Davin Sons Retail Ltd. IPO
Issue Price
₹55
GMP
—
Lot Size
2,000
Face Value
₹10
Issue Size
1,596,000 shares (aggregating up to ₹9 Cr)
Subscription
—
IPO Timeline
Open Date2-Jan-25
Close Date6-Jan-25
Allotment7-Jan-25
Refund Initiation8-Jan-25
Demat Credit8-Jan-25
UPI Mandate Deadline6-Jan-25
Listing Date9-Jan-25
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 758,000 (47%) | — | ₹417 Cr |
| Retail | — | 758,000 (47%) | — | ₹417 Cr |
| Market Maker | — | 80,000 (5%) | — | ₹4 Cr |
| Σ Total | — | 1,596,000 (100%) | — | ₹8,778 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹55
Face Value₹10
Lot Size2,000 shares
Issue Size1,596,000 shares (aggregating up to ₹9 Cr)
Issue TypeFixed Price IPO
Listing ExchangeBSE SME
Sale TypeFresh Capital
Script Code—
Net Offer to Public1,516,000 shares (aggregating up to ₹8 Cr)
Amount In₹ Lakhs
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,540,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,370,000 |
Retail1 lot(s)2,000 shares₹110,000
S-HNI2 lot(s)4,000 shares₹220,000
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 634 | 1,339 | 391 |
| Profit After Tax | 74 | 164 | 57 |
| Net Worth | 628 | 555 | 109 |
| Total Assets | 1,036 | 883 | 456 |
| Total Borrowing | 194 | 24 | 128 |
Valuation & Key Ratios
ROE49%
ROCE55%
RONW30%
PAT Margin12%
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS₹4
Post EPS₹3
Pre P/E12
Post P/E20
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the 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; –
Company Overview
Incorporated in March 2022, 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 has two business verticals:
- Manufacturing of readymade Garments through job work basis;
- Distribution of FMCG products.
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.
As of December 2024, the company has 20 employees in various sectors.
Competitive Strength
- Diversified Product Portfolio
- Focus on Quality and Innovation
- Experienced Promoter and management team with strong industry expertise and successful track record
- Cordial relations with our customers and Suppliers.
- A diversified business model safeguards the company from industry-specific slowdowns.
Company Information
Address609, Sixth Floor, Road No. 44, Pitampura P.P. City Centre Plot No. 3,Road No. 44, Pitampura Rani Bagh-, North West Delhi -110034 Delhi, New Delhi
Phone+ 91-11- 4909212