Davin Sons Retail IPO
smelistedAbout the company
Davin Sons Retail Limited operates in garment manufacturing and FMCG distribution. Initially focused on readymade garments, it outsources production and serves regions like Delhi, Uttar Pradesh, and Bihar with trendy denim products. In 2022, the company expanded into FMCG distribution, offering biscuits, chips, and drinks across several states. With warehouses in Delhi and Gurugram, it aims to improve operational efficiency, expand its market reach, and build strong customer relationships for continued growth in both sectors.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed02 Jan 2025Bidding starts for all investor categories
IPO Closes
Completed06 Jan 2025Last day to place your bid
Basis of Allotment
Completed07 Jan 2025Share allotment finalised
Refund Initiation
Completed08 Jan 2025Refunds credited for non-allottees
Credit to Demat
Completed08 Jan 2025Allotted shares credited to demat account
Listing on Exchange
Completed09 Jan 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 2000 | ₹110,000 | 1 | ₹110,000 | 1 lot only |
| HNI | 2 | 4000 | ₹220,000 | 2 | ₹220,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 727,273 | 4 | 0 | 0.00x | 100% |
| NII | 15% | 218,182 | 1.2 | 0 | 0.00x | 100% |
| Retail | 35% | 509,091 | 2.8 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
