Davin Sons Retail Limited IPO

BSE SME Allotment Out

Offer Date: Jan 2, 2025 - Jan 6, 2025

Exp. Premium: 5 (9.09%)

₹ 110000 /2000 Shares

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Davin Sons Retail IPO Live Subscription Details

Date

06 Jan 2025,05:11:40 PM

NII

66.21

Retail

164.78x

Total

120.85 times

Davin Sons Retail IPO Details

02 Jan, 2025

Open Date

06 Jan, 2025

Close Date

07 Jan, 2025

Allotment Date

09 Jan, 2025

Listing Date

Issue Price

₹55 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Kfin Technologies Limited

Market Lot

2000 Shares (₹110,000/-)

Lead Manager

Navigant Corporate Advisors Ltd

Issue Size

15,96,000 shares(aggregating up to ₹8.78 Cr)

Retail Portion

50%

Subscription

120.85 times

IPO Docs

DRHP RHP

Davin Sons Retail IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	7,58,000	7,58,000	15,96,000
Day 1 - 02-01-25 06:00 PM	0.55 x	4.89 x	2.72 x
Day 2 - 03-01-25 06:00 PM	3.03 x	22.03 x	12.53 x
Day 3 - 06-01-25 06:00 PM	66.21 x	164.78 x	120.85 x

Total No. of Applications: 1,00,365 (Approx)

Davin Sons Retail Valuations

EPS Pre IPO

₹4.47/-

EPS Post IPO

₹2.80/-

P/E Pre IPO

12.29

P/E Post IPO

19.67

RoNW

29.58%

Davin Sons Retail Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	883.12	455.97	N/A
Revenue	1,339.16	391.33	N/A
Profit After Tax	164.05	56.62	N/A

About The Company

Davin Sons Retail Limited manufactures and designs a wide range of high-quality readymade garments, including jeans, denim jackets, and shirts for other brands.

The company's area of operation is in the states of Haryana, Delhi, Punjab, Arunachal Pradesh, Rajasthan, Gujarat, Bihar and Chhattisgarh where customers are scattered across large area.

Davin Sons Retail - Promoter(s)

Pre Issue Share Holding: 90.68%

Post Issue Share Holding: 63.18%

Company Promoter(s)

Mr Mohit Arora
Mr Nohit Arora
Mr Davinder Arora
Mrs Lalita Rani
Mrs Sonam Arora

Davin Sons Retail IPO - Issue Objectives

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 Retail IPO - FAQs

Ans. Davin Sons Retail Limited IPO is a SME IPO. The issue is priced at ₹55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jan 2, 2025, and closes on Jan 6, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Davin Sons Retail Limited IPO opens on Jan 2, 2025 and closes on Jan 6, 2025.

Ans. The size of Davin Sons Retail Limited IPO is 15,96,000 shares(aggregating up to ₹8.78 Cr).

Ans. The IPO price band is set between ₹55 per equity share.

Ans. To apply for Davin Sons Retail Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Davin Sons Retail Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Davin Sons Retail Limited IPO is Jan 7, 2025.

Ans. The Davin Sons Retail Limited IPO will be listed on Jan 9, 2025.

Ans. Follow the steps to check the allotment status for Davin Sons Retail Limited IPO here.