DOMS Industries Limited Announces Rs 1,200 Crores IPO Offering: A Creative Journey to Global Heights
In a groundbreaking move, DOMS Industries Limited, a global leader in the stationery and art product sector, is set to embark on a new chapter with its Initial Public Offering (IPO) of Rs 1,200.00 crores. The IPO comprises a fresh issue of 0.44 crore shares, amounting to Rs 350.00 crores, and an offer for sale of 1.08 crore shares, totaling Rs 850.00 crores.
IPO Details and Timeline:
About DOMS Industries Limited: Established in 2006, DOMS Industries Limited is renowned for its innovative stationery and art products, operating globally under the flagship brand, DOMS. The company has marked its presence in over 40 countries as of March 31, 2023, securing a 29% and 30% market share for its core products, pencils, and mathematical instrument boxes, respectively.The diverse product range spans seven categories, including scholastic stationery, art materials, paper stationery, kits and combos, office supplies, hobby and craft, and fine art products. DOMS Industries Limited has a robust global multi-channel distribution network across the Americas, Africa, Asia Pacific, Europe, and the Middle East.
The DOMS IPO subscription period is scheduled to open on December 13, 2023, and will conclude on December 15, 2023.
The company anticipates finalizing allotments on Monday, December 18, 2023.
DOMS IPO is poised to list on both BSE and NSE, with a tentative listing date fixed for Wednesday, December 20, 2023.
The IPO’s price band is set at ₹750 to ₹790 per share, with a minimum lot size for an application consisting of 18 shares.
DOMS IPO Details
| IPO Date | December 13, 2023 to December 15, 2023 |
| Listing Date | December 20, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹750 to ₹790 per share |
| Lot Size | 18 Shares |
| Total Issue Size | 15,189,873 shares (aggregating up to ₹1,200.00 Cr) |
| Fresh Issue | 4,430,380 shares (aggregating up to ₹350.00 Cr) |
| Offer for Sale | 10,759,493 shares of ₹10 (aggregating up to ₹850.00 Cr) |
| Employee Discount | Rs 75 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 56,250,218 |
| Share holding post issue | 60,680,598 |
DOMS IPO Timeline
DOMS IPO opens on December 13, 2023, and closes on December 15, 2023.
| IPO Open Date | Wednesday, December 13, 2023 |
| IPO Close Date | Friday, December 15, 2023 |
| Basis of Allotment | Monday, December 18, 2023 |
| Initiation of Refunds | Tuesday, December 19, 2023 |
| Credit of Shares to Demat | Tuesday, December 19, 2023 |
| Listing Date | Wednesday, December 20, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 15, 2023 |
DOMS IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | ₹14,220 |
| Retail (Max) | 14 | 252 | ₹199,080 |
| S-HNI (Min) | 15 | 270 | ₹213,300 |
| S-HNI (Max) | 70 | 1,260 | ₹995,400 |
| B-HNI (Min) | 71 | 1,278 | ₹1,009,620 |
#IPOAlert | DOMS Industries lists at Rs 1400/share, a 77% premium over the IPO price.
Watch 🎥#IPO #DOMSIndustriesIPO #DOMSIndustries pic.twitter.com/HnYkpQUjcK
— Moneycontrol (@moneycontrolcom) December 20, 2023
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