The Davin Sons IPO minimum market lot is 2,000 shares with ₹1,10,000 application amount. The Davin Sons IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Davin Sons IPO Subscription Status – Day 2
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.55 | 3.03 | 0.00 |
| RII | 4.89 | 22.03 | 0.00 |
| Total | 2.72 | 12.53 | 0.00 |
Davin Sons IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Davin Sons IPO Review and Rating
- Avoid
Davin Sons IPO Form
How to apply for the Davin Sons IPO? You can apply for Davin Sons IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Davin Sons IPO in the Invest section. The other option is you can apply for Davin Sons IPO via IPO forms downloaded online. Check out the Davin Sons forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
