North West Delhi-based Davin Sons Retail IPO is a Book Built Issue. This is a BSE SME IPO which is open for subscription on 2 January 2025 and will close on 6 January 2025. The price band of the IPO is ₹55 per share.
The total IPO Size is ₹8.78 crore in which fresh issue of ₹8.78 crores and offer for sale up to [.] equity shares. The company set face value of ₹10 each. You can apply for Davin Sons Retail IPO for minimum lot size is 2000 shares for the retail investors, aggregating to an investment of ₹1,10,000.
This IPO is to be list on BSE SME platform on 9 January,2025, and allotment date is on 7 January,2025 which check Davin Sons Retail IPO allotment status on Kfin Technologies Limited. is the registrar for this offering.
The book-running lead managers of this IPO is Navigant Corporate Advisors Ltd.For more information check Davin Sons Retail IPO DRHP and RHP details.
Davin Sons IPO Details
IPO Issue Open Date:
2 January 2025
IPO Issue Close Date:
6 January 2025
IPO Issue Price Band:
₹55 Per Share
Face Value:
₹10 Per Equity Share
IPO Issue Size:
₹8.78 Crores | 15,96,000 shares
Fresh Issue:
₹8.78 Crores | 15,96,000 shares
Offer for Sale:
₹[.] Crores
Issue Type:
Book Built Issue
IPO Listing At:
BSE SME
IPO Retail Quota:
Not more than 35%
QIB Quota:
Not more than 50%
NII Quota:
Not more than 15%
Employee Discount:
₹[.] per share
Davin Sons IPO Prospectus:
Checkout the Davin Sons IPO Prospectus of DRHP and RHP file.
Get the tentative dates and schedule for latest IPO Davin Sons IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:
2 January 2025
Issue Close Date:
6 January 2025
Basis of Allotment Date:
7 January 2025
Refunds Initiation:
8 January 2025
Shares Credit in Demat:
8 January 2025
IPO Listing Date Detail:
9 January 2025
Davin Sons IPO Market Lot
You can bid for a minimum of 2000 shares and maximum =4000 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
Application
Lot Size, Shares and Price Details
Retail (Min)
1 lots and 2,000 shares = ₹1,10,000
Retail (Max)
1 lots and 2,000 shares = ₹1,10,000
HNI (Min)
2 lots and 4,000 shares = ₹2,20,000
B-HNI Minimum
–
Davin Sons IPO GMP*
GMP Date
GMP Today
Subject to Sauda
Kostak
Expected Gain
Today
₹5
₹10,000
₹-
9%
8th Jan
₹5
₹10,000
₹-
9%
7th Jan
₹5
₹10,000
₹-
9%
6th Jan
₹15
₹23,000
₹-
27%
4th Jan
₹15
₹23,000
₹-
27%
3th Jan
₹15
₹23,000
₹-
27%
2th Jan
₹-
₹-
₹-
₹-
About Davin Sons
Davin Sons Retail Limited, founded in March 2022, is involved in the business of manufacturing Garments and Distribution of FMCG products. Under the manufacture of garments, the process includes cutting, stitching, sewing, finishing, inspection, and packing. They provide a large selection of goods in the production of ready-made clothing, including premium jeans, denim jackets, denim fabrics, and t-shirts for other brands. Their ready-made garments are supplied to customers such as Megashop, V-Bazaar, Sam Stitch, V2 Retail, A3 Retail, and Chandra Fabrics. In addition to manufacturing garments, they are also in the business of distributing fast-moving consumer goods (FMCG) by buying them from other well-known brands and businesses and reselling them to other retailers, store owners, distributors, and agents. As of now, DavinSons Retail supplies and distributes its products in the states of Delhi, Haryana, West Bengal, Uttar Pradesh, Punjab, Rajasthan, and Arunachal Pradesh. At the end of FY 2024, the company’s revenue increased by 242%, and profit after tax climbed by 190%, respectively.
Davin Sons IPO Strengths
Experienced Management team having domain knowledge to scale up and expand into new opportunities
Diversified revenue sources and customer base;
Smooth flow of operations;
Customer oriented approach;
Infrastructural Strength;
Objects of the IPO Issue
To finance the Capital Expenditure for the purchase of the Warehouse
To part finance the requirement of Working Capital
To meet General corporate purposes;
Davin Sons Company Financial Report
The company reported revenue of ₹13.39 crores in 2024 against ₹3.91 crores in 2023. The company reported a profit of ₹1.64 crores in 2024 against a loss of ₹0.57 crores in 2023.
Period Ended
Revenue
Expense
Profit After Tax
Assets
2023
₹3.91
₹3.15
₹0.57
₹4.56
2024
₹13.39
₹11.19
₹1.64
₹8.83
September 2024
₹6.34
₹5.35
₹0.74
₹10.36
Davin Sons IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
KPI
Values
ROE:
49.41%
ROCE:
54.52%
EBITDA Margin:
17.44%
PAT Margin:
12.25%
Debt to equity ratio:
–
Earning Per Share (EPS):
₹4.63 (Basic)
Price/Earning P/E Ratio:
11.88
Return on Net Worth (RoNW):
29.58%
Net Asset Value (NAV):
₹15.65
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
Davin Sons IPO allotment status check on Link Intime website. Click on Kfin Technologies to get allotment status.
Promoters of Davin Sons
Mr Mohit Arora
Mr Nohit Arora
Mr Davinder Arora
Mrs Lalita Rani
Mrs Sonam Arora.
Company Address
Davin Sons Retail Limited 609, Sixth Floor, Road No. 44, Pitampura P.P. City Centre Plot No. 3,Road No. 44, Pitampura Rani Bagh-, North West Delhi -110034 Phone: + 91-11- 4909212 Email: info@davinsonsretail.com Website: http://www.davinsonsretail.com/
Davin Sons IPO FAQs
What is Davin Sons IPO Detail?
Davin Sons IPO is a main-board IPO. The company is going to raise ₹8.78 Crores via IPO. The issue is priced at ₹55 pr equity share. The IPO is to be listed on NSE.
How to Apply Davin Sons IPO Online?
You can apply for Davin Sons IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.
When Davin Sons IPO will open?
The IPO is to open on 2 January 2025 for QIB, NII, and Retail Investors. The IPO will close on 6 January 2025.
What is Davin Sons IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Davin Sons IPO Size?
Davin Sons issue size is ₹8.78 crores.
What is Davin Sons IPO Price Band?
Davin Sons IPO Price Band is ₹55.
What is the Lot Size of Davin Sons IPO?
The Davin Sons IPO minimum bid size is2,000 Shares with ₹110,000 amount.
What is the Davin Sons IPO Allotment Date?
Davin Sons IPO allotment date is 7 January, 2025.
What is the Davin Sons IPO Listing Date?
Davin Sons IPO listing date is 9 January, 2025. The IPO is to list on BSE SME.
