Davin Sons Retail Limited
Davin Sons Retail Limited was incorporated with the goal of acquiring the proprietorship concern “Jesus Shirts,” owned by Mr. Mohit Arora, which specialized in manufacturing readymade garments on a job work basis. The company expanded its business on August 1, 2022, by adding distribution services for large FMCG brands, handling products such as branded packaged foods, energy drinks, and chips. On March 2, 2023, the company formally acquired the operations and assets of “Jesus Shirts” as a going concern, effective from February 28, 2023. Since inception, the promoters have overseen operations and strategic decisions. Today, the company operates two main verticals: garment manufacturing (job work basis) and FMCG product distribution.
Price Band₹55 |
Dates02 Jan - 06 Jan |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹8.78 Crs |
Davin Sons Retail IPO Objects
- To finance the Capital Expenditure for purchase of Warehouse
- To part finance the requirement of Working Capital
- To meet General corporate purposes
Davin Sons Retail IPO Details
Price Band₹55 |
Listing AtBSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹8.78 Cr (0.16 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹8.78 Cr (0.16 Cr Shares) |
Face Value₹10 per equity share |
Davin Sons Retail IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
2,000
1,10,000
Maximum
1
2,000
1,10,000
|
|||
| NII |
Minimum
2
4,000
2,20,000
|
|||
Davin Sons Retail IPO GMP
The estimated Grey Market Premium of Davin Sons Retail IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| Retail % | Not less than 50% of Net Offer |
| Other % | Not more than 50% of Net Offer |
| Market Maker | 80,000 EQ Share |
Davin Sons Retail IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 6.28 | 13.39 | 3.83 |
| Profit after Tax | 0.74 | 1.64 | 0.57 |
| Net Worth | 6.28 | 5.55 | 1.09 |
| Total Borrowing | 1.94 | 0.24 | 1.28 |
| Total Assets | 1.51 | 3.30 | 2.46 |
| NAV per share (in ₹) | 17.12 | 15.65 | 3.53 |
| EPS - Basic (in ₹) | 2.01 | 4.63 | 1.82 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 17.44% |
| PAT | 12.25% |
| ROE | 49.41% |
| ROCE | 54.52% |
| PE Ratio | 11.88 |
| PB Ratio | 3.51 |
| Mkt Cap (in Crs.) | 28.95 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Davin Sons Retail IPO Peer Comparision
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Davin Sons Retail IPO Peer Comparision
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Promoter Details
| Name | Shareholding |
|---|---|
| Mr. Mohit Arora | 52.53% |
| Mr. Nohit Arora | 15.93% |
| Mr. Davinder Arora | 11.06% |
| Mrs. Lalita Rani | 10.64% |
| Mrs. Sonam Arora | 0.52% |
Management Details
| Name | Designation |
|---|---|
| Mr. Mohit Arora | Chairman & MD |
| Ms. Shruti Khanna | CFO |
Company Details
Name: Davin Sons Retail Limited
Address: 609, Sixth Floor, P.P. City Centre Plot No. 3, Road No. 44, Pitampura Rani Bagh, Delhi, North West Delhi -110034
Number: + 91-11- 49092127
Email: info@davinsonsretail.com
Website: www.davinsonsretail.com
Book Running Lead Managers (BRLMs)
NAVIGANT CORPORATE ADVISORS LIMITED
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Davin Sons Retail IPO is a SME IPO having an issue size of Rs. ₹8.78 Crs. Davin Sons Retail IPO is priced at ₹55 - ₹55 per share. The issue opens on 02 Jan 25 and closes on 06 Jan 25.
Davin Sons Retail IPO opens on 02 Jan 25 and closes on 06 Jan 25.
The estimated Grey Market Premium of Davin Sons Retail IPO is ₹0 per share (0.00%).
The minimum lot size of Davin Sons Retail IPO is 2000 shares & the minimum application amount is Rs. 110000.
The allotment date of Davin Sons Retail IPO is 07 Jan 25.
The listing date of Davin Sons Retail IPO is 09 Jan 25.
Davin Sons Retail IPO is subscribed -.
Davin Sons Retail IPO is priced at ₹55 - ₹55 per share.
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