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DOMS Industries IPO: Check Latest GMP, Allotment Date, Listing Date And Other Details
DOMS Industries Limited, a leading player in the stationery and art products sector, has announced the opening of its Initial Public Offering (IPO) on December 13, 2023. The IPO, valued at Rs 1,200.00 crores, comprises a mix of a fresh issue and an offer for sale.
DOMS Industries IPO (Image Source: iStockphoto, TN Digital)
DOMS Industries IPO: DOMS Industries Limited, a leading player in the stationery and art products sector, has announced the opening of its Initial Public Offering (IPO) on December 13, 2023. The IPO, valued at Rs 1,200.00 crores, comprises a mix of a fresh issue and an offer for sale. The fresh issue involves 0.44 crore shares, amounting to Rs 350.00 crores, while the offer for sale consists of 1.08 crore shares totaling Rs 850.00 crores.
DOMS Industries IPO Subscription Dates
The subscription period for the DOMS IPO will run until December 15, 2023, with the allotment expected to be finalized by December 18, 2023.
DOMS Industries IPO Listing Date
The company is set to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), with a tentative listing date of December 20, 2023.
DOMS Industries IPO Price Band
The price range for the IPO is set at Rs 750 to Rs 790 per share. Retail investors are required to invest a minimum of Rs 14,220 for 18 shares, which is the set minimum lot size. For small Non-Institutional Investors (sNII), the minimum investment is 15 lots (270 shares), amounting to Rs 213,300, and for big Non-Institutional Investors (bNII), it is 71 lots (1,278 shares), totaling Rs 1,009,620.
DOMS Industries IPO GMP
According to websites that track unlisted market activities, DOMS IPO GMP, was in the range of Rs 470-480
Jm Financial Limited, Bnp Paribas, ICICI Securities Limited, and Iifl Securities Ltd are acting as the book running lead managers for the DOMS IPO, with Link Intime India Private Ltd appointed as the registrar.
The funds raised from the IPO are earmarked to partially finance the establishment of a new manufacturing facility, aimed at expanding the company's production capabilities. This expansion will include a wide range of writing instruments, watercolor pens, markers, and highlighters, in addition to catering to general corporate purposes.
Established in 2006, DOMS Industries Limited has gained prominence in the global market, with a presence in over 40 countries as of March 31, 2023. The company specialises in designing, developing, manufacturing, and selling a diverse array of stationery and art products, primarily under its flagship brand, DOMS.
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