Davin Sons Retail Ltd - Prospectus Synopsis

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 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