58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Davin Sons Retail Limited IPO (Davin Sons Retail IPO) Detail

Davin Sons Retail IPO is a book build IPO listing on BSE SME exchange. The company is based in New Delhi and caters to Textiles sector. Navigant Corporate Advisors is the merchant banker of Davin Sons Retail IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th July 2023.

Davin Sons Retail IPO open date is 2nd January 2025 and close date is 6th January 2025. IPO Allotment Date is 7th January 2025 and Listing date is 9th January 2025.

IPO Category : SME
Exchange : BSE SME
Issue Type : Fixed Price

Davin Sons Retail IPO Date

Date of DRHP:
24th July 2023
IPO Allotment Date:
7th January 2025
IPO Open Date:
2nd January 2025
Initiation of Refund:
8th January 2025
IPO Closing Date:
6th January 2025
IPO Listing Date:
9th January 2025

Davin Sons IPO Info, Size, Subscription

Davin Sons Retail IPO size is Rs 8.78 Cr. crores with IPO price of Rs 55.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 8.78 Cr.

Issue Price:
₹ 55.00

Market Capitalisation :
₹ 28.95 Cr.

PE multiple :
19.67

Subscription :
120.80 times

Pre Issue Promoter Holding :
90.68 %

Post Issue Promoter Holding :
63.18%

Davin Sons Retail IPO Information

Sub Sector : Manufactures and designs a wide range of high-quality readymade garments
The Company has two business verticals:
1. Manufacturing of readymade Garments through job work basis;
2. Distribution of FMCG products.
They are engaged into the business of manufacturing and designing of readymade garments offering diverse range of high-quality jeans, denim jackets and shirts for other brands. Their garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. They outsource the entire garments manufacturing on job work basis from third party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric etc. to them who, based on their specifications, procure the requisite raw materials and begin the manufacturing process. The products delivered to them from third party contractors are completely finished and packaged to their warehouse.

Object of Issue (Davin Sons IPO Objectives)

  • To finance the Capital Expenditure for the purchase of the Warehouse
  • To part finance the requirement of Working Capital
  • General Corporate Expenses

Navigant Corporate Advisors Limited is the book-running lead manager of the Davin Sons Retail IPO. KFin Technologies Limited is the Registrar and Market Maker is Aftertrade Broking Pvt Ltd for Davin Sons Retail IPO.

Davin Sons IPO Market Maker

Aftertrade Broking Pvt Ltd

Davin Sons IPO Registrar (RTA)

KFin Technologies Limited

Davin Sons IPO Lead Manager (BRLM)

Navigant Corporate Advisors Limited

Davin Sons Retail IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Davin Sons Retail IPO?

Davin Sons Retail IPO, based in New Delhi, operates in the   Textiles sector with a focus on Manufactures and designs a wide range of high-quality readymade garments. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Davin Sons Retail IPO size is ₹ 8.78 Cr. Crores with fresh issue size of Rs 8.78 Cr. Crores and Offer for sale being Nil.

When is Davin Sons IPO allotment?

The IPO allotment date for Davin Sons Retail IPO is expected to be 7th January 2025, after the finalization of basis of allotment. Investors can check Davin Sons Retail IPO allotment status on the registrars website, KFin Technologies Limited. Davin Sons Retail IPO refund dates are 8th January 2025.

When is Davin Sons Retail IPO listing date?

Davin Sons Retail IPO is expected to be listed on 9th January 2025.

What is the price band for Davin Sons IPO?

The upper price band for the Davin Sons Retail IPO is set at ₹ 55.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Davin Sons Retail IPO Review?

For IPO analysis on Davin Sons Retail IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Davin Sons Retail IPO?

To apply for the Davin Sons Retail IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th January 2025. After submission, funds are blocked until the basis of allotment of Davin Sons Retail IPO is finalised.

Who is the merchant banker of Davin Sons IPO?

The merchant banker for Davin Sons Retail IPO is Navigant Corporate Advisors Limited . Navigant Corporate Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Davin Sons Retail IPO RHP for further details.

Who is the Registrar of Davin Sons Retail IPO?

The registrar for Davin Sons Retail IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Davin Sons Retail IPO through their official website or helpline.

What is the Davin Sons Retail IPO subscription?

Davin Sons Retail IPO was subscribed 120.80 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 8.78 Cr. Avg IPO Size (Sector Based) : ₹ 15.70 Cr.
  • Sector: Textiles SME IPO so far: 76
  • Merchant Banker: Navigant Corporate SME IPO by BRLM so far: 47
  • City: New Delhi SME IPO so far: 152
  • Revenue (annualised): ₹ 12.56 cr.
            PAT: (annualised): ₹ 1.48 cr.
  • PE Ratio: 19.67x Average Sector PE Ratio: 19.35x
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FAQs

Davin Sons Retail IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Davin Sons Retail Financial Review Page

Davin Sons Retail IPO subscription was 120.80 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Davin Sons Retail IPO listed at a listing price of 46.20 against the offer price of 55.00.

The current market price of Davin Sons Retail is 20.00.

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