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Open
2 Jan 2025
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Close
6 Jan 2025
3
Allotment
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Listing
Thu, Jan 9, 2025
Price Band
₹55 per share
Issue Size
15,96,000 shares (agg. up to ₹9 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Jan 9, 2025
Latest GMP
₹5
Est. Gain
9.09%
✦ AI Insight
GMP Trend
09-01-2025₹5Est. ₹60+9.09%
08-01-2025₹5Est. ₹60+9.09%
07-01-2025₹5Est. ₹60+9.09%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 119.19x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 10.36 | 8.83 | 4.56 | 0.05 |
| Total Income | 6.34 | 13.39 | 3.91 | |
| 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 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Purple United Sales Ltd. | SME | ₹32.81 Cr | ₹126 | 18.33 | ₹208.95 | +65.83% | ₹402.05 (-4.94%) |
| SD Retail Ltd. | SME | ₹64.98 Cr | ₹131 | 23.73 | ₹150.90 | +15.19% | ₹90.00 (+0.00%) |
| Forcas Studio Ltd. | SME | ₹37.44 Cr | ₹80 | 90.09 | ₹144.40 | +80.50% | ₹135.95 (+1.19%) |
| Kizi Apparels Ltd. | SME | ₹5.58 Cr | ₹21 | 15.01 | ₹24.30 | +15.71% | ₹19.94 (+19.98%) |
| Signoria Creation Ltd. | SME | ₹9.28 Cr | ₹65 | 9.37 | ₹137.55 | +111.62% | ₹141.25 (-4.98%) |
| Saraswati Saree Depot Ltd. | Mainboard | ₹160.01 Cr | ₹160 | 17.94 | ₹203.70 | +27.31% | ₹53.95 (-0.61%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance the Capital Expenditure for purchase of Warehouse | 1.36 |
| 2 | To part finance the requirement of Working Capital | 4.22 |
| 3 | General Corporate Purposes | 1.90 |
| 4 | Issue expenses | 1.30 |
| Total | 8.78 |
About Davin Sons Retail IPO
Incorporated in March 2022, Davin Sons Retail Limited manufactures and designs a wide range of high-quality readymade garments, including jeans, denim jackets, and shirts for other brands. The company has two business verticals: Manufacturing of readymade Garments through job work basis; Distribution of FMCG products. The company's area of operation is in the states of Haryana, Delhi, Punjab, Arunachal Pradesh, Rajasthan, Gujarat, Bihar and Chhattisgarh where customers are scattered across large area. As of December 2024, the company has 20 employees in various sectors. Competitive Strength Diversified Product Portfolio Focus on Quality and Innovation Experienced Promoter and management team with strong industry expertise and successful track record Cordial relations with our customers and Suppliers. A diversified business model safeguards the company from industry-specific slowdowns. + Read More
Contact Details
Davin Sons Retail Ltd. Address609, Sixth Floor, Road No.44, PitampuraP.P.City Centre Plot No.3, Road No.44Pitampura Rani Bagh-, North WestDelhi, New Delhi, 110034+ 91-11- 4909212info@davinsonsretail.comVisit Website