Davin Sons Retail Limited
Davin Sons Retail Limited
Price Band
₹55
Total Issue
₹8.78 Cr
Bid Dates
02 Jan - 06 Jan
Subscription
-
Est. GMP
₹0 (0.00%)
Tentative Timetable
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.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 1 | 2,000 | ₹1,10,000 |
| Individual (Max) | 1 | 2,000 | ₹1,10,000 |
| Others (Min) | 2 | 4,000 | ₹2,20,000 |
Issue Size
Objects of Issue
- To finance the Capital Expenditure for purchase of Warehouse
- To part finance the requirement of Working Capital
- To meet General corporate purposes
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
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.
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
17.44%
PAT
12.25%
ROE
49.41%
ROCE
54.52%
PE Ratio
11.88
PB Ratio
3.51
Mkt Cap (in Crs.)
28.95
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
0.52%
Public
99.48%
Management
Subscription Status
Updated as on Last updated time: N/A
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| Total | 0.00x | 15,16,000 | 0 |
Frequently Asked Questions
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How to apply Davin Sons Retail IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Davin Sons Retail IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Davin Sons Retail IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Davin Sons Retail IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date