ListedSMETextileDAVIN

Davin Sons Retail IPO

Davin Sons Retail IPO is an SME IPO raising ₹8 Cr at a fixed price of ₹55 a share. It listed on 9 Jan 2025 at ₹44, −20.0% against its issue price of ₹55, and trades at ₹20 today (−62.8% since issue). It was subscribed 118× in total.

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₹55

Issue price

₹20

Price now

−62.8%

Since issue price

9 Jan 2025

Listed on

118×Subscribed (final) · all exchanges

118.0 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Issue price (fixed)₹55

Cut-off price₹55

Issue size₹8 Cr

Shares per lot2000

Minimum application₹1,10,000

Minimum quantity2000

Face value₹10

Listing exchangesBSE

ISININE0Q2L01013

Bidding hours10:00 – 17:00 IST

Bidding window2 Jan 2025 – 6 Jan 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.