Davin Sons Retail Limited

Company Name	Davin Sons Retail Limited
Open Date	02-01-2025
Close Date	06-01-2025
Exchange	BSE SME
Lot Size	2,000 Shares
Issue Price	₹55 per share
Issue Size	15,96,000 shares
Application Amount	₹1,10,000
Recommendation	Avoid

Davin Sons Retail Limited was originally incorporated on Feb 08, 2022. The registered office is located at New Delhi, India. The company is engaged in the business of manufacturing and designing of readymade garments for men. They also distribute FMCG products to large FMCG companies. The company derives majority of almost equal amount of revenue from sale of readymade garments and FMCG products as on Sep-24. The company has 20 full-time employees as on Dec 20, 2024.

(Read more on the review)

Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24	Sep-24
Revenue	88.88	515.86	1,339.16	628.42
EBITDA	7.41	163.94	233.56	107.87
Net Profit	5.74	151.53	164.04	73.58
RoCE	147.4%	68.71%	38.73%	12.79%*
ROE	-	138.55%	29.53%	9.31%*
P/E	-	30.22	11.88	19.67*

Tentative Timeline

Opening Date	02-01-2025
Closing Date	06-01-2025
Basis of Allotment	07-01-2025
Initiation of Refunds	08-01-2025
Credit of Shares to Demat	08-01-2025
Listing Date	09-01-2025

Objects of the Issue

To finance the Capital Expenditure for the purchase of the Warehouse

To part finance the requirement of Working Capital

To meet General corporate purposes

Contact Information

Registered Office	Davin Sons Retail Limited 609, Sixth Floor, Road No. 44, Pitampura P.P. City Centre Plot No. 3, Road No. 44, Pitampura Rani Bagh-, North-West Delhi -110034
Phone	+ 91-11- 4909212
Email	info@davinsonsretail.com
Website	http://www.davinsonsretail.com/

Offer Documents

Davin Sons IPO DRHP

Davin Sons IPO RHP

Registrar Details

Name	KFin Technologies Limited
Phone	04067162222, 04079611000
Email	dsrl.ipo@kfintech.com
Website	https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Retail Shares Offered	50% of the Net Issue
Other Shares Offered	50% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters)	90.68%
Shareholding Post Issue (Promoters)	63.18%