DOMS IPO price band fixed at ₹750-790/share, IPO Open On December 13

DOMS Industries is going to raise ₹1200 crores via initial public offerings. The DOMS IPO will open on December 13 and will close on December 15. DOMS IPO price band is fixed at ₹750 to ₹790 per share. The DOMS IPO minimum market lot is 18 shares with ₹14,220 application amount. Retail investors can apply up to 14 lots with 252 shares or ₹199,080 amount.
DOMs IPO

DOMS IPO to raise around ₹1200 crores via IPO that comprises fresh issue of ₹250 crores and offer for sale up to ₹850 crores of ₹10 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

DOMS IPO GMP is active and looks very strong at the 400 level; the Doms IPO is to list on premium as per the market speculations and the grey market indicates. Investors should closely watch the daily updates of DOMS IPO GMP at the IPO Watch portal or our IPO Watch App available on Google Playstore.

DOMS Industries Limited is an Indian stationery and art materials manufacturing company based in Valsad, Gujarat. The company was founded in 1976 as a partnership firm, R.R. Industries, by Rasiklal Amritlal Raveshia and Mansukhlal Jamnadas Rajani. The company launched its flagship brand “DOMS” in 2005.

The company is a holistic creative products company with a leading player and brand in India’s ‘stationery and art’ products market. They design, develop, manufacture, and sell a wide range of these products, primarily under our flagship brand ‘DOMS’, in the domestic market as well as in over 40 countries internationally, as of March 31, 2023. Their core products such as ‘pencils’ and ‘mathematical instrument boxes’ enjoy high market shares; 29% and 30% market share by value in Fiscal 2023 respectively.

DOMS offers well-designed and quality ‘stationery and art material’ products to consumers, which we classify across seven categories: (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. The company has a strong, global multi-channel distribution network across the Americas, Africa, Asia Pacific, Europe, and the Middle East.

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    OPEN DEMAT ACCOUNT