Davin Sons Retail shares are set to debut on the BSE SME platform with an expected 9% listing premium. The company received an impressive IPO subscription of 120 times. The proceeds will fund warehouse purchases, working capital, and general corporate purposes. Revenue saw a significant rise from Rs 3.91 crore in 2023 to Rs 13.39 crore in 2024.
Melody effect: Wrong ‘Parle’ stock hits 5% upper circuit for 4th day, up 21% since PM Modi’s gift for Meloni
Parle Industries shares hit the 5% upper circuit for the fourth consecutive session amid speculation that investors are mistaking it for unlisted FMCG major Parle