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Davin Sons Retail Ltd.

Retailing

IPO Details
  • Issue Type Fixed Price
  • Price range
  • Market Lot 2000
  • Total Equity Shares 1596000
  • Face Value Rs. 10
  • Listing Date Jan 09, 2025
IPO Timeline
Opening date Jan 02, 2025
Closing date Jan 06, 2025
Listing Date Jan 09, 2025

IPO Details

We are engaged into the business of manufacturing and designing of readymade garments offering diverserange of high-quality jeans, denim fabrics, denim jackets and t-shirts for other brands. We have been supplyingour readymade garments to our clients including AS Enterprise, Kaxiaa Exports, V- BAZAAR, Berry Cotts, V2RETAIL, MEGASHOP, Passage Global etc. Our garment manufacturing process includes cutting, stitching,sewing, finishing, inspection and packing. We outsource the entire garments manufacturing on job work basisfrom third party contractors from time to time and provides the technical specifications such as designs,pattern, quality, fabric etc. to them who, based on our specifications, procure the requisite raw materials andbegin the manufacturing process. The products delivered to us from third party contractors are completelyfinished and packaged to our warehouse. However, we have not entered into Job work agreement.

Projects

1. Project Name: To finance the Capital Expenditure for purchase of warehouse

Project Cost: 13.6

2. Project Name: To part finance the requirement of Working Capital

Project Cost: 42.2

3. Project Name: To meet General corporate purposes

Project Cost: 18.98

Promoters

Prmoters Name

1. Mohit Arora

2. Nohit Arora

3. Davinder Arora

4. Lalita Rani

5. Sonam Arora

Prmoters Holdings
  • Pre Share Capital: 3324978
  • Pre Promoter Holding: 90.68
  • Offer to Public: 1599000
  • Post Share Capital: 3324978
  • Post Promoter Holding: 63.18

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Navigant Corporate Advisors Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2565
Total Equity 1596000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 8118000
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 5658000
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 2460000
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 50184000
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 1402000
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 48340000
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 442000
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 124904000
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 33318000
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 91586000
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 183206000
Total 0.00