Davin Sons Retail SME IPO Details, Financials, Valuation & Peers
Explore Davin Sons Retail IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Davin Sons Retail Limited specializes in two key business verticals: manufacturing and designing readymade garments on a job work basis and distributing branded FMCG products. Initially established as M/s. Jesus Shirts in 2012, the business transitioned into Davin Sons Retail Limited in 2022. The company offers a wide range of high-quality garments such as jeans, denim jackets, and shirts, catering to clients across Delhi, West Bengal, Uttar Pradesh, and Bihar. In the FMCG sector, Davin Sons acts as a distributor for large FMCG companies, dealing in packaged foods, non-alcoholic energy drinks, chips, chocolates, and other products. With a customer base spanning multiple Indian states, the company combines a deep understanding of consumer preferences with strong supply chain management to ensure timely delivery and quality service.
Key Points:
- Business Verticals:
- Garment Manufacturing:
- Specializes in jeans, denim jackets, and shirts, manufactured through third-party job work contractors.
- Offers tailored designs aligned with current fashion trends.
- Focuses on quality through meticulous supervision and inspection processes.
- FMCG Distribution:
- Distributes packaged FMCG products like biscuits, energy drinks, chips, and chocolates.
- Operates as both a direct distributor and a non-distributor for various brands.
- Serves retailers, wholesalers, and agents across multiple states.
- Garment Manufacturing:
- Market Presence: Strong customer base in Delhi, Haryana, Punjab, Bihar, Uttar Pradesh, Rajasthan, Chhattisgarh, and Arunachal Pradesh. Garment sales in key markets like Delhi, West Bengal, Uttar Pradesh, and Bihar.
- Manufacturing Process:
- Outsources production to job work contractors, with detailed technical specifications for designs, patterns, and quality.
- Sources fabrics from reliable suppliers in Mumbai and Delhi.
- FMCG Products:
- Wide range includes biscuits, chips, oil, energy drinks, chocolates, and toffees.
- Focuses on products that promote health and customer satisfaction.
Objects of the Issue
- To finance the Capital Expenditure for purchase of Warehouse
- To part finance the requirement of Working Capital
- To meet General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 02 Jan - 06 Jan 2025 |
| IPO Price Band | ₹55 per share |
| Fresh Issue | 15,96,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹8.78 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 02 Jan 2025 |
| IPO Closing Date | 06 Jan 2025 |
| Basis Of Allotment | 07 Jan 2025 |
| Refunds | 08 Jan 2025 |
| Demat Transfer | 08 Jan 2025 |
| IPO Listing Date | 09 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | NA | 3.91 | 13.39 | 6.34 |
| Total Expenses | NA | 3.15 | 11.19 | 5.35 |
| Net Profit/Loss | NA | 0.57 | 1.64 | 0.74 |
| NPM (*) | NA | 14.78 | 12.25 | 11.71 |
| Total Assets | 0.05 | 4.56 | 8.83 | 10.36 |
| Total Liabilities | 0 | 3.47 | 3.28 | 4.07 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | NA | 1.82 | 4.63 | 2.01 |
| ROE (%) | NA | 51.77 | 49.41 | 12.45 |
| ROCE (%) | NA | 33.21 | 54.52 | 15.37 |
| D/E Ratio | NA | NA | NA | NA |
| Current Ratio | NA | 1.97 | 2.67 | 2.45 |
| EBITDA MARGIN (%) | NA | 18.02 | 17.44 | 17.17 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 66.1 |
| Retail Individual Investor (RII) | 164.78 |
| Total | 120.8 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- MR. MOHIT ARORA
- MR. NOHIT ARORA
- MR. DAVINDER ARORA
- MRS. LALITA RANI
- MRS. SONAM ARORA
Lead Managers
- NAVIGANT CORPORATE ADVISORS LIMITED
Company Address
Davin Sons Retail Limited
609, Sixth Floor, P.P. City Centre Plot No. 3, Road No. 44, Pitampura Rani Bagh, Delhi, North West Delhi -110034
Phone: + 91-11- 49092127
Email: info@davinsonsretail.com
Website: www.davinsonsretail.com
FAQs
- What is the issue size of the Davin Sons Retail SME IPO?The Davin Sons Retail SME IPO has an issue size of ₹8.78 crore. This includes a fresh issue of 15,96,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Davin Sons Retail IPO?The price band for the Davin Sons Retail IPO is ₹55 per share.
- What are the bidding dates for the Davin Sons Retail IPO?The Davin Sons Retail IPO will open for bidding on 02 Jan 2025 and close on 06 Jan 2025.
- What is the allotment date for the Davin Sons Retail IPO?The allotment date for the Davin Sons Retail IPO is 07 Jan 2025.
- What is the minimum lot size and investment required for the Davin Sons Retail IPO?The minimum lot size for the Davin Sons Retail IPO is 2000 shares and the minimum investment required is ₹1,10,000.
- What is the listing date for the Davin Sons Retail IPO?The listing date for the Davin Sons Retail IPO is 09 Jan 2025.
- What is the Davin Sons Retail IPO grey market premium?The grey market premium (GMP) for the Davin Sons Retail IPO is currently at ₹5, with an expected listing gain of approximately 9.09%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.