Davin Sons IPO GMP Live, Open Date, Close Date, Price Band

Davin Sons IPO open date is on January 2, 2025 to January 6, 2025. This new IPO is a fixed price issue worth up to Rs 8.78 crores of equity shares. This upcoming IPO is offering entirely a fresh issue of up to 15.96 lakh equity shares.

Davin Sons IPO price is Rs 55 per share. As of now, Davin Sons IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Davin Sons IPO lot size is 2000 shares, and the allotment status is finalised on Tuesday, January 7, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,10,000. The registrar for Davin Sons IPO is Kfin Technologies Limited. The listing date is Thursday, January 9, 2025.

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Davin Sons IPO GMP Live

Currently, Davin Sons IPO GMP live (grey market premium) is Rs 0. It is expected that the listing price can be the same as the allotment price, which is Rs 55 per share. However, if the subscription is oversubscribed in the upcoming time, then Davin Sons IPO GMP may go up.

Davin Sons IPO Price Band

Davin Sons IPO price Rs 55 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,10,000 (55 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,20,000 (55 x 4000 shares).

Davin Sons Allotment Status

Davin Sons IPO Allotment status will be available on its registrar Kfin Technologies Limited website on Tuesday, January 7, 2025, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Davin Sons Listing Date

Davin Sons IPO listing date has been decided on Thursday, January 9, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Davin Sons IPO: Listing Date, Lot Size, Issue Size, Price Band

Davin Sons Retail IPO: About the Company

Davin Sons Retail Limited, incorporated in February 2022, in Delhi, India. The company operates primarily in two sectors: manufacturing readymade garments and distributing fast-moving consumer goods (FMCG).

Davin Sons Retail garment division specialises in high-quality products like jeans, denim jackets, and shirts. The company has expanded its FMCG distribution network, supplying various packaged goods to retailers across multiple states which is Delhi, Haryana, and Punjab.

With a strong market presence and a focus on quality, Davin Sons Retail further focuses in to capitalise on the growing demand in both the apparel and FMCG sectors in India.

Davin Sons IPO Objectives

Davin Sons IPO objectives include utilising the funding received from the fresh issue for various objectives, including financing the capital expenditure for the purchase of the warehouse, meeting general corporate purposes, and partially financing the requirements of working capital.

Davin Sons IPO: Key Dates, Allotment, Listing Date

Davin Sons IPO Subscription status, IPO Reservation

Davin Sons IPO subscription reservations are as follows: 50% of the net issue is reserved for the retail category, and the remaining 50% is reserved for other categories, which may include QIB and HNI.

Davin Sons IPO Lot Size Details

Davin Sons IPO lot size is set at 2000 shares per lot. The minimum funds required for retail investors to participate in this IPO is Rs 1,10,000 (55 x 2000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,20,000 (55 x 4000 shares).

Davin Sons IPO Promoter Holdings

Davin Sons IPO promoters Mr Mohit Arora, Mr Nohit Arora, Mr Davinder Arora, Mrs Lalita Rani and Mrs Sonam Arora. The promoter's combined shareholdings before the IPO were 90.68%; however, post-IPO, their shareholdings will decline to 63.18%.

Davin Sons Retail Limited Financials (Amt in Lakhs)

Lead Manager and Registrar of Davin Sons IPO

Davin Sons, IPO lead manager, is Navigant Corporate Advisors Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

How to apply to the Davin Sons IPO

Interested investors who want to apply to the Davin Sons IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Davin Sons IPO FAQs

1. What are the core details available of the Davin Sons IPO?

Davin Sons IPO is a book-built issue worth up to Rs 8.78 crores. This upcoming IPO is entirely a fresh issue of up to 15.96 lakh equity shares.

2. What is the Davin Sons IPO open date and close date?

Davin Sons IPO subscription opens on Thursday, January 2, 2025, and closes on Friday, Monday, January 6, 2025.

3. What is Davin Sons IPO GMP Live?

Currently, Davin Sons IPO GMP live (grey market premium) is Rs 0. It is expected that the listing price can be the same as the allotment price, which is Rs 54 per share. However, if the subscription is oversubscribed in the upcoming time, then Davin Sons IPO live GMP may go up.

4. How do you check the IPO Allotment status?

Davin Sons IPO Allotment status is available on its registrar, Kfin Technologies Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers for Davin Sons IPO?

Davin Sons IPO lead manager, is Navigant Corporate Advisors Limited. The company has appointed Kfin Technologies Limited as the registrar for this public issue.

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?