DAVIN SONS RETAIL LIMITED

02 Jan 2025 - 06 Jan 2025 Individual Category SME BSE

Min Investment

₹110000

Price Band

₹55

Issue Size

15.96 lakhs
Equity Shares

Lot Size

2000

IPO Dates
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02 Jan 2025

Open Date

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06 Jan 2025

Close Date

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07 Jan 2025

Allotment Date

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09 Jan 2025

Listing Date

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

Know Before Investing

Strengths icon

  • Diversified revenue sources and customer base.
  • Smooth flow of operations.
  • Customer oriented approach.
  • Infrastructural Strength.

Weaknesses icon

  • The Registered Office and warehouses of Company are not owned by them.
  • They have not executed any agreement with any of our Job workers contractors.
  • Failure to manage inventory could have an adverse effect on net sales profitability cash flow and liquidity.

About Davin Sons Retail Limited

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.

Founded

2022

Managing Director

Mr Mohit Arora

Parent Organization

Mr Mohit Arora

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.

Company Promoters

Mr Mohit Arora

Mr Nohit Arora

Mr Davinder Arora

Mrs Lalita Rani

Mrs Sonam Arora

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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