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Davin Sons IPO
Price Band
₹
Issue Size
₹8.78 Cr
Lot Size
2,000 shares
Min Investment
₹110,000
GMP
+₹5.0 (9.09%)
Issue Price
₹55.0
Subject to Sauda
₹7600
Paid only if allotted
Davin Sons IPO AI Summary
- Davin Sons IPO is listed on BSE SME in the Garments & Apparels sector.
- Subscription window: 02 Jan–06 Jan 2025, listing on 09 Jan 2025.
- Current GMP is +₹5.0 (9.09%) — unofficial and can change daily.
Davin Sons Retail Limited is an emerging player in the garments sector, with a focus on quality and a diversified product range. The company is preparing for its IPO with an issue price of ₹55.0 and aims to raise ₹8.78 Cr to support its growth initiatives.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Davin Sons IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 06 Jan 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Davin Sons IPO Grey Market Premium (GMP) Today
GMP
+₹5.0
GMP %
+9.09%
Est. Listing
₹60.0
Updated: 25 Jul 2026 14:15
About the Company
Incorporated in March 2022, Davin Sons Retail Limited manufactures and designs a wide range of high-quality readymade garments, including jeans, denim jackets, and shirts for other brands. The company has two business verticals: Manufacturing of readymade Garments through job work basis; Distribution of FMCG products. The company's area of operation is in the states of Haryana, Delhi, Punjab, Arunachal Pradesh, Rajasthan, Gujarat, Bihar and Chhattisgarh where customers are scattered across large area. As of December 2024, the company has 20 employees in various sectors. Competitive Strength Diversified Product Portfolio Focus on Quality and Innovation Experienced Promoter and management team with strong industry expertise and successful track record Cordial relations with our customers and Suppliers. A diversified business model safeguards the company from industry-specific slowdowns.
Company Financials (₹ Cr)
As of 2024-09-30
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 10.36 | 8.83 | 4.56 | 0.05 |
| Total Income | 6.34 | 13.39 | 3.91 | |
| Profit After Tax | 0.74 | 1.64 | 0.57 | |
| NET Worth | 6.28 | 5.55 | 1.09 | |
| Total Borrowing | 1.94 | 0.24 | 1.28 |
Key Ratios
EPS
₹4.47
NAV
₹15.65
ROE
49.41%
ROCE
54.52%
RoNW
29.58%
P/E Ratio
12.29
Market Cap
₹28.95 Cr
PAT Margin
12.25%
Promoters
Mohit Arora, Nohit Arora, Davinder Arora, Lalita Rani and Sonam Arora
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To finance the Capital Expenditure for purchase of Warehouse 1.36 2 To part finance the requirement of Working Capital 4.22 3 General Corporate Purposes 1.90 4 Issue expenses 1.30 Total 8.78
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹3.91 Cr in the year ending 31 Mar 2023, rising to ₹13.39 Cr by 31 Mar 2024. However, the most recent figure of ₹6.34 Cr as of 30 Sep 2024 is a 9-month figure and not directly comparable to the full fiscal year figures.
Profit Trend
Profit After Tax was ₹0.57 Cr for the year ending 31 Mar 2023, increasing to ₹1.64 Cr by 31 Mar 2024. The latest figure of ₹0.74 Cr as of 30 Sep 2024 is also a 9-month figure, making it not directly comparable to the previous full year.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO on its debut day. A positive GMP suggests that investors are willing to pay more than the issue price, while a negative GMP indicates the opposite. However, GMP is not a guaranteed predictor of listing performance.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is important to consider the company's fundamentals and market conditions before making a decision.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid this IPO, as it operates in a relatively new and potentially volatile sector.
IPO Timeline, Explained
The IPO process includes several key dates: the opening date for subscription is 2 January 2025, closing on 6 January 2025. Allotment of shares will occur on 7 January 2025, and the listing date is set for 9 January 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make if the stock price rises above the issue price on the first day of trading. However, these gains are not guaranteed and can be influenced by market sentiment, demand for the stock, and overall market conditions. Investors should be aware of the risks involved in trading on listing day.
This evaluation is generated from Davin Sons's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Davin Sons IPO GMP today?
Davin Sons IPO GMP today is +₹5.0 (9.09%). GMP is an unofficial grey-market indicator and can change daily.
When does Davin Sons IPO open and close?
Davin Sons IPO opens on 02 January 2025 and closes on 06 January 2025.
When does Davin Sons IPO list on the stock exchange?
Davin Sons IPO listed on 09 January 2025 at ₹60.0.
What is the lot size for Davin Sons IPO?
The lot size for Davin Sons IPO is 2000 shares, requiring a minimum investment of ₹110,000.
What is the issue price of the Davin Sons IPO?
The issue price of the Davin Sons IPO is ₹55.0.
What is the lot size for the Davin Sons IPO?
The lot size for the Davin Sons IPO is 2000 shares.
What is the minimum investment required for the Davin Sons IPO?
The minimum investment required for the Davin Sons IPO is ₹110,000.
When is the listing date for Davin Sons?
The listing date for Davin Sons is 9 January 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium of the stock over its issue price in the grey market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
02 Jan 2025
Close
06 Jan 2025
Allotment
07 Jan 2025
Listing
09 Jan 2025
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