31 Mar 2022
Assets0.05
At a glance
Updated 2026-09-12Davin Sons is a SME IPO with an issue size of ₹8.78 crore, proposed for listing on BSE SME. The offer opens on 2nd Jan 2025 and closes on 6th Jan 2025. The issue structure includes a fresh issue of ₹8.34 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹8.78 Cr
Fresh issue₹8.34 Cr
Face value₹10
Price band—–—
Allotment7th Jan 2025
Listing9th Jan 2025
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper priceNO DATA
Est. listing₹60.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens2nd Jan 2025
Closes6th Jan 2025
Allotment7th Jan 2025
Refund8th Jan 2025
Demat8th Jan 2025
Listing9th Jan 2025
Subscription demand
Full bidding ↗Total115.44×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To finance the Capital Expenditure for purchase of Warehouse | ₹1.36 Cr |
| To part finance the requirement of Working Capital | ₹4.22 Cr |
| General Corporate Purposes | ₹1.90 Cr |
| Issue expenses | ₹1.30 Cr |
| Total | ₹8.78 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue6.34₹ Cr · -52.7% vs prior year
PAT0.74₹ Cr · -54.9% vs prior year
Assets10.36₹ Cr · +17.3% vs prior year
Net Worth6.28₹ Cr · +13.2% vs prior year
Borrowing1.94₹ Cr · +708.3% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets4.56
Total Income3.91
Profit After Tax0.57
NET Worth1.09
Total Borrowing1.28
31 Mar 2024
Assets8.83
Total Income13.39
Profit After Tax1.64
NET Worth5.55
Total Borrowing0.24
30 Sep 2024
Assets10.36
Total Income6.34
Profit After Tax0.74
NET Worth6.28
Total Borrowing1.94
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 49.41% |
| ROCE | 54.52% |
| RoNW | 29.58% |
| PAT Margin | 12.25% |
Valuation & shareholding
Pre-IPO EPS4.47
Post-IPO EPS2.80
Pre-IPO P/E12.29
Post-IPO P/E19.67
Promoter holding pre90.68%
Promoter holding post63.18%
Market cap₹28.95 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Davin Sons Retail IPO | — | 19.67 x | — | — |
| Ashutosh Fibre IPO | — | 12.55 x | — | — |
| Madhur Knit IPO | — | 13.35 x | — | — |
| Fascinate Textiles IPO | — | 36.97 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| To finance the Capital Expenditure for purchase of Warehouse | ₹1.36 Cr |
| To part finance the requirement of Working Capital | ₹4.22 Cr |
| General Corporate Purposes | ₹1.90 Cr |
| Issue expenses | ₹1.30 Cr |
| Total | ₹8.78 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Navigant Corporate Advisors Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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