Davin Sons Retail Limited
ListedSMEConsumer 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
Close
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
Overall Subscription
115.49x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
164.78x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| RETAIL | 758,000 | 124,904,000 | 164.78x |
| Total | 758,000 | 124,904,000 | 115.49x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 279 | 45,974 | 164.78x |
| HNIs (10L +) | 2 | 231 | 115.50x |
| HNIs (2-10L) | 9 | 1,039 | 115.44x |
| Total Applications | 290 | 47,244 | 162.91x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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 Schedule:
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 (GMP) for Davin Sons Retail Limited IPO is ₹5 per equity share. Based on the upper price band of ₹55 to ₹55 per equity share, the estimated listing price is ₹60 (+9.1% expected listing 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, the expected profit per application lot is approx ₹10,000 (+9.1% gain). Minimum application cost is approx ₹1,10,000.
What is the issue size and price band for Davin Sons Retail Limited IPO?
The Davin Sons Retail Limited IPO aggregate issue size is ₹8.78 Crores with an equity price band set at ₹55 to ₹55 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,10,000.
How can I check Davin Sons Retail Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 115.49x (Retail: 164.78x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Davin Sons Retail Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-01-07. Investors can verify status using PAN card or application number.
When is the listing date for Davin Sons Retail Limited IPO?
Davin Sons Retail Limited shares are scheduled to list on BSE on 2025-01-09.