| Davin Sons Retail Ltd |
|
Registered Office:
609 6th Flr PP City Centre # 3,Rd No 44 Pitampura Rani Bagh
,
Delhi
-
110034
,
Delhi
, India.
Phone :
+91-11-4909 2127 Fax:
Email : info@davinsonsretail.com
Website : www.davinsonsretail.com
|
Initial public offer of 15,96,000 equity shares of face value of  10/- each ("Equity Shares") of Davin Sons Retail Limited ("Company" or the "Issuer") for cash at a price of 55/- per equity share including a share premium of 45/- per equity share (the "Issue Price") aggregating to
8.78 crores ("The Issue") of which 80,000 equity shares of face value of 10/- each for cash at a price of 55/- per equity share including a share premium of 45/- per equity share aggregating to 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 10/- each at a price of 55/- per equity share including a share premium of 45/- per equity share aggregating to 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 10/- each and the issue price is 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 |
Application |
Allotment |
|
| 02-Jan-25 |
06-Jan-25 |
Rs55.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
7.48 |
| Navigant Corporate Advisors Ltd |
|
| Project Financed through Current Offer |
8.78 |
|
| Post Issue Equity Share Capital |
5.26 |
|
| Issue Price |
Rs55.00 |
|
|