Current IPO
Davin Sons Retail Ltd
Registered Office:
609 6th Flr PP City Centre # 3,Rd No 44 Pitampura Rani Bagh,
Delhi ,
Delhi,110034
Phone : +91-11-4909 2127
|
Fax : N/A
| 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 | Allotment | Application |
| 02-Jan-25 | 06-Jan-25 | 0.0 - 0.0 | 55.0 - 0.0 |
Minimum Application for shares in Nos : 2000.00 Further Multiples of : 2000.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 7.48 |
Navigant Corporate Advisors Ltd |
| Project Financed | 8.78 | |
| Post Issue | 5.26 | |
| Issue Price | 5.26 |
Projects
- To finance the capital expenditure for purchase of warehouse
- To part finance the requirement of working capital
- To meet general corporate purposes
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Promoted By
Mohit Arora
Nohit Arora
Davinder Arora
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Listing At
BSE - SME
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Registrar to the Issue
KFin Techologies Ltd