DOMS Industries IPO Price: ₹750 - ₹790
IPO Date Range: Dec 13, 2023 - Dec 15, 2023
Established in 2006, DOMS Industries Limited stands as a leading company specializing in stationery and art products. Its core activities encompass the design, development, manufacturing, and distribution of a diverse array of items under its prominent brand, DOMS.
The company provides consumers with meticulously crafted, high-quality stationery and art materials, categorized into seven distinct groups:
By March 31, 2023, DOMS Industries Limited had significantly broadened its global presence, reaching over 40 countries. It achieved a substantial market share of 29% and 30% in Fiscal 2023 for its primary products - pencils and mathematical instrument boxes, respectively.
Through an exclusive partnership with select entities within the FILA Group, the company manages the distribution and marketing of their products in South Asia. As of March 31, 2023, DOMS Industries had established a robust, expansive multi-channel distribution network that spans the Americas, Africa, Asia Pacific, Europe, and the Middle East.
| IPO Date | December 13, 2023 to December 15, 2023 |
| Listing Date | Wednesday, 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 (aggregating up to ₹850.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 56,250,218 |
| Share holding post issue | 60,680,598 |
Investors have the option to bid for a minimum of 18 shares and multiples thereof. The table below illustrates the range of investment for retail investors and HNIs in terms of both shares and amounts.
| 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 |
| QIB Shares Offered | Not more than 75% of the Net Issue |
| Retail Shares Offered | Not less than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| 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 |
Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.
Between the financial years ending March 31, 2023, and March 31, 2022, DOMS Industries Limited experienced a remarkable 77.28% surge in revenue and a staggering 500.18% rise in profit after tax (PAT).
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 | 30 Sept 2023 |
|---|---|---|---|---|
| Assets | 457.52 | 497.46 | 639.78 | 829.46 |
| Revenue | 408.79 | 686.23 | 1216.52 | 764.22 |
| Profit After Tax | -6.03 | 17.14 | 102.87 | 73.91 |
| Net Worth | 233.61 | 247.25 | 337.43 | 397.61 |
| Reserves & Surplus | 233.24 | 246.87 | 337.06 | 341.36 |
| Total Borrowings | 97.27 | 84.90 | 100.07 | 176.38 |
| KPI | Values |
|---|---|
| P/E (x) | 43.19 |
| ROE | 33.54% |
| ROCE | 33.31% |
| Debt/ Equity | 0.28 |
| EPS (Rs) | 18.29 |
| RoNW | 28.39% |
The net proceeds from the Fresh Issue, which is the gross proceeds minus the allocated offer expenses, are intended to be utilized as follows:
Prospectus: Official documents that provide detailed information about the IPO and the company. DOMS Industries IPO DRHP and DOMS Industries IPO RHP.
An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.
Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.
The price range for the"DOMS Industries Limited" IPO is ₹750 to ₹790 per share.
The "DOMS Industries Limited" IPO is expected to be listed on Wednesday, 20 December 2023.
To apply for an IPO with Lakshmishree:
Go to www.lakshmishree.com/ipo
Select the desired IPO and fill in the required details.
Confirm your application and make the payment.
Once applied, you can track the status of your application on the platform or get in your registered Email ID.
Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.
