Registered Office:
609 6th Flr PP City Centre # 3,Rd No 44 Pitampura Rani Bagh,
Delhi
-
110034,
Phone : +91-11-4909 2127
Fax : NA
Initial public offer of 15,96,000 equity shares of face value of (Rs) 10/- each ("Equity Shares") of Davin Sons Retail Limited ("Company" or the "Issuer") for cash at a price of (Rs) 55/- per equity share including a share premium of (Rs) 45/- per equity share (the "Issue Price") aggregating to
(Rs) 8.78 crores ("The Issue") of which 80,000 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 55/- per equity share including a share premium of (Rs) 45/- per equity share aggregating to (Rs) 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 (Rs) 10/- each at a price of (Rs) 55/- per equity share including a share premium of (Rs) 45/- per equity share aggregating to (Rs) 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 (Rs) 10/- each and the issue price is (Rs) 55/- each i.e., 5.50 times of the face value of the equity shares.
The minimum lot size is 2,000 equity shares
Opens On
Closes On
Application
Allotment
02-Jan-25
06-Jan-25
55.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
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