Davin Sons Retail Limited
Davin Sons Retail Limited
SME BSE SME Fixed Price
Closed

Price Band

₹55

Total Issue

₹9 Cr

Bid Dates

02 Jan - 06 Jan

Subscription

0.00x

Listing Price

₹44 (-20.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹28.95 Cr

P/E Ratio

11.88x

P/B Ratio

3.51x

Davin Sons Retail IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Davin Sons Retail Limited was incorporated with the goal of acquiring the proprietorship concern “Jesus Shirts,” owned by Mr. Mohit Arora, which specialized in manufacturing readymade garments on a job work basis. The company expanded its business on August 1, 2022, by adding distribution services for large FMCG brands, handling products such as branded packaged foods, energy drinks, and chips. On March 2, 2023, the company formally acquired the operations and assets of “Jesus Shirts” as a going concern, effective from February 28, 2023. Since inception, the promoters have overseen operations and strategic decisions. Today, the company operates two main verticals: garment manufacturing (job work basis) and FMCG product distribution.

Davin Sons Retail IPO Lot Size

Lot Information for Davin Sons Retail IPO
Category Lots Shares Amount
Ind (Min) 1 2,000 ₹1,10,000
Ind (Max) 1 2,000 ₹1,10,000
Others (Min) 2 4,000 ₹2,20,000
Allocate Funds
Market Maker
80,000 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Davin Sons Retail IPO Size

Total ₹9 Cr
Fresh Issue
₹9 Cr (0.16 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. To finance the Capital Expenditure for purchase of Warehouse
  2. To part finance the requirement of Working Capital
  3. To meet General corporate purposes

Davin Sons Retail IPO Live Subscription

Updated as on Last updated time: N/A

Davin Sons Retail IPO Subscription Status
Category Sub (x) Offered Bids
Retail 0.00x 7,58,000 0
Others 0.00x 7,58,000 0
Total 0.00x 15,16,000 0

Davin Sons Retail IPO Details Live GMP

GMP ₹0
Est. Price ₹55
Est. Gain 0.00%

Davin Sons Retail IPO Peer Comparison

  • There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.

Davin Sons Retail IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Davin Sons Retail IPO
Particulars Sep-24 Mar-24 Mar-23
Revenue from Operations 6.28 13.39 3.83
Profit after Tax 0.74 1.64 0.57
Net Worth 6.28 5.55 1.09
Total Borrowing 1.94 0.24 1.28
Total Assets 1.51 3.30 2.46
NAV per share (in ₹) 17.12 15.65 3.53
EPS - Basic (in ₹) 2.01 4.63 1.82

Key Performance Indicators (KPIs)

EBITDA

17.44%

PAT

12.25%

ROE

49.41%

ROCE

54.52%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

0.52%

Public

99.48%

Mr. Mohit Arora 52.53%
Mr. Nohit Arora 15.93%
Mr. Davinder Arora 11.06%
Mrs. Lalita Rani 10.64%

Management

Mr. Mohit Arora
Chairman & MD
Ms. Shruti Khanna
CFO

Registrar & Lead Managers

Registrar

KFin Technologies

Lead Managers (1)

Navigant Corporate

Company Details

Name: Davin Sons Retail Limited

Address: 609, Sixth Floor, P.P. City Centre Plot No. 3, Road No. 44, Pitampura Rani Bagh, Delhi, North West Delhi -110034

Number: + 91-11- 49092127

Email: info@davinsonsretail.com

Website: www.davinsonsretail.com

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Frequently Asked Questions (FAQs)

What is Davin Sons Retail IPO?
Davin Sons Retail IPO is a SME IPO having an issue size of ₹9 Crs. Davin Sons Retail IPO is priced at ₹55 - ₹55 per share. The issue opens on 02 Jan 25 and closes on 06 Jan 25.
When will Davin Sons Retail IPO open?
Davin Sons Retail IPO opens on 02 Jan 25 and closes on 06 Jan 25.
What is the GMP of Davin Sons Retail IPO?
The estimated Grey Market Premium of Davin Sons Retail IPO is ₹0 per share (0.00%).
What is the lot size of Davin Sons Retail IPO?
The minimum lot size of Davin Sons Retail IPO is 2000 shares & the minimum application amount is Rs. 110000.
When is the allotment of Davin Sons Retail IPO?
The allotment date of Davin Sons Retail IPO is 07 Jan 25.
What is the listing date of Davin Sons Retail IPO?
The listing date of Davin Sons Retail IPO is 09 Jan 25.
What is the subscription of Davin Sons Retail IPO?
Davin Sons Retail IPO is subscribed -.
What is the price band of Davin Sons Retail IPO?
Davin Sons Retail IPO is priced at ₹55 - ₹55 per share.
How to check allotment status of Davin Sons Retail IPO?
Click the allotment link on Davin Sons Retail IPO page of IPO360.
How to apply Davin Sons Retail IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Davin Sons Retail IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Davin Sons Retail IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Davin Sons Retail IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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