Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Davin Sons Retail IPO vs Leo Dryfruits IPO

Comparison between Davin Sons Retail IPO and Leo Dryfruits IPO.

IPO Details

Davin Sons Retail IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Leo Dryfruits IPO is a SME Bookbuilding proposed to list at BSE SME.

 Davin Sons Retail IPOLeo Dryfruits IPO
LogoDavin Sons Retail IPO LogoLeo Dryfruits IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtBSE SMEBSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Shreni Shares Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerAftertrade Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Davin Sons Retail IPO is up to ₹8.34 Cr whereas the issue size of the Leo Dryfruits IPO is up to ₹23.84 Cr. The final issue price of Davin Sons Retail IPO is ₹55.00 per share and of Leo Dryfruits IPO is ₹52.00 per share.

 Davin Sons Retail IPOLeo Dryfruits IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹51.00 per share
Issue Price (Upper)₹52.00 per share
Issue Price (Final)₹55.00 per share₹52.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size15,16,000 shares45,84,000 shares
Fresh Issue Size (Amount)up to ₹8.34 Crup to ₹23.84 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total15,16,000 shares45,84,000 shares
Issue Size Total (Amount)up to ₹8.34 Crup to ₹23.84 Cr

IPO Timetable

Davin Sons Retail IPO opens on Jan 02, 2025, while Leo Dryfruits IPO opens on Jan 01, 2025. The closing date of Davin Sons Retail IPO and Leo Dryfruits IPO is Jan 06, 2025, and Jan 03, 2025, respectively.

 Davin Sons Retail IPOLeo Dryfruits IPO
Anchor Bid DateDec 31, 2024
Issue OpenJan 02, 2025Jan 01, 2025
Issue CloseJan 06, 2025Jan 03, 2025
Basis Of Allotment (Tentative)Jan 07, 2025Jan 06, 2025
Initiation of Refunds (Tentative)Jan 08, 2025Jan 07, 2025
Credit of Share (Tentative)Jan 08, 2025Jan 07, 2025
Listing date (Tentative)Jan 09, 2025Jan 08, 2025
Anchor Lockin End date 1Feb 05, 2025
Anchor Lockin End date 2Apr 06, 2025

Financials & KPIs

Davin Sons Retail IPO P/E ratio is 12.29, as compared to Leo Dryfruits IPO P/E ratio of 10.23.

 Davin Sons Retail IPOLeo Dryfruits IPO
Financials

Davin Sons Retail Limited Financial Information (Restated Consolidated)

Davin Sons Retail Limited's revenue increased by 242% and profit after tax (PAT) rose by 190% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,036.2883.12455.975
Total Income634.11,339.16391.33
Profit After Tax73.59164.0556.62
Net Worth627.78554.65109.37
Total Borrowing194.4524128.15
Amount in ₹ Lakhs

Leo Dry Fruits and Spices Trading Ltd Financial Information (Restated)

Leo Dry Fruits and Spices Trading Ltd's revenue increased by 71% and profit after tax (PAT) rose by 83% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets6,988.785,234.952,664.011,198.64
Total Income1,788.246,226.513,646.83526.54
Profit After Tax187.18663.69363.467.9
Net Worth3,577.443,390.26499.91136.45
Reserves and Surplus2,271.292,084.12370.416.95
Total Borrowing1,670.06914.641,537.13601
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)90.6852.21
Promoter Shareholding (Post-Issue)63.1838.11
P/E Ratio12.2910.23
Market Cap₹28.95 Cr.₹93.04 Cr.
ROE49.41%34.12%
ROCE54.52%33.52%
Debt/Equity0.27
EPS₹4.47₹5.08
RoNW29.58%19.58%

Shares Offered

In the Davin Sons Retail IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Leo Dryfruits IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Davin Sons Retail IPO and 9,16,000 shares in Leo Dryfruits IPO.

 Davin Sons Retail IPOLeo Dryfruits IPO
Anchor Investor Reserveration0 shares13,24,000 shares
Market Maker Reserveration80,000 shares2,46,000 shares
QIB0 shares9,16,000 shares
NII7,58,000 shares7,00,000 shares
RII7,58,000 shares16,44,000 shares
Employee0 shares0 shares
Others
Total15,16,000 shares45,84,000 shares

Bids Received (Subscription)

Davin Sons Retail IPO subscribed 120.80x in total, whereas Leo Dryfruits IPO subscribed 181.77x.

 Davin Sons Retail IPOLeo Dryfruits IPO
QIB (times)68.06x
NII (times)66.10x394.59x
Big NII (times)
Small NII (times)
RII (times)164.78x154.50x
Employee (times)
Other (times)
Total (times)120.80x181.77x