Davin Sons Retail Ltd Share Price

(544331)

Davin Sons Retail Limited was incorporated as Davin Sons Retail Limited pursuant to a Certificate of Incorporation dated 8th February 2022 issued by the ROC Central Registration Centre. Later on 2nd March 2023 the running business of the above proprietorship concern of Promoter JESUS SHIRTS was takenover by the Company along with the assets and liabilities of the proprietorship concern as going concern basis as on 28th February 2023.Prior to incorporation the Company was into the business of manufacturing of readymade garments. Later on 01st August 2022 Company introduced distribution of FMCG products of wellknown brands to various retailers Shopkeepers and other distributors agents. The business structure is categorised in two vertical line consisting of Manufacturer of readymade garments and distribution of FMCG products. Under the Garment segment the Company is engaged in manufacturing and designing of readymade garments offering diverse range of highquality jeans denim fabrics denim jackets and tshirts for other brands. The garment manufacturing process includes cutting stitching sewing finishing inspection and packing. It is selling readymade garments in the state of Delhi Haryana West Bengal and Uttar Pradesh. Under FMCG Business Segment it is engaged in distribution of FMCG products of other wellknown brands to various retailers Shopkeepers and other distributor agents. It further purchase the bulk stock of products from the Seller Companies/ Vendors and sell them to various retailers shopkeepers and other distributors Agents in small quantities on a profit margin and incentives from vendor Companies. It is selling FMCG products in the state of Delhi Haryana Punjab Rajasthan and Arunachal Pradesh.The Company is proposing an Initial Public Offer of 1599000 Equity Shares through Fresh Issue..

Chairperson Name: Mohit Arora