What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Davin Sons Retail Limited IPO?

Based on the upper price band of ₹55 and current GMP of ₹5, the estimated listing price is ₹60 (approx. 9.1% gain).

What is the expected profit per lot for Davin Sons Retail Limited IPO?

With a lot size of 2000 shares and current GMP of ₹5, expected profit per retail application lot is approximately ₹10,000.

IPO GreyPremiumLIVE

Grey Market Intelligence

Davin Sons Retail Limited

ListedSME

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

₹5

+9.1%

Est. Listing

₹60

at current GMP

Subscribed

115.49x

overall

Open

2 Jan 2025

6 Jan 2025

Allotment

7 Jan 2025

Refund

8 Jan 2025

Demat Credit

9 Jan 2025

Listing

9 Jan 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Davin Sons Retail Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹5+9.1%

Issue Price (Upper)

₹55

Band: ₹55

Estimated Listing Price

₹60

Upper price + GMP

Lot Size

2000 shares

Min investment ₹1,10,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹5	9.1%	₹60
30 Oct 2026	+₹5	9.1%	₹60
29 Oct 2026	+₹5	8.2%	₹60

About Davin Sons Retail Limited Public Issue & Market Profile

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.

Public Issue & Pricing Context:

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.

Basis of Allotment & Listing Timeline:

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.

Frequently Asked Questions

What is Davin Sons Retail Limited IPO GMP today?

The latest grey market premium for Davin Sons Retail Limited IPO is ₹5, which indicates an expected listing price of ₹60.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.