Davin Sons IPO Date, Review, Price, Allotment Details
Aditya | January 27, 2025
Davin Sons IPO opens on January 2, 2025, and closes on January 6, 2025. This is a Fixed Price Issue IPO. The company aims to raise ₹8.78 crores through the IPO, which consists of a fresh issue of ₹8.78 crores. The IPO price band is ₹55 per share. The retail quota is 50%, QIB is N/A, and HNI is 50%. The IPO is set to list on BSE on January 9, 2025. The allotment date for the IPO is January 7, 2025. The company reported a revenue of ₹13.39 crores in 2024 compared to ₹3.91 crores in 2023. Davin Sons posted a profit of ₹1.64 crores in 2024, up from ₹0.57 crores in 2023. As per the financials, this IPO is recommended for long-term investments.
Davin Sons IPO Details
Field
Value
ipo title
Davin Sons BSE SME
status
Listed
gain percentage
20%
subscription
120.8x
price
55
gmp
5
est listing
60 (9.09%)
ipo size
₹ 8.78 Cr
Davin Sons IPO Dates
Field
Value
lot
2,000
open
02-Jan
close
06-Jan
boa dt
07-Jan
listing
09-Jan
Davin Sons IPO Financial Report
In 2024, Davin Sons reported a revenue of ₹13.39 crores compared to ₹3.91 crores in 2023. The company's profit increased to ₹1.64 crores in 2024, from ₹0.57 crores in 2023.
Financial Year
2023
2024
September 2024
Revenue
₹3.91
₹13.39
₹6.34
Expense
₹3.15
₹11.19
₹5.35
Profit
₹0.57
₹1.64
₹0.74
Total Assets
₹4.56
₹8.83
₹10.36
About Davin Sons IPO
Davin Sons Retail Limited, incorporated in March 2022, is a manufacturer and distributor of garments and FMCG products. The company manufactures a wide range of products such as jeans, denim fabrics, denim jackets, and t-shirts. Davin Sons also distributes FMCG products across states such as Delhi, Haryana, West Bengal, and others. In FY 2023-2024, the company saw a 242% increase in revenue and a 190% increase in profit after tax.
Davin Sons IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: dsrl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Company Address
Davin Sons Retail Limited
609, Sixth Floor, Road No. 44, Pitampura, P.P. City Centre Plot No. 3, Road No. 44
Pitampura Rani Bagh-, North West Delhi -110034
Phone: + 91-11- 4909212
Email: info@davinsonsretail.com
Website: http://www.davinsonsretail.com/
Davin Sons IPO FAQs
What is Davin Sons IPO?
Davin Sons IPO is an SME IPO aimed at raising ₹8.78 Crores at a fixed price of ₹55 per share. The IPO will be listed on BSE.
When will Davin Sons IPO open for subscription?
The IPO will open on January 2, 2025, and close on January 6, 2025.
What is Davin Sons IPO Investors' Portion?
The allocation is 50% for retail investors and 50% for HNIs.
How to apply for Davin Sons IPO?
You can apply for Davin Sons IPO via ASBA online using your bank account or UPI through your stock brokers. Offline applications via brokers are also available.
What is Davin Sons IPO Issue Size?
The issue size is ₹8.78 crores.
What is Davin Sons IPO Price Band?
The price band is ₹55.
What is Davin Sons IPO Lot Size?
The minimum bid size is 2000 shares, requiring an investment of ₹1,10,000.
What is the Davin Sons IPO Allotment Date?
The allotment date is January 7, 2025.
What is the Davin Sons IPO Listing Date?
The IPO will be listed on January 9, 2025, on BSE.
About GMPSHARE
Gmpshare Pvt. Ltd.
4-158/9 5th Cross Road, Sainikpuri, Secunderabad - 500094, TS, IND
