Davin Sons Retail Limited
Listed
Listed
IPO Timeline
Issue open date
2 Jan 2025Issue close date
6 Jan 2025UPI mandate deadline
6 Jan 2025Allotment finalization
7 Jan 2025Refund initiation
8 Jan 2025Share credit
8 Jan 2025Listing date
9 Jan 2025Mandate end date
21 Jan 2025Lock-in end date for anchor investors (50%)
6 Feb 2025Lock-in end date for anchor investors (remaining)
7 Apr 2025Key Dates
Open
2 Jan 2025Close
6 Jan 2025Listing
9 Jan 2025Quick Stats
Issue Size:9cr
Lot Size:2000 shares
About the Company
Incorporated in March 2022, Davin Sons Retail Limited manufactures readymade garments, including jeans, denim jackets, and shirts, on a job-work basis. The company also distributes FMCG products like biscuits, energy drinks, and chocolates. It operates in regions including Delhi, Haryana, Punjab, and Rajasthan, serving a client base that includes large FMCG companies and local retailers.
Strengths
- Diversified product portfolio across readymade garments and FMCG products.
- Focus on maintaining quality and innovation to stay competitive.
- Promoters and management team with over 10 years of industry expertise.
- Strong, long-term relationships with customers and suppliers.
- Diversified business model across independent segments, reducing industry risk.
Risks
- Limited operating history as a company makes future performance difficult to evaluate.
- Revenue is heavily reliant on top 10 customers, with risks if business is lost.
- Negative cash flows in certain years may impact financial conditions.
- Fluctuations in raw material prices may affect production costs and margins.
- FMCG distribution is exposed to price fluctuations and supply uncertainties.
- Dependence on third-party manufacturers exposes the business to operational disruptions.
Davin Sons Retail Limited IPO – Frequently Asked Questions
- The price band for the Davin Sons Retail Limited IPO is set at ₹55 to ₹55 per share.
- The Davin Sons Retail Limited IPO opens on January 2, 2025 and closes on January 6, 2025.
- The tentative listing date for the Davin Sons Retail Limited IPO is January 9, 2025.
- You can apply for the Davin Sons Retail Limited IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Davin Sons Retail Limited, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Davin Sons Retail Limited IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).