Davin Sons Retail Limited was founded in February 2022. The company is engaged in the manufacture and design of ready-to-wear clothing and offers a wide range of high-quality jeans, denim jackets and shirts for other brands. The manufacturing process includes cutting, sewing, finishing, testing and packaging of the garments. The company outsources the entire manufacturing of garments from time to time on a contract labour basis and provides the technical specifications like designs, patterns, quality, fabrics etc.
Davin Sons IPO open date is January 2, 2025 and the IPO will close on January 6, 2025. Davin Sons IPO price band is ₹55 per share. Davin Sons IPO to list on BSE on January 9, 2025. The allotment of Davin Sons IPO date is January 7, 2025.
The company reported revenue of ₹13.39 crores in 2024 against ₹3.91 crore in 2023. The company reported profit of ₹1.64 crores in 2024 against Profit of ₹0.57 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Davin Sons IPO Details
| IPO Open Date: | January 2, 2025 |
| IPO Close Date: | January 6, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹55 Per Share |
| Issue Size: | Approx ₹8.78 Crores |
| Fresh Issue: | Approx ₹8.78 Crores |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| NII Quota: | Not more than 50% |
Davin Sons IPO Timeline
The Davin Sons IPO date is January 2 and the close date is January 6. The Davin Sons IPO allotment will be finalized on January 7 and the IPO listing on January 9.
| IPO Open Date: | January 2, 2025 |
| IPO Close Date: | January 6, 2025 |
| Basis of Allotment: | January 7, 2025 |
| Refunds: | January 8, 2025 |
| Credit to Demat Account: | January 8, 2025 |
| IPO Listing Date: | January 9, 2025 |
Davin Sons SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹55.00 |
| Market Lot: | 2000 Shares |
| 1 Lot Amount: | ₹110000 |
| Min HNI Lots: | 4000 shares (2 lots)- ₹220000 |
Davin Sons IPO: A Deep Dive into the Company’s Financial Report
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹3.91 | ₹3.15 | ₹0.57 | ₹4.56 |
| 2024 | ₹13.39 | ₹11.19 | ₹1.64 | ₹8.83 |
| September 2024 | ₹6.34 | ₹5.35 | ₹0.74 | ₹10.36 |
