Sections

    1. Investment Snapshot

    2. Price Chart

    3. Valuation & Price Target

    4. Business & Product Moat

    5. Market & Macro

    Discussion


Investment Snapshot
Price Chart
Valuation & Price Target
Business & Product Moat
Market & Macro
Discussion

DAVIS COMMODITIES Ltd

Investment Snapshot

Symbol

DTCK

IPO Date (Actual)

2023-09-19

Offer Range

$4.00

Shares Offered

1.1M

Total Shares Post-IPO

25.4M

Market Cap

Target Price
$00.00

Implied Upside vs Midpoint

$00.00

Use of Proceeds

Price Chart

Historic Price Chart - DTCK
Valuation & Price Target

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Business & Product Moat

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Competitor Set
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Market & Macro

Sector context: Wholesale-Farm Product Raw Materials

Same-industry IPOs from the last 365 days (as of 2026-06-04). Returns from IPO open price.

Median IPO open → current
-76.4%
win 40% · n=5
Median first month
+5.0%
win 60% · n=5
CompanyIPO DateOpen → CurrentFirst Month

APC

ARKO Petroleum Corp.
2026-02-12+17.7%+5.0%

AGCC

Agencia Comercial Spirits Ltd.
2025-10-22+344.4%+50.2%

NPT

Texxon Holding Ltd
2025-10-22-76.4%-13.8%

DLXY

Delixy Holdings Ltd
2025-07-09-88.7%+11.4%

TLIH

Ten-League International Holdings Ltd
2025-07-08-91.1%-79.2%

Discussion