IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

15,99,000 equity shares

Investor category and sub category

Qualified Institutional Buyers  |   Retail Individual Investors  |   Non-institutional Investor  |  

About Davin Sons Retail Ltd

The company has two business verticals. i.e. manufacturing of readymade garments and the distribution of FMCG products. They are engaged in the business of manufacturing and designing readymade garments, offering a diverse range of high-quality jeans, denim fabrics, denim jackets and t-shirts for other brands. Their clients include AS Enterprise, Kaxiaa Exports, V- BAZAAR, Berry Cotts, V2 RETAIL, MEGASHOP, Passage Global etc.

Their garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. They outsource the entire garments manufacturing on a job work basis from third-party contractors from time to time and provide the technical specifications such as designs, pattern, quality, fabric, etc., to the contractors. The contractors, based on the given specifications, procure the requisite raw materials and begin the manufacturing process. The products delivered to them from third-party contractors are completely finished and packaged.

They have a client base in Delhi, Haryana, West Bengal, Uttar Pradesh and Bihar, from where they are getting regular orders. They have also entered into distributorship arrangements for marketing and selling their manufactured readymade garments to the small market. These distributors are situated at Delhi, Uttar Pradesh, Bihar.

The Indian textile and apparel industry is expected to grow at 10% CAGR from 2019-20 to reach US$ 190 billion by 2025-26. This expansion may help companies like Davin Sons Retail grow their revenue.

Davin Sons Retail Ltd IPO Details

Davin Sons Retail Ltd IPO Dates

The dates for bidding for the Davin Sons Retail IPO are yet to be announced.

Davin Sons Retail Ltd IPO Price Band

Davin Sons Retail is a fixed price IPO. The exact price is yet to be announced.

Davin Sons Retail Ltd IPO Lot Size

The Davin Sons Retail Ltd IPO lot size is not announced yet.

Davin Sons Retail Ltd IPO Objectives

The net proceeds of the IPO will be used for the following purposes:

  1. To finance the capital expenditure for the purchase of a warehouse.
  2. To part finance the requirement of working capital.
  3. General corporate purposes

Peer Details

There are no listed peers of Davin Sons Retail.

How To Check the Allotment Status of the Davin Sons Retail Ltd IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app.
  • Go to the IPO Section and then to IPO Orders.
  • Select the individual IPO that you had applied for and check the allotment status.
  • Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Davin Sons Retail Ltd

Registered office: 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

E-mail: info@davinsonsretail.com

IPO Financials

Particulars Total Period Ending on November 30, 2023 (Amount in ₹ lakhs) Year ending on March 31, 2023 (Amount in ₹ lakhs)
Total Income 1,090.75 391.33
Profit After Tax 118.66 56.62
Return on Capital Employed 42.84% 31.21%
Return on Equity 38.31% 51.77%

Know before investing


  1. Their range of products allows their existing customers to source their various product requirements from them and also enables them to expand their business from existing customers.

  2. Their long-standing relationships with their suppliers have helped them in creating a distributor-of-choice image for themselves for many of these companies.


  1. There are outstanding litigation proceedings involving the company, its promoters and/or its directors, an adverse outcome in which may have an adverse impact on their reputation, business, financial condition, results of operations and cash flows.

  2. Their top ten customers accounted for approximately 64.17% of their total revenue from operations for FY 2022-23. The loss of any of these customers can disrupt their revenues.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

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Davin Sons Retail Ltd IPO FAQs

What is Davin Sons Retail Ltd's IPO?

Davin Sons Retail IPO is a fixed price IPO. The dates for the IPO are yet to be announced.

When will Davin Sons Retail Ltd's IPO be allotted?

The date of allotment is not announced yet.

When will Davin Sons Retail Ltd's IPO open for subscription?

The IPO subscription window is not announced yet.

What minimum lot size can retail investors subscribe to?

The lot size for the IPO is yet to be announced.

When will Davin Sons Retail Ltd list on exchanges?

The listing date for Davin Sons Retail is not announced yet.

What would be the listing gains on the Davin Sons Retail Ltd IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. The date of listing is yet to be announced.

I have finished the application process for the Davin Sons Retail Ltd IPO, but the funds still need to be debited. What is the reason?

Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Davin Sons Retail Ltd's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Davin Sons Retail Ltd using one PAN?

You can submit only one application using your PAN card.