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Davin Sons Retail Limited IPO (Davin Sons Retail Limited IPO) Details
Davin Sons Retail Limited
Davin Sons Retail Limited IPO's overview
Davin Sons Retail Limited IPO is a book built issue of ₹0. The issue includes a fresh issue of 15.96 Lakh (15,96,000) shares aggregating to ₹0.
Davin Sons Retail Limited IPO is open for subscription on Jan 02, 2025 and closes on Jan 06, 2025. The allotment for Davin Sons Retail Limited IPO is expected to be finalized on Jan 07, 2025. The shares will list on NSE, BSE with tentative listing date fixed as Jan 09, 2025.
Davin Sons Retail Limited IPO price band is set at ₹55 to ₹0 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹1.10 Lakh (1,10,000).
Refer to Davin Sons Retail Limited IPO RHP for detailed information.
IPO date
Jan 02,2025 - Jan 06,2025
Listing Date
Jan 09,2025
Face value
₹10
Price Band
0
Lot
₹2000 Shares
Total Issue Size
15.96 Lakh (15,96,000)
aggregating up to ₹0
Fresh Issue
15.96 Lakh (15,96,000)
aggregating up to ₹0
Issue Type
Book Building
IPO Type
SMEListing At
NSEBSE
Pre Issue Size
36.67 Lakh (36,66,792)
Post Issue Size
52.63 Lakh (52,62,792)
Thu, Jan 02, 2025
IPO Open
Mon, Jan 06, 2025
IPO Close
Tue, Jan 07, 2025
Basis of Allotment
Wed, Jan 08, 2025
Initiation of Refunds
Wed, Jan 08, 2025
Credit of Shares to Demat
Thu, Jan 09, 2025
Listing
Davin Sons Retail Limited IPO Day-wise IPO GMP Trend
Davin Sons Retail Limited IPO last GMP is ₹5, last updated Jan 08,2025. With the price band of 55.00, Davin Sons Retail Limited IPO's estimated listing price is ₹60 (cap price + today's GMP).The expected percentage gain/loss per share is 9.09%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 08-Jan-25 | 55.00 | 5 | 60(9.09%) | 8-Jan-2025 15:25 |
| 07-Jan-25 | 55.00 | 5 | 60(9.09%) | 7-Jan-2025 22:30 |
| 06-Jan-25 | 55.00 | 5 | 60(9.09%) | 6-Jan-2025 22:24 |
| 05-Jan-25 | 55.00 | 15 | 70(27.27%) | 5-Jan-2025 22:29 |
| 04-Jan-25 | 55.00 | 15 | 70(27.27%) | 4-Jan-2025 22:31 |
| 03-Jan-25 | 55.00 | 15 | 70(27.27%) | 3-Jan-2025 22:27 |
| 02-Jan-25 | 55.00 | 15 | 70(27.27%) | 2-Jan-2025 22:26 |
| 01-Jan-25 | 55.00 | 0 | 55(0.00%) | 1-Jan-2025 22:26 |
| 31-Dec-24 | 55.00 | 0 | 55(0.00%) | 31-Dec-2024 22:30 |
| 30-Dec-24 | 55.00 | 0 | 55(0.00%) | 30-Dec-2024 22:27 |
| 29-Dec-24 | 55.00 | 0 | (0.00%) | 29-Dec-2024 13:33 |
Davin Sons Retail Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 2,000 | ₹0 |
Retail(Max) | 1 | 2,000 | ₹0 |
SHNI(Min) | 2 | 4,000 | ₹0 |
Davin Sons Retail Limited IPO Financial Information (Restated Consolidated)
| Label | Sep 30, 2024 | Mar 30, 2024 | Mar 31, 2023 |
|---|---|---|---|
| Assets | 1,036.2 | 883.12 | 455.97 |
| Revenue | 634.1 | 1,339.16 | 391.33 |
| Profit After Tax | 73.59 | 164.05 | 56.62 |
| Net Worth | 627.78 | 554.65 | 109.37 |
| Reserves and Surplus | |||
| Total Borrowing | 194.45 | 24 | 128.15 |
| Davin Sons Retail Limited Financial Information | |||
About Davin Sons Retail Limited
Established: March 2022
Industry: Apparel Manufacturing and FMCG Distribution
Business Verticals
-
Manufacturing of Readymade Garments:
- Specializes in designing and producing high-quality garments, including:
- Jeans
- Denim Jackets
- Shirts
- Operates primarily on a job-work basis, manufacturing for other brands.
- Specializes in designing and producing high-quality garments, including:
-
Distribution of FMCG Products:
- Extensive distribution network across multiple states in India.
Area of Operations
The company's operations span a diverse range of states, including:
- Haryana
- Delhi
- Punjab
- Arunachal Pradesh
- Rajasthan
- Gujarat
- Bihar
- Chhattisgarh
Workforce
- As of December 2024: 20 employees across various sectors.
Competitive Strengths
-
Diversified Product Portfolio:
- Offers a wide range of garments and FMCG products, catering to various customer needs.
-
Quality and Innovation Focus:
- Emphasizes superior craftsmanship and innovative designs in its garments.
-
Experienced Leadership:
- Promoters and management bring extensive industry experience and a proven track record.
-
Strong Customer and Supplier Relationships:
- Maintains excellent rapport with stakeholders, ensuring business continuity and growth.
-
Resilience through Diversification:
- A dual business model mitigates risks associated with industry-specific downturns.
Strategic Advantages
-
Geographical Reach:
- Operates across a broad region, ensuring access to diverse markets and customers.
-
Customized Production:
- Manufacturing on a job-work basis allows flexibility to meet the unique needs of various brands.
-
Market Resilience:
- A mix of garment manufacturing and FMCG distribution ensures stability during market fluctuations.
Conclusion
Davin Sons Retail Limited, though a relatively new entrant in the industry, has established itself as a versatile and dynamic company with a strong focus on quality, innovation, and diversification. With experienced leadership, robust customer and supplier relationships, and a well-diversified business model, the company is poised for sustained growth and resilience in both the readymade garment and FMCG sectors.
Davin Sons Retail Limited IPO's documents
Davin Sons Retail Limited Contact Details
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: [email protected]
Website: http://www.davinsonsretail.com/
Davin Sons Retail Limited IPO's Promoters
The promoters of the company are Mr Mohit Arora, Mr Nohit Arora, Mr Davinder Arora, Mrs Lalita Rani and Mrs Sonam Arora.
Davin Sons Retail Limited IPO Registrar
Phone:
04067162222, 04079611000
Email: