Davin Sons Retail shares list at 20% discount over IPO price on BSE SME platform
Davin Sons Retail shares debut with a 20% discount at Rs 44 on the BSE SME platform, despite a Rs 5 GMP. The IPO of 15.96 lakh fresh equity shares closed with a 120 times subscription. Proceeds will fund a warehouse, working capital, and corporate purposes. The company saw significant revenue growth in 2024.
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