DOMS IPO subscribed 93.52 times on final day | Check out lot size, allotment date, other details
DOMS listing date: The DOMS stock is likely to be listed in the secondary market on December 20. The stock will be traded on the bourses, BSE and NSE.
DOMS IPO, DOMS IPO, DOMS IPO subscription status: On Friday (Day 3), DOMS IPO's share sale received bids for 82,64,87,838 shares against 88,37,407 shares on offer. The DOMS IPO is a book-built issue of Rs 1,200 crore. The issue is a combination of a fresh issue of 0.44 crore shares aggregating to Rs 350 crore and an offer for sale (OFS) of 1.08 crore shares aggregating to Rs 850 crore.
DOMS IPO subscription status
|Subscription (No. of times the equity reserved)
|Qualified institutional buyers
|Source: Exchange data
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DOMS IPO allotment date
The basis of the allotment of shares is set to be tentatively finalised on December 18.
DOMS IPO listing date
The DOMS stock is likely to be listed in the secondary market on December 20. The stock will be traded on the bourses, BSE and NSE.
DOMS IPO: Book-running lead managers
JM Financial Limited, BNP Paribas, ICICI Securities, and IIFL Securities are the book-running lead managers of the DOMS IPO, while Link Intime India Private is the registrar for the issue.
DOMS IPO review by Anil Singhvi: Should you apply or not?
According to Zee Business Managing Editor Anil Singhvi, investors should bid for strong listing gains. Singhvi said that whether one should keep it for the long term or not would be decided after the listing.
DOMS Industry IPO: Positives
- DOMS is quite a strong brand
- Experienced promoters
- Strong distribution network
- Good track record in terms of growth and is a market leader with 30 per cent shares in pencil products. Read more
DOMS IPO: Lot Size
The issue has a lot size of 18 shares and multiples of 18 thereafter.
DOMS IPO: Fund Utilisation
The net proceeds of the fresh issue are proposed to be utilised for:
- Partly finance the cost of establishing a new manufacturing facility to expand its production capabilities for a wide range of writing instruments, watercolour pens, markers, and highlighters;
- General corporate purposes.
What does DOMS Industries do?
Incorporated in 2006, DOMS Industries is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products under the flagship brand, DOMS.
DOMS offers well-designed and high-quality stationery and art materials to consumers, which are classified into the following seven categories: (i) scholastic stationery; (ii) scholastic art materials; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products.
DOMS Industries IPO opened on December 13. The price band of the offer has been fixed in the range of Rs 750–790 per share. The IPO of the stationery and art product company will be open for subscription for three trading days until December 15.