Davin Sons IPO description – Incorporated in February 2022, Davin Sons Retail is a public company based in Delhi, India. The company operates primarily in two business verticals: manufacturing readymade garments and distributing fast-moving consumer goods (FMCG). The roots of the business trace back to 2012 when the Arora brothers established M/s. Jesus Shirts focuses on garment design and production.
Davin Sons Retail specializes in high-quality jeans, denim jackets, and shirts, utilizing a job work model to outsource manufacturing to third-party contractors. This approach allows them to maintain quality control while offering diverse products tailored to market trends. In addition to garment manufacturing, the company has expanded into FMCG distribution, supplying a variety of packaged goods to retailers across multiple states including Delhi, Haryana, Punjab, Bihar, Uttar Pradesh, Rajasthan, Chhattisgarh and Arunachal Pradesh.
Promoters of Davin Sons Retail – Mr. Mohit Arora, Mr. Nohit Arora, Mr. Davinder Arora, Mrs. Lalita Rani, and Mrs. Sonam Arora
Table of Contents
Davin Sons Retail Issue Details
| Davin Sons IPO Dates | 2 – 6 January 2025 |
| Davin Sons Issue Price | INR 55 per share |
| Fresh issue | 15,96,000 shares (INR 8.78 crore) |
| Offer For Sale | NIL |
| Total IPO size | 15,96,000 shares (INR 8.78 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,10,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Davin Sons Financial Performance
| Â | FY 2023 | FY 2024 | H1 FY 2025 |
| Revenue | 3.83 | 13.39 | 6.28 |
| Expenses | 3.15 | 11.19 | 5.35 |
| Net income | 0.57 | 1.64 | 0.74 |
Davin Sons Offer News
- Davin Sons RHP
- Davin Sons Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Davin Sons Valuations & Margins
| FY 2023 | FY 2024 | |
| EPS | 1.82 | 4.63 |
| PE ratio | – | 11.88 |
| RONW (%) | 51.77 | 29.58 |
| NAV | 3.53 | 15.65 |
| ROCE (%) | 33.21 | 54.52 |
| EBITDA (%) | 18.02 | 17.44 |
Davin Sons IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Davin Sons IPO Subscription – Live Updates
The market maker reservation portion of 80,000 shares is not included in the above calculations.
Davin Sons IPO Allotment Status
Davin Sons IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Davin Sons IPO Dates & Listing Performance
| IPO Opening Date | 2 January 2025 |
| IPO Closing Date | 6 January 2025 |
| Finalization of Basis of Allotment | 7 January 2025 |
| Initiation of refunds | 8 January 2025 |
| Transfer of shares to demat accounts | 8 January 2025 |
| IPO Listing Date | 9 January 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Davin Sons Offer Lead Manager
NAVIGANT CORPORATE ADVISORS LIMITED
804, Meadows, Sahar Plaza Complex, J B Nagar,
Andheri Kurla Road, Andheri East, Mumbai-400 059
Phone: +91-22-41204837
Email:Â [email protected]
Website:Â www.navigantcorp.com
Davin Sons Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Davin Sons Contact Details
DAVIN SONS RETAIL LIMITED
609, Sixth Floor, P.P. City Centre Plot No. 3,
Road No. 44, Pitampura Rani Bagh,
Delhi, North West Delhi – 110034
Phone: +91-11-49092127
E-mail: [email protected]
Website: www.davinsonsretail.com
IPO FAQs
What is the Davin Sons Retail IPO size?
Davin Sons offer size is INR 8.78 crores.
What is the Davin Sons Retail IPO price band?
Davin Sons public offer price is INR 55 per share.
What is the lot size of the Davin Sons IPO?
Davin Sons offer lot size is 2,000 shares.
What is Davin Sons IPO GMP today?
Davin Sons IPO GMP today is INR NA per share.
What is the Davin Sons kostak rate today?
Davin Sons kostak rate today is INR NA per application.
What is Davin Sons IPO Subject to Sauda rate today?
Davin Sons Subject to Sauda rate today is INR NA per application.
