IPO Details

Davin Sons Retail Ltd
Registered Office: 609 6th Flr PP City Centre # 3, Rd No 44 Pitampura Rani Bagh, Delhi - 110034, Delhi
Phone: +91-11-4909 2127
Email: info@davinsonsretail.com
Website: www.davinsonsretail.com
Initial public offer of 15,96,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Davin Sons Retail Limited ("Company" or the "Issuer") for cash at a price of Rs. 55/- per equity share including a share premium of Rs. 45/- per equity share (the "Issue Price") aggregating to Rs. 8.78 crores ("The Issue") of which 80,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 55/- per equity share including a share premium of Rs. 45/- per equity share aggregating to Rs. 0.44 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e net issue of 15,16,000 equity shares of face value of Rs. 10/- each at a price of Rs. 55/- per equity share including a share premium of Rs. 45/- per equity share aggregating to Rs. 8.34 crores (the "Net Issue"). The issue and the net issue will constitute upto 30.33% and 28.81% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 55/- each i.e., 5.50 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
02-Jan-2025	06-Jan-2025	₹ 55.00	₹ 0.00

Projects
To finance the capital expenditure for purchase of warehouse
To part finance the requirement of working capital
To meet general corporate purposes

Promoted By
Mohit Arora
Nohit Arora
Davinder Arora

Listing At
BSE - SME

Registrar to the Issue