Davin Sons Retail Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

02 Jan 2025

Close Date

06 Jan 2025

Allotment

07 Jan 2025

Listing Date

09 Jan 2025

Exchange

BSE SME

Price Band

₹55

Listing Price

See chart

Allotment Status

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Price Band

₹55

Per share

Face Value

₹10 per share

Lot Size

2,000 Shares

per lot

Issue Size

15,96,000 shares (aggregating up to ₹8.78 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹110,000

1 lot

Pre-IPO Holding

36,66,792 shares

Promoters

Post-IPO Holding

52,62,792 shares

Promoters

P/E (Pre)

12.29x

P/E (Post)

19.67x

EPS (Pre)

₹4.47

EPS (Post)

₹2.80

UPI Deadline

2025-01-06

Mandate

Anchor AllotmentWed, 01 Jan 2025

Basis of AllotmentTue, 07 Jan 2025

Refund InitiationWed, 08 Jan 2025

Demat CreditWed, 08 Jan 2025

Listing DayThu, 09 Jan 2025

UPI Mandate Deadline2025-01-06

Sale TypeFresh Capital

Net Offer to Public15,16,000 shares (aggregating up to ₹8.34 Cr)

Market Maker Quota80,000 shares (aggregating up to ₹0.4400 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Davin Sons Retail Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Jan 2025.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	80,000	—	₹0.44
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,596,000	100%	₹8.78

IPO Shares Offered

Davin Sons Retail Ltd. IPO total issue size: ₹8.78 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	80,000	₹0.44	5.01%
Total	1,596,000	₹8.78	100.00%

* Based on upper price band ₹55 per share

Lot Size & Investment

Lot Size

2,000

Shares per Lot

Issue Price

₹55.00

Upper Band

Min Investment

₹110,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	4,000	₹220,000
Retail (Max — 13 Lots)	13	26,000	₹1,430,000
S-HNI (Min — 14 Lots)	14	28,000	₹1,540,000
B-HNI (Min — 68 Lots)	68	136,000	₹7,480,000

* Issue Price ₹55 × Lot Size 2,000 shares

IPO Schedule

Anchor

01 Jan 2025

✓ Done

IPO Open

02 Jan 2025

✓ Done

IPO Close

06 Jan 2025

✓ Done

Allotment

07 Jan 2025

✓ Done

Refunds

08 Jan 2025

✓ Done

Demat Credit

08 Jan 2025

✓ Done

Listing Day

09 Jan 2025

✓ Done

₹55.00

INR · BSE

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Issue ₹55.00 Live Price

About Davin Sons Retail Ltd.

Incorporated in March 2022, Davin Sons Retail Limited manufactures and designs a wide range of high-quality readymade garments, including jeans, denim jackets, and shirts for other brands.The company has two business verticals:Manufacturing of readymade Garments through job work basis;Distribution of FMCG products.The company's area of operation is in the states of Haryana, Delhi, Punjab, Arunachal Pradesh, Rajasthan, Gujarat, Bihar and Chhattisgarh where customers are scattered across large area.As of December 2024, the company has 20 employees in various sectors.Competitive StrengthDiversified Product PortfolioFocus on Quality and InnovationExperienced Promoter and management team with strong industry expertise and successful track recordCordial relations with our customers and Suppliers.A diversified business model safeguards the company from industry-specific slowdowns.

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 Retail Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹391.3

31 Mar 2023

₹1,339.2

31 Mar 2024

₹634.1

30 Sep 2024

Profit After Tax (PAT)

₹56.6

31 Mar 2023

₹164.1

31 Mar 2024

₹73.6

30 Sep 2024

Particulars	30 Sep 2024	31 Mar 2024	31 Mar 2023
Revenue from Operations	634.10	1339.16	391.33
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	73.59	164.05	56.62
Net Worth	627.78	554.65	109.37
Total Assets	1036.20	883.12	455.97
Reserves & Surplus	N/A	N/A	N/A
Borrowings	194.45	24.00	128.15
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	12.25%	—	—

RoE

49.41%

RoCE

54.52%

RoNW

29.58%

PAT Margin

12.25%

Issue Structure & Shareholding

Total Shares Offered15,96,000 (100.00%)

Net Offer to Public15,16,000 shares (aggregating up to ₹8.34 Cr)

Reserved for Market Maker80,000 shares (aggregating up to ₹0.4400 Cr)

Pre-Issue Promoter Holding36,66,792 shares

Post-Issue Promoter Holding52,62,792 shares

P/BV RatioN/A

RoE49.41%

RoCE54.52%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

dsrl.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Navigant Corporate Advisors Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Davin Sons Retail Ltd. IPO subscribed? ▲

Davin Sons Retail Ltd. IPO is subscribed 1.00 times by Jan 06, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Davin Sons Retail Ltd. IPO retail subscription status? ▼

The Davin Sons Retail Ltd. IPO retail category is subscribed 1.00 times as of 06 Jan 2025. The retail portion is oversubscribed.

How to subscribe Davin Sons Retail Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 02 Jan 2025 and closes 06 Jan 2025. Min investment: ₹110,000 (1 lot = 2,000 shares). UPI mandate: 2025-01-06.

How many times Davin Sons Retail Ltd. IPO subscribed? ▼

The Davin Sons Retail Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Davin Sons Retail Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Jan 2025. Refunds: on 08 Jan 2025.

When Davin Sons Retail Ltd. IPO will be listed? ▼

The Davin Sons Retail Ltd. IPO listing date is 09 Jan 2025, Thursday. Listed on: BSE SME. Issue price: ₹55. Estimated listing: ₹55. GMP: NIL.

When Davin Sons Retail Ltd. IPO close? ▼

The Davin Sons Retail Ltd. IPO closes on 06 Jan 2025, Monday. UPI mandate: 2025-01-06. Allotment: 07 Jan 2025. Listing: 09 Jan 2025.

Quick Actions

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Live Price LIVE

Last Price₹55.00

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Issue Price₹55.00

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Quick Summary

StatusListed

Issue Price₹55

Face Value₹10

Lot Size2,000 Sh

Min. Amount₹110,000

GMPNIL

Est. Listing₹55

Subscribed1.00x

Open Date02 Jan 2025

Close Date06 Jan 2025

Allotment07 Jan 2025

Listing Date09 Jan 2025

ExchangeBSE SME

UPI Deadline2025-01-06