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Davin Sons Retail IPO
118.04xsubscribed

Davin Sons Retail IPO

Textile
listed
₹1.10LMin. investment

Davin Sons Retail Limited IPO Details

SectorTextile
Price range₹55.00 – ₹55.00
IPO type
SME
Lot size2000 shares
Issue size₹8Cr
Red Herring Prospectus
Read
Market cap
₹28.95CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹13.39CrLower than sector avg

Davin Sons Retail IPO Subscription Status

Date
QIB
NII
Retail
Total
02-Jan-25
0.0 times (X)
0.44 times (X)
4.96 times (X)
2.7 times (X)
03-Jan-25
0.0X
2.95X
22.03X
12.49X
06-Jan-25
0.0X
63.53X
161.84X
118.04X

As on 02-Jan-25, 5:30 PM

Davin Sons Retail IPO Timeline

  1. Pre-apply
    1 Jan 2025
  2. Bid start
    2 Jan 2025
  3. Bid end
    6 Jan 2025
  4. Allotment
    7 Jan 2025
  5. Release of funds
    8 Jan 2025
  6. Demat transfer
    8 Jan 2025
  7. Listing
    9 Jan 2025

About Davin Sons Retail Limited

Davin Sons Retail Limited operates in garment manufacturing and FMCG distribution. Initially focused on readymade garments, it outsources production and serves regions like Delhi, Uttar Pradesh, and Bihar with trendy denim products. In 2022, the company expanded into FMCG distribution, offering biscuits, chips, and drinks across several states. With warehouses in Delhi and Gurugram, it aims to improve operational efficiency, expand its market reach, and build strong customer relationships for continued growth in both sectors.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Davin Sons Retail Limited IPO

Business expansion
The company will spend ₹1.36 Cr to finance the Capital Expenditure for the purchase of a warehouse.
Working capital
The company will allocate ₹4.22 crore from the fresh issue towards working capital
General corporate purposes
The company will use part of its net IPO proceeds for general corporate purposes.

Compare

CompanyRevenue*PATMarket capP/E ratio
This IPO₹13.39Cr₹1.64Cr₹28.95Cr11.87
This sector (avg.)₹454.61Cr₹6.27Cr₹1,147.5Cr44.26
₹4,934.91Cr₹729.14Cr₹36,802.21Cr48.16
₹6,387.88Cr₹815.11Cr₹29,722.44Cr35.48
₹4,937.87Cr₹874.41Cr₹13,216.91Cr22.42

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Davin Sons Retail IPO Contact Details

Company NameDavin Sons Retail Limited

How to apply for Davin Sons Retail IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Davin Sons Retail Limited IPO FAQs