The DOMS Industries IPO date has been confirmed to have started on December 13 and will close on December 15.
Using an IPO, DOMS Industries is seeking to raise ₹1200 crore. Its price band is set to comprise a fresh issue of ₹250 crores and offers for sale up to ₹850 crores of ₹10 each. The retail Share is 10%, QIB is 75%, and HNI is 15%
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Bidding Dates
Dec 13-15
Price Range
₹750 to ₹790 Per Share
Face Value
₹10 per share
GMP
₹526
DOMS Industries IPO GMP
The DOMS Industries Limited IPO GMP is ₹526.
IPO Overview
DOMS Industries, a forerunner in India’s industry for stationery and art products, designs, develops, manufactures, and sells a wide range of these items. This largely takes place under its names ‘DOMS,’ ‘C3,’ ‘Amariz,’ and ‘Fixyfix,’ both domestically and globally, with over 40 countries covered as of March 31, 2023. Key products such as pencils and mathematical instrument boxes have considerable market shares, accounting for 29% and 30% of total market value in fiscal 2023, respectively.
The corporation ensures operational prowess with production hubs in Umbergaon, Gujarat, and Bari Brahma, Jammu and Kashmir. In terms of general trade distribution, it has over 100 super-stockists, 3,750 distributors, and a skilled sales force of over 450 people. This team has 115,000 retail touchpoints in over 3,500 cities and towns, thus expanding its reach. Modern trade and e-commerce networks broaden their reach to serve a wider range of consumer categories.
DOMS Industries IPO Details
| DOMS Industries IPO Dates | 13 – 15 December 2023 |
| DOMS Industries IPO Price | Coming soon |
| Fresh issue | INR 350 crore |
| Offer For Sale | INR 850 crore |
| Total IPO size | INR 1,200 crore |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | BSE, NSE |
DOMS Industries Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 402.82 | 683.60 | 1,211.89 |
| Expenses | 416.37 | 662.20 | 1,077.76 |
| Net income | (6.03) | 17.14 | 102.87 |
| Margin (%) | (1.50) | 2.51 | 8.49 |
DOMS Industries IPO Dates and Listing Performance
| DOMS Industries IPO Opening Date | 13 December 2023 |
| DOMS Industries IPO Closing Date | 15 December 2023 |
| Finalization of Basis of Allotment | 18 December 2023 |
| Initiation of refunds | 19 December 2023 |
| Transfer of shares to demat accounts | 19 December 2023 |
| DOMS Industries IPO Listing Date | 20 December 2023 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Company Profile
DOMS Industries categorises its products into seven categories to diversify its offerings: (i) scholastic stationery; (ii) scholastic art material; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products. It claims the biggest product variety among its Indian competitors and is one of the few global companies in the’stationery and art material’ sector with such breadth. Notably, covering numerous categories and pricing ranges has propelled it to be India’s fastest growing firm in terms of revenue for’stationery and art material’ items from Fiscal 2020 to Fiscal 2022.
Registrar Info
| Name | LINK INTIME INDIA PRIVATE LIMITED |
| Phone number | +91 022 4918 6060 |
| Email ID | domsind.ipo@linkintime.co.in |
| Website | linkintime.co.in |
Contact Details
| Name | DOMS INDUSTRIES LIMITED |
| Phone number | +91 74348 88445 |
| Email ID | ir@domsindia.com |
| Website | domsindia.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
