Home Mainline IPOs Davin Sons IPO
Orion Industries logo

Davin Sons IPO

Open Sme
BSE 02 January - 06 January 2025
Davin Sons Retail Limited IPO is a fixed price issue of 8.78 Cr. The issue is entirely a fresh issue of 1596000 shares aggregating to 8.78 Cr. Davin Sons Retail Limited IPO opened for subscription on Jan 02, 2025 and closed on Jan 06, 2025. The allotment for the this IPO was finalized on Jan 07, 2025. IPO was listed on NSE and BSE on Jan 09, 2025. Davin Sons Retail Limited IPO has set the issue price at ₹55 per share.

Current GMP

₹5 (+9.09%)

Price Band

₹ 55 – 55

Lot Size

2000

Issue Size

₹8.78 Cr

Minimum Investment

₹220000 (4000 Shares)

Listing Date

09 January 2025

Subscription

120.85x

About the Company

Davin Sons Retail Limited is a company founded by Mr. Mohit Arora and Mr. Nohit Arora, with over 10 years of experience in garment designing, manufacturing, and trading. The company was incorporated in 2022, acquiring the proprietorship firm M/s. Jesus Shirts, which was established in 2012. Initially, M/s. Jesus Shirts operated in garment manufacturing, and Davin Sons Retail Limited expanded its scope to include the distribution of FMCG products.

The company operates in two key business areas:

  1. Garment Manufacturing: Davin Sons manufactures readymade garments such as jeans, denim jackets, and shirts through job work. It outsources production to third-party contractors, providing them with designs, fabric specifications, and quality standards. The finished products are delivered to the company’s warehouse for quality control, barcoding, and dispatch.
  2. FMCG Distribution: The company distributes branded FMCG products like biscuits, chips, non-alcoholic energy drinks, chocolates, edible oils, and more. It serves a wide network of retailers and wholesalers across regions including Delhi, Haryana, Punjab, Uttar Pradesh, Bihar, and others. Davin Sons distributes products both on a distributorship basis and through non-distributorship arrangements.

The company sources its fabrics from local markets in Mumbai and Delhi, while outsourcing manufacturing jobs to contractors in New Delhi. It also operates a warehouse in Gurgaon, Haryana, for storing FMCG products.

Davin Sons Retail Limited has established a strong market presence through a focus on quality, customer satisfaction, and efficient distribution, aiming to grow both its garment and FMCG businesses.

Promoters

  1. Mr Mohit Arora
  2. Mr Nohit Arora
  3. Mr Davinder Arora
  4. Mrs Lalita Rani 
  5. Mrs Sonam Arora
Promoters Holding

Holding Pre Issue

90.68%

Holding Post Issue

63.18%

Objects of the Issue

Company proposes to utilize the net proceeds from the Issue towards funding the following objects and
achieve the benefits of listing the equity shares on the BSE SME.

Objects of the Fresh Issue
1. To finance the Capital Expenditure for purchase of Warehouse.
2. To part finance the requirement of Working Capital.
3. To meet General corporate purposes.

Address / Contact Info

Davin Sons Retail Limited
609, Sixth Floor, P.P. City Centre 
Plot No. 3, Road No. 44
Pitampura Rani Bagh
Delhi, North West Delhi -110034

Phone: + 91-11- 4909212
Email: info@davinsonsretail.com
Website: http://www.davinsonsretail.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 55 – 55
Lot Size2000
Issue TypeFixed price IPO
Sale Type
Fresh Issue₹ 8.78 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 8.78 Cr
Listing AtBSE
Industry
Sector
Retail Quota0%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Davin Sons IPO is a Fixed price IPO worth ₹8.78 crores. The price band is ₹55 to 55 per share. The IPO opens on Thu, Jan 2, 2025 and closes on Mon, Jan 6, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The Davin Sons IPO opens on Thu, Jan 2, 2025 and closes on Mon, Jan 6, 2025

Davin Sons IPO Price Band is ₹55 to 55.

Davin Sons IPO lot size is 2000, and the minimum amount required for application is ₹220000.

The minimum investment for Davin Sons IPO is approximately ₹220000 based on the upper price band.

To apply for the Davin Sons 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 Mon, Jan 6, 2025. After submission, funds are blocked until the basis of allotment of Davin Sons IPO is finalised.

Davin Sons IPO issue size is ₹8.78 crores.

Davin Sons IPO allotment date is Sat, Jun 27, 2026.

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

The Davin Sons IPO GMP (Grey Market Premium) is ₹5 as of Thu, Jan 9, 2025. Based on the upper price band of ₹55 per share, the estimated Davin Sons IPO listing price is ₹60, indicating a potential listing gain of approximately 31% over the issue price.