
Consumer Discretionary · BSE
Established in March 2022, Davin Sons Retail Limited is a rapidly growing company engaged in garment manufacturing and FMCG distribution. It manages the entire garment production process—from cutting and stitching to finishing and packing—offering a wide range of readymade garments such as jeans, denim jackets, and t-shirts for clients like A3 Retail, V-Bazaar, and V2 Retail. In addition to apparel, the company distributes FMCG products from popular brands to retailers, shopkeepers, and distributors across Delhi, Haryana, West Bengal, Uttar Pradesh, Punjab, Rajasthan, and Arunachal Pradesh. Demonstrating impressive growth, Davin Sons Retail achieved a 242% rise in revenue and a 190% increase in profit after tax in FY 2024.
Price Band
₹55
Issue Size
₹8.78 Cr
Lot Size
2000 shares
GMP
+9.1%
Est. Listing
₹60
at current GMP
Subscribed
115.49x
overall
Open
2 Jan 2025
Close
6 Jan 2025
Allotment
7 Jan 2025
Refund
8 Jan 2025
Demat Credit
9 Jan 2025
Listing
9 Jan 2025
Designated Registrar: Kfin Technologies Limited
Allotment Date
7 Jan 2025
Basis finalization
Refunds Initiate
8 Jan 2025
Mandate release
Demat Credit
9 Jan 2025
Shares in demat
Listing Debut
9 Jan 2025
Trading begins
Davin Sons Retail Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹8.78 Crores. The shares are offered at a price band of ₹55 to ₹55 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,10,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-01-09, while un-allotted funds or UPI block mandates will be released on 2025-01-08.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.