Davin Sons Retail Ltd

Davin Sons Retail Ltd IPO

Davin Sons Retail Ltd IPO Price Range is ₹55 - 55, with a minimum investment of ₹1,10,000 for 2000 shares.

₹1,10,000

/ 2000 shares

Minimum Investment

View Davin Sons Retail Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹55 - 55

Open Date

2025-01-02

Close Date

2025-01-06

IPO Size

₹8.78 Cr

Lot Size

2000 shares

Min Investment

₹1,10,000

Listing Exchange

BSE

Davin Sons Retail Ltd IPO Application Timeline

passed
Open Date2 Jan 2025
passed
Close Date6 Jan 2025
passed
Allotment Date7 Jan 2025
passed
Listing Date9 Jan 2025

Strengths and Risks

Strengths

Strengths

  • Experienced Management team having domain knowledge to scale up and expand into new opportunities.

  • Diversified revenue sources and customer base.

  • Smooth flow of operations.

  • Customer oriented approach.

  • Infrastructural Strength.


Risks

Risks

  • Our Company has been recently incorporated and post incorporation has acquired the runningbusiness of M/s. Jesus Shirts (Proprietorship firm of our Promoter) thus we have limited operatinghistory as a Company which may make it difficult for investors to evaluate our historical performance or future prospects.

  • There are outstanding litigation proceedings involving our Company, our Promoters and/ or ourDirectors, an adverse outcome in which, may have an adverse impact on our reputation, business,financial condition, results of operations and cash flows.

  • The Warehouses of Our Company are not owned by us.

  • Our top 10 customers contribute majority of our revenues from operations. Any loss of business from one or more of them may adversely affect our revenues and profitability.

  • We have experienced negative cash flows and any negative cash flows in the future could adverselyaffect our financial conditions and results of operations.

  • We have not executed any agreement with any of our Job workers contractors.

  • There are certain delayed in filing and non-compliances noticed in some of our financial reporting and/or records relating to filing of various returns and deposit of statutory dues with the taxation and other statutory authorities.

  • We rely on third party manufacturers for manufacturing of our readymade garments. In the event the manufacturing facilities of our third party manufacturers cease to be available to us at terms acceptable to us, or we experience problems with, or interruptions at such facilities, our business, results of operations and financial condition may be adversely affected.

  • We generate our major portion of sales from our operations in certain geographical regions of Delhi, Haryana, Rajasthan, Chhattisgarh, Uttar Pradesh, Bihar, Gujarat and Punjab and any adversedevelopments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

  • Relevant copy of educational qualification of our promoters are not traceable.

How to Apply for Davin Sons Retail Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Davin Sons Retail Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Davin Sons Retail Ltd

Our Company was incorporated with objective to acquisition of proprietorship concern of Mr. Mohit Arora Jesus Shirts which was in the business of manufacturing of readymade garments. Later, on 01st August, 2022 our Company added objects relating to distribution for the large size FMCG Companies in India for whom we distribute Branded packaged foods, Non Alcoholic Energy Drinks, Chips etc.On 2nd March, 2023, the running business of the above proprietorship concern was acquired by our Company, along with the assets and liabilities of the proprietorship concern on going concern basis as on 28th February, 2023. Since incorporation, our promoters have been looking after the overall operations and major business decisions of the Company. With our absolute commitment to quality, meticulous attention and level of services, today we have established ourselves as a Manufacturer of Garments and distributor of FMCG products.Our Company has two business verticals:1. Manufacturing of readymade Garments;2. Distribution of FMCG products.

Frequently Asked Questions of Davin Sons Retail Ltd IPO

What is the size of the Davin Sons Retail Ltd IPO?

The size of the Davin Sons Retail Ltd IPO is ₹8.78 Cr.

What is the allotment date of the Davin Sons Retail Ltd IPO?

Davin Sons Retail Ltd IPO allotment date is Jan 7, 2025 (tentative).

What are the open and close dates of the Davin Sons Retail Ltd IPO?

The Davin Sons Retail Ltd IPO will open on Jan 2, 2025 and close on Jan 6, 2025

What is the lot size of Davin Sons Retail Ltd IPO?

The lot size for the Davin Sons Retail Ltd IPO is 2000.

When will my Davin Sons Retail Ltd IPO order be placed?

Your Davin Sons Retail Ltd IPO order will be placed on Jan 2, 2025

Can we invest in Davin Sons Retail Ltd IPO?

Yes, once Davin Sons Retail Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Davin Sons Retail Ltd IPO?

The potential listing gains on the Davin Sons Retail Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Davin Sons Retail Ltd IPO?

'Pre-apply' for Davin Sons Retail Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.