Listed Price₹44.00
Listing Gain-20.00%
Price Band₹55
Lot Size2,000 shares
Min Bid₹1,10,000
Subscription115.49x
Listed Market Snapshot
₹44.00Listed price from market data
-20.00%listing gain
Issue Amount
₹8.78 Cr
Listed Price
₹44.00
Current Price
₹28
Registrar
Kfin Technologies Limited
Timeline•Fixed Price IPO
Open02 Jan 2025
Close06 Jan 2025
Allotment07 Jan 2025
Listing09 Jan 2025
Quota Reservation Portions
RetailPortion: 7,58,000 shares
47.5%OtherPortion: 7,58,000 shares
47.5%Market MakerPortion: 80,000 shares
5.01%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,10,000HNI2 lots / 4,000 shares
₹2,20,000About the Company
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.
Company Promoters
Mr Mohit AroraMr Nohit AroraMr Davinder AroraMrs Lalita RaniMrs Sonam Arora
Lead Managers
Registrar
Kfin Technologies Limited