Davin Sons Retail Completes ₹625 Crore Preferential Allotment of Shares and Warrants

Davin Sons Retail has successfully completed its preferential allotment of equity shares and warrants following regulatory approvals. The company's Board of Directors approved the allotment on December 15, 2025, after receiving in-principle approval from BSE Limited on December 1, 2025.

Allotment Details

The company has completed the allotment of securities totaling ₹625.00 crores through the following instruments:

Security Type	Number of Units	Issue Price	Total Amount
Equity Shares	13,50,000	₹25.00	₹337.50 crores
Warrants	11,50,000	₹25.00	₹287.50 crores
Total	25,00,000	₹25.00	₹625.00 crores

Equity Share Allottees

The 13.50 lakh equity shares were allotted to non-promoter category investors with full cash consideration received:

Allottee Name	Category	Shares Allotted
Vansha Wealth Management Private Limited	Non-Promoter	3,30,000
Gauray Jain HUF	Non-Promoter	3,00,000
RNR Wealth Management Private Limited	Non-Promoter	2,30,000
Swanand Suresh Phand	Non-Promoter	2,00,000
HBPA Tradex Private Limited	Non-Promoter	1,30,000
Deepak Gupta	Non-Promoter	1,00,000
Saurabh Agarwal	Non-Promoter	50,000
Karan Gulshan Sapra	Non-Promoter	10,000

Warrant Allocation

The company allotted 11.50 lakh warrants to promoter category with 25.00% subscription amount received:

Promoter Name	Warrants Allotted
Mohit Arora	6,50,000
Gaurav Jain	5,00,000
Total	11,50,000

The warrants are convertible into equal number of equity shares within 18 months from allotment date, with conversion deadline of June 14, 2027.

Share Capital Impact

Following the allotment, the company's paid-up equity share capital structure has been updated:

Parameter	Before Allotment	After Allotment	Post-Warrant Conversion
Paid-up Capital	₹5.26 crores	₹6.61 crores	₹7.76 crores
Number of Shares	52,62,792	66,12,792	77,62,792
Face Value per Share	₹10.00	₹10.00	₹10.00

Regulatory Compliance

The allotment was completed pursuant to special resolution passed by members in the Extraordinary General Meeting held on September 9, 2025, and in accordance with SEBI (ICDR) Regulations, 2018. The Board meeting commenced at 5:00 PM and concluded at 6:30 PM on December 15, 2025.

This strategic fund-raising initiative positions Davin Sons Retail for enhanced operational capabilities and potential expansion in the retail sector, with the company maintaining full regulatory compliance throughout the process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-1.93%	-6.36%	+101.64%	-6.60%	-6.60%

Davin Sons Retail Limited , a company listed on the BSE SME platform, has released its financial results for the half year ended September 30, 2025, along with some significant corporate actions. Let's break down the key highlights:

Financial Performance

Davin Sons Retail Limited has reported the following financial performance for the first half of the fiscal year 2025-26:

Metric	Amount (Rs. in Lakhs)
Net Profit	56.49
Revenue from Operations	403.84

Segment-wise Performance

The company operates in two segments: Garments and FMCG products. Here's a breakdown of their performance:

Segment	Revenue (Rs. in Lakhs)	% of Total Revenue	Segment Result (Profit/Loss)
Garments	356.27	88.22%	75.78
FMCG Products	47.57	11.78%	6.60

The garments segment dominates the company's revenue stream, contributing over 88% of the total revenue and generating the majority of the profit.

Balance Sheet Highlights

As of September 30, 2025:

Metric	Amount (Rs. in Lakhs)
Total Assets	1,866.86
Shareholder's Funds	1,602.91
Inventories	456.21
Trade Receivables	622.30
Cash and Cash Equivalents	266.66

Corporate Actions

Trademark Acquisition: The company's board has approved the assignment of the trademark 'Houz of Tags' from Director Nohit Arora to the company. This move may potentially strengthen the company's brand portfolio and intellectual property assets.
New Trademark Application: Davin Sons Retail Limited plans to apply for registration of another trademark with the Controller General of Patents, Designs and Trade Marks, Government of India. This action demonstrates the company's focus on building and protecting its brand assets.

Auditor's Review

The company's statutory auditors, M/s. Sharma Sharma & Co., have issued an unmodified opinion on the unaudited financial statements for the half year ended September 30, 2025. This indicates that the financial statements are free from material misstatements and comply with the applicable accounting standards.

Key Observations

The company shows a heavy reliance on the garments segment for revenue and profit.
Strategic moves are being made to strengthen the company's brand portfolio through trademark acquisitions and new applications.
The company maintains a healthy cash position while growing its inventory and receivables.

Note: All financial figures are based on unaudited results for the half year ended September 30, 2025.