247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Davin Sons Retail Limited IPO (Davin Sons Retail IPO) Details

Davin Sons Retail Limited is an Textiles based company, located in New Delhi, Davin Sons Retail Limited IPO size was 8.78 Cr. and was issued at 55.00 per share. The share of Davin Sons Retail Limited were listed at 46.20 per share and are currently trading at 36.52 per share.

Type :
Sub Sector : Manufactures And Designs A Wide Range Of High-quality Readymade Garments
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
12.62 Cr.

PAT :
1.48 Cr.

Pricing Report

Issue Price :
55.00

Listing Price :
46.20

Current Market Price :
36.52

Issue Price vs CMP :
18.48 (33.60%)

listing Price vs CMP :
9.68 (20.95%)

Performance Report (CAGR* wise)

CAGR : -100
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Davin Sons Retail

Company Information
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 our specifications, procure the requisite raw materials and begin the manufacturing process. The products delivered to us from third party contractors are completely finished and packaged to our warehouse. However, they have not entered into
Job work agreement.
Object of Issue
  • To finance the Capital Expenditure for the purchase of the Warehouse
  • To part finance the requirement of Working Capital
  • General Corporate Expenses

Davin Sons Retail SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jan, 2025
IPO Size :
8.78 Cr.
Market Cap :
28.95 Cr.   
IPO Subscription :
120.80 X     
PE Multiple :
19.67
IPO Registrar:
KFin Technologies Limited
Anchor Investors:

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FAQs

Davin Sons Retail operates in Textiles and Manufactures And Designs A Wide Range Of High-quality Readymade Garments. The Issue is listed on BSE SME in Jan, 2025. Davin Sons Retail IPO size was 8.78 Cr. with Issue price of 55.00 .

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 36.52.

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