Davin Sons Retail Limited manufactures and designs 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.
Davin Sons Retail IPO – Details
| IPO Opening Date | 02 January 2025 |
| IPO Closing Date | 06 January 2025 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total Issue Size: 15,96,000 Shares Worth ₹8.78 Crore Fresh Issue: 15,96,000 Shares Worth ₹8.78 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Kfin Technologies Limited |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Davin Sons Retail IPO – Date Schedule
| IPO Open Date | 02 January 2025 |
| IPO Close Date | 06 January 2025 |
| Basis of Allotment | 07 January 2025 |
| Initiation of Refund | 08 January 2025 |
| Credit of Shares to Demat Account | 08 January 2025 |
| IPO Listing Date | 09 January 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 06, 2025 |
Davin Sons Retail IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,10,000 |
| Retail (Max) | 1 | 2000 | ₹1,10,000 |
| HNI (Min) | 2 | 4000 | ₹2,20,000 |
Competitive Strengths
- 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 Promoters
- Mr Mohit Arora
- Mr Nohit Arora
- Mr Davinder Arora
- Mrs Lalita Rani
- Mrs Sonam Arora
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | 3.91 | 3.14 | 0.56 | 1.28 |
| 31 March 2024 | 13.39 | 11.18 | 1.64 | 0.24 |
| 30 September 2024 | 6.34 | 5.35 | 0.73 | 1.94 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 49.41% |
| ROCE | 54.52% |
| RoNW | 29.58% |
| PAT Margin | 12.25 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.47 | 2.80 |
| P/E (x) | 12.29 | 19.67 |
Object 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;
Davin Sons Retail IPO Promoter Holding
| Pre Issue Share Holding | 90.68% |
| Post Issue Share Holding | 63.18% |
Davin Sons Retail IPO Prospectus
Company Contact Information
| 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 Retail IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: dsrl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Davin Sons Retail IPO Lead Manager(s)
| 1. Navigant Corporate Advisors Ltd |
Davin Sons Retail IPO FAQs
| What is Davin Sons Retail IPO? Davin Sons Retail IPO is an SME IPO. The issue is priced at ₹55 per equity share. The IPO is to be listed on BSE SME. |
| When Davin Sons Retail IPO will open? The IPO is to open on 02 January 2025 for QIB, NII, and Retail Investors. |
| What is Davin Sons Retail IPO Investors Portion? The investors’ portion for Retail – 50%, NII – 50%. |
| How to Apply the Davin Sons Retail IPO? You can apply Davin Sons Retail IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Davin Sons Retail IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Davin Sons Retail IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Davin Sons Retail IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Davin Sons Retail IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Davin Sons Retail IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Davin Sons Retail IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Davin Sons Retail IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Davin Sons Retail IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Davin Sons Retail IPO Size? Davin Sons Retail IPO size is ₹8.78 Crore. |
| What is Davin Sons Retail IPO Price Band? Davin Sons Retail IPO Price Band is ₹55. |
| What is Davin Sons Retail IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2,000 Shares with ₹1,10,000 amount while the maximum bid is 2,000 Shares with ₹1,10,000. |
| What is the Davin Sons Retail IPO Allotment Date? Davin Sons Retail IPO allotment date is 07 January 2025. |
| What is the Davin Sons Retail IPO Listing Date? Davin Sons Retail IPO listing date is 09 January 2025. The IPO is to be listed on BSE SME. |
