Share the post "IPO Launch: Davin Sons Retail’s FPO on 02-01-2025!"
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 |
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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 |
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End Date | 06-01-2025 |
Issue Period | 02 Jan 2025 to 06 Jan 2025 |
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