Davin Sons SME IPO Subscription Status
Davin Sons SME IPO closed on 6 January 2025 with an overall subscription of 164.78x based on shares applied. NII at 66.10x, and retail at 164.78x.
Allotment will be finalised on 7 January 2025. The stock is scheduled to list on NSE and BSE on 9 January 2025.
Issue Price
Rs 55.00
GMP Today
Rs 5.00 (+9.09%)
Overall Subscription
164.78x
Issue Size
₹8.78 Cr
Allotment Date
7 Jan 2025
Listing Date
9 Jan 2025
Davin Sons SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 55.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| NII | Rs 4.17 Cr | Rs 275.57 Cr | 66.10x |
| IND | Rs 4.17 Cr | Rs 686.97 Cr | 164.78x |
| Total | Rs 8.34 Cr | Rs 962.54 Cr | 115.44x |
Davin Sons SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| NII | 7,58,000 | 5,01,04,000 | 66.10x |
| IND | 7,58,000 | 12,49,04,000 | 164.78x |
| Total | 15,16,000 | 17,50,08,000 | 115.44x |
What Do These Subscription Numbers Mean?
A subscription of 164.78x by shares means the IPO received bids for 165 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
NII at 66.10x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 164.78x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Davin Sons SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 164.78x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Davin Sons SME IPO Allotment Status page from 7 January 2025 for your allotment result.
Davin Sons SME IPO GMP After Subscription
GMP for Davin Sons SME stands at Rs 5.00 today, giving an estimated listing price of Rs 60.00 per share.
A subscription of 164.78x combined with a GMP of 9.09% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Davin Sons SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Davin Sons SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 2 Jan 2025 | - | 0.55x | 4.89x | 2.72x |
| Day 2 - 3 Jan 2025 | - | 3.03x | 22.03x | 12.53x |
| Day 3 - 6 Jan 2025 | - | 66.10x | 164.78x | 120.80x |
Davin Sons SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 2 January 2025 |
| IPO Close Date | 6 January 2025 |
| Allotment Date | 7 January 2025 |
| Refund Initiation | 8 January 2025 |
| Share Credit to Demat | 8 January 2025 |
| Listing Date | 9 January 2025 |
| Minimum Investment | Rs 2,20,000.00 |
| Lot Size | 2000 shares |
About Davin Sons SME
Davin Sons Retail Limited manufactures and designs a wide range of high-quality readymade garments, including jeans, denim jackets, and shirts for other brands. The company's area of operation is in the states of Haryana, Delhi, Punjab, Arunachal Pradesh, Rajasthan, Gujarat, Bihar and Chhattisgarh where customers are scattered across large area.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Davin Sons SME IPO Subscription FAQs
What is Davin Sons SME IPO subscription status today?
Davin Sons SME IPO subscription closed on 6 January 2025 with overall subscription of 164.78x (by shares) as of 27 June 2026, 2:47 AM IST. QIB N/A, NII 66.10x, IND 164.78x.
What is the overall subscription of Davin Sons SME IPO?
Davin Sons SME IPO is subscribed 164.78x overall by shares at close on 6 January 2025. QIB N/A, NII 66.10x, and IND 164.78x.
What is Davin Sons SME IPO QIB subscription?
QIB subscription for Davin Sons SME IPO will appear here once institutional bids are recorded.
What is Davin Sons SME IPO IND subscription?
Davin Sons SME IPO IND subscription is 164.78x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Davin Sons SME IPO NII subscription?
Davin Sons SME IPO NII (Non-Institutional Investors) subscription is 66.10x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Davin Sons SME IPO for retail?
Davin Sons SME IPO retail share subscription is 164.78x. Application-wise data is needed for accurate lottery odds.
When is Davin Sons SME IPO allotment date?
Davin Sons SME IPO allotment date is 7 January 2025. Check Davin Sons SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Davin Sons SME IPO subscription close?
Davin Sons SME IPO subscription closed on 6 January 2025. No new applications are accepted after the close.
What is Davin Sons SME IPO GMP today?
Davin Sons SME IPO GMP is ₹5 today (+9.09% over issue price ₹55). See live GMP on the Davin Sons SME IPO GMP Today page.
What is Davin Sons SME IPO issue price and lot size?
Davin Sons SME IPO issue price is ₹55 per share. Lot size is 2000 shares. Minimum investment is ₹2,20,000 per lot (minimum 2 lots for SME). Issue size: ₹8.78 Cr.
When is Davin Sons SME IPO listing date?
Davin Sons SME IPO listing date is 9 January 2025 on NSE and BSE. Allotment is on 7 January 2025.
How does subscription affect Davin Sons SME IPO allotment?
Allotment odds in Davin Sons SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 164.78x overall, competition is very high.
For allotment results from 7 January 2025, visit the Davin Sons SME IPO Allotment Status page. For listing day updates on 9 January 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.