and every product is cast in 925 sterling sliver. The company offers a wide range of products in silver jewellery for special occasions such as weddings and festivals to daily wear jewellery for all ages, genders and across various price points. It has a dedicated and efficient design team, focused on developing new products and designs that meet customers’ requirements using the latest 3D Computer-Aided Designing (CAD) Software.

Object of the Issue:

The objects of the Issue are to:

• Working Capital Requirement
• General Corporate Purpose
• Issue Expenses

Financial Highlights :

	FY2017	FY2018
Total revenue	4.98	16.47
Total expenses	4.71	15.15
Profit after tax	0.18	0.95

 

Company Promoters:

The Promoters of the Company is:

1. Mr Nitin Jain
2. Mrs Bela Agrawal

Contact Company Information:

Silgo Retail Limited
B–11, Mahalaxmi Nagar
Jawahar Lal Nehru Marg
Jaipur, Rajasthan– 302 017

 

Phone: +91 0141 4919655
Email: info@silgo.in
Website: www.silgo.in

 

 

Dolfin Rubbers Ltd

Issue Analysis :

Issue opens	Sept.27, 2018
Issue Closes	Oct. 01, 2018
Issue Price	Rs 26
Lot Size	4000
Issue Size	5.20 Cr
Lead Manager	Guiness Corporate Advisors Private Limited
Registrar	Bigshare Services Pvt  Ltd
Platform	BSE

Company’s Snapshot :

Dolfin Rubbers is engaged in manufacturing of Auto and Animal Driven Vehicle (ADV) tubes supporting the tyre industry near Ludhiana (Punjab). Its range of rubber tubes, suitable for tyres of various types of vehicles viz., Mopeds, Scooters, Motorcycles, Cars, Jeeps, Buses, Trucks and Tractors with the use of Butyl rubber.

The company was incorporated on 12 October 1995 and it started manufacturing tubes in the year 1997. Its registered office is located at 79/l, Block-H, Sarabha Nagar, Ludhiana- 141001, Punjab and it carries out production through its manufacturing unit situated at Village Gaunspur, Humbran-·141102, Ludhiana, Punjab. The company has established distribution network across India. It has presence in 27 states and union territories in India through distributors who assist it in supplying its products to a wide network of retail suppliers.

Object of the Issue:

The objects of the Issue are to:

• Working Capital Requirement
• General Corporate Purpose
• Issue Expenses

Financial Highlights :

Dolfin Rubbers’ financial performance (in INR crore)
	FY2013	FY2014	FY2015	FY2016	FY2017	10M FY2018
Total revenue	25.0	28.6	32.6	40.9	43.1	42.2
Total expenses	24.3	27.7	31.7	39.8	41.9	40.9
Profit after tax	0.50	0.57	0.67	0.53	0.70	1.03

 

 

Company Promoters:

The Promoters of the Company is:

1. Kawaljit Singh
2. Ratinder Kaur

Contact Company Information:

Dolfin Rubbers Limited
79/1, Block-H
Sarabha Nagar
Ludhiana Punjab 141002

 

Phone: +91 0161 5031030
Email: dolfintube@gmail.com
Website: www.dolfin.co.in