Davin Sons Retail Ltd - IPO

Davin Sons Retail Ltd IPO Details

Initial public offer of upto 15,99,000 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. [*]/- per equity share including a share premium of Rs. [*]/- per equity share (the Issue Price) aggregating to Rs. [*] crores (The Issue) of which upto 81,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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 [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores (the Net Issue). The issue and the net issue will constitute upto 30.37% and 28.83% 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. [*]/- each i.e., [*] times of the face value of the equity shares. The minimum lot size is [*] equity shares.

Objective of issue

To finance the capital expenditure for purchase of warehouse. To part finance the requirement of working capital. To meet general corporate purposes.

Davin Sons Retail Ltd Contact Details

Davin Sons Retail Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@davinsonsretail.com

Website - www.davinsonsretail.com