Davin Sons Retail Limited IPO GMP

Davin Sons Retail is categorised in two categories:
1. Manufacturer of Garments;
2. Distribution of FMCG products.

Under the Garment segment, they are engaged into the business of manufacturing and designing of readymade garments offering diverse range of high-quality jeans, denim fabrics, denim jackets and t-shirts for other brands. Davin Sons Retail Limited is part of the Fast-Moving Consumer Goods (FMCG) industry which continues to be one of the biggest long-term sustainable business opportunities that our country offers.

Davin Sons Retail, an Fixed Price Issue amounting to ₹8.78 Crores, consisting entirely an Fresh Issue of 15.96 Lakh Shares. The subscription period for the Davin Sons Retail IPO opens on January 02, 2025, and closes on January 06, 2025. The allotment is expected to be finalized on or about Tuesday, January 07, 2025, and the shares will be listed on the BSE SME with a tentative listing date set on or about Thursday, January 9, 2025.

The Share price of Davin Sons Retail IPO is set at ₹55 per equity share. The Market Capitalisation of the Davin Sons Retail Limited at IPO price of ₹55 per equity share will be ₹28.94 Crores. The lot size of the IPO is 2,000 shares. Retail investors are required to invest a minimum of ₹1,10,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹2,20,000.

NAVIGANT CORPORATE ADVISORS LIMITED is the book-running lead manager while KFIN TECHNOLOGIES LIMITED is the registrar for the Issue. Aftertrade Broking Private Limited is Marker Maker for the Davin Sons Retail IPO.

Davin Sons Retail Limited IPO GMP Today
The Grey Market Premium of Davin Sons Retail Limited IPO is expected to be ₹8 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Davin Sons Retail Limited Day Wise IPO GMP Trend 

Davin Sons Retail Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:00 PM on 06 January, 2025, the Davin Sons Retail IPO live subscription status shows that the IPO subscribed 114.79 times on its Final day of subscription period. Check the Davin Sons Retail IPO Live Subscription Status Today at BSE.

Davin Sons Retail Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Davin Sons Retail IPO allotment date is 07 January, 2025, Tuesday. Davin Sons Retail IPO Allotment will be out on 7th January, 2025 and will be live on Registrar Website from the allotment date. Check Davin Sons Retail IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Davin Sons Retail Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Davin Sons Retail Limited IPO
Davin Sons Retail proposes to utilise the Net Proceeds towards the following objects: 
1. ₹136.00 Lakh is required to finance the Capital Expenditure for purchase of Warehouse;
2. ₹420.00 Lakh is required to part finance the requirement of Working Capital;
3. ₹189.80 Lakh is required to meet General corporate purposes

Refer to Davin Sons Retail Limited RHP for more details about the Company.