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Unlisted shares of Davin Sons Retail Ltd are trading at Rs 55 each in the grey market, which is no GMP over the IPO cost of Rs 55. It shows a level listing on January 9.
Davin Sons Retail IPO.
Davin Sons IPO: The preliminary public deal (IPO) of Davin Sons Retail Ltd has actually been opened up for public membership onThursday The cost of the Rs 8.78-crore BSE SME IPO has actually been taken care of at Rs 55. Till 11:49 get on the very first day of bidding process on Thursday, the IPO obtained a 100 percent membership getting proposals for 15,14,000 shares versus 15,16,001 shares available.
So much, the non-institutional capitalists (NII) classification has actually obtained an 0.17 times membership, while the allocation for retail capitalists obtained subscribed by 1.83 times.
The IPO will certainly be shut on Monday, January 6.
Davin Sons IPO GMP Today
According to market onlookers, unpublished shares of Davin Sons Retail Ltd are trading at Rs 55 each in the grey market, which is no GMP over the IPO cost of Rs 55. It shows a level listing on January 9.
Davin Sons Retail IPO: More Details
The Davin Sons IPO is totally a fresh problem of 15.96 lakh shares. Its cost has actually been taken care of at Rs 55 per share.
The IPO bidding process has actually been opened up on January 2, 2025, and will certainly shut on January 6, 2025. The part for the Davin Sons IPO is anticipated to be settled on Tuesday, January 7, 2025. It will certainly note on BSE SME with tentative listing day taken care of as Thursday, January 9, 2025.
For capitalists, the minimal whole lot dimension for an application is 2,000. The minimal quantity of financial investment needed by retail capitalists is Rs 1,10,000. The minimal whole lot dimension financial investment for HNI is 2 great deals (4,000 shares) totaling up to Rs 2,20,000.
Navigant Corporate Advisors Ltd is guide running lead supervisor of the Davin Sons IPO, while Kfin Technologies Limited is the registrar for the problem.The market manufacturer for Davin Sons IPO is Aftertrade Broking Pvt Ltd.
