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IPO Launch: Davin Sons Retail’s FPO on 02-01-2025!

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An IPO, or Initial Public Offering, is when a private company issues shares to the public for the first time, allowing it to raise capital from a diverse pool of investors. This significant step provides the company with the necessary funding to expand and develop while giving early investors a chance to liquidate their holdings. The IPO process typically involves collaboration with investment banks and adherence to strict regulatory standards. Davin Sons Retail IPO of FPO type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 02 Jan 2025 to 06 Jan 2025 , with a market lot of 2000 shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.

Security Name DAVIN SONS RETAIL LIMITED
Offer Price () 55.00
Face Value 10.00
Type Of Issue FPO
Issue Status Forthcoming
Security Type Equity
Symbol DAVIN
Issue Period 02 Jan 2025 to 06 Jan 2025
Issue Size 1596000
Issue Price 55.00
Premium 45.00
Market Lot 2000
Minimum Bid Quantity 2000
Maximum Bid Quantity 1516000
Listing @ BSE
Lead Managers NAVIGANT CORPORATE ADVISORS LIMITED
Registrar KFin Technologies Limited^Selenimum, Tower B, Plot Number 31 and 32Financial District, Nanakramguda, Serilingampally, Telangana
Sponsor Bank Kotak Mahindra Bank Limited

Davin Sons Retail IPO opens on 02-01-2025, and closes on 06-01-2025

Start Date 02-01-2025
End Date 06-01-2025
Issue Period 02 Jan 2025 to 06 Jan 2025

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