Davin Sons IPO Details
| IPO Open Date: | January 2, 2025 |
| IPO Close Date: | January 6, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹55 Per Share |
| Issue Size: | Approx ₹8.78 Crores |
| Fresh Issue: | Approx ₹8.78 Crores |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than [.]% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Davin Sons IPO Market Lot
The Davin Sons IPO minimum market lot is 2000 shares with ₹1,10,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2,000 | ₹1,10,000 |
| Retail Maximum | 1 | 2,000 | ₹1,10,000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,20,000 |
Davin Sons IPO Dates
The Davin Sons IPO date is January 2 and the close date is January 6. The Davin Sons IPO allotment will be finalized on January 7 and the IPO listing on January 9.
| IPO Open Date: | January 2, 2025 |
| IPO Close Date: | January 6, 2025 |
| Basis of Allotment: | January 7, 2025 |
| Refunds: | January 8, 2025 |
| Credit to Demat Account: | January 8, 2025 |
| IPO Listing Date: | January 9, 2025 |
Promoters of Davin Sons IPO
The promoters of the company are Mr Mohit Arora, Mr Nohit Arora, Mr Davinder Arora, Mrs Lalita Rani and Mrs Sonam Arora.
About Davin Sons IPO
Incorporated in March 2022, Davin Sons Retail Limited is one of the growing companies engaged in the business of manufacturing Garments and Distribution of FMCG products. The manufacturing garments process generally contains cutting, stitching, sewing, finishing, inspection, and packing. In the manufacturing of readymade garments, they offer a wide range of products such as High-quality jeans, denim fabrics, denim jackets, and t-shirts for other brands. A3 Retail, V-Bazaar, Sam Stitch, V2 Retail, Megashop, and Chandra Fabrics are some of the clients they supply their readymade garments. Other than manufacturing garments, they are also involved in the business of Distribution of FMCG (Fast-Moving Consumer Goods products), where they purchase FMCG products from other famous brands/companies and sell them to various retailers, shopkeepers, other distributors, and agents. As of now, DavinSons Retail supplies and distributes its products in the states of Delhi, Haryana, West Bengal, Uttar Pradesh, Punjab, Rajasthan, and Arunachal Pradesh. At the end of FY 2024, the company’s revenue increased by 242%, and profit after tax climbed by 190%, respectively.
Davin Sons IPO Company Financial Report
The company reported revenue of ₹13.39 crores in 2024 against ₹3.91 crore in 2023. The company reported profit of ₹1.64 crores in 2024 against Profit of ₹0.57 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹3.91 | ₹3.15 | ₹0.57 | ₹4.56 |
| 2024 | ₹13.39 | ₹11.19 | ₹1.64 | ₹8.83 |
| September 2024 | ₹6.34 | ₹5.35 | ₹0.74 | ₹10.36 |
Davin Sons IPO Valuation – FY2024
Check Davin Sons IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 49.41% |
| ROCE: | 54.52% |
| EBITDA Margin: | 17.44% |
| PAT Margin: | 12.25% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹4.63 (Basic) |
| Price/Earning P/E Ratio: | 11.88 |
| Return on Net Worth (RoNW): | 29.58% |
| Net Asset Value (NAV): | ₹15.65 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| – | – | – | -% | – | – Cr. |
| – | – | – | -% | – | – Cr. |
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;
Davin Sons IPO Review
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Davin Sons IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Navigant Corporate Advisors Ltd
Company Address
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: [email protected]
Website: http://www.davinsonsretail.com/
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Note: The Davin Sons IPO price band and date are officially announced. The (Davin Sons IPO grey market premium) will be added to the IPO GMP page as it will start).
