DOMS Industries Limited is poised to launch its IPO, scheduled to be open for subscription from December 13th to December 15th, 2023. The company specializes in the development, manufacturing, and sale of stationery and art products. This IPO comprises a fresh issue of 4,430,380 shares valued at Rs. 350 crore alongside an Offer-for-Sale (OFS) of 10,759,493 shares totaling Rs. 850 crore. With an IPO size of Rs. 1,200 crore, the share allotment date is set for December 18th, followed by listing on the stock exchanges on December 20th. The price band for this offering ranges from Rs. 750 to Rs. 790 per share, with a lot size of 18 shares.
Managing this IPO are JM Financial Limited, BNP Paribas, ICICI Securities Limited, and IIFL Securities Limited, acting as the book-running lead managers. Overseeing the process as the registrar is Link Intime India Private Limited.
Founded in 2006, DOMS Industries Limited stands as a prominent player in the stationery and art product sector. Their core focus revolves around the conception, development, production, and commercialization of a diverse array of stationery and art items. These offerings, prominently showcased under their flagship brand DOMS, encompass other notable brand subsidiaries like C3, Amariz, and Fixyfix.
Their product line spans across seven distinct categories catering to various consumer needs. These categories include scholastic stationery, scholastic art materials, paper stationery, kits and combos, office supplies, hobby and craft materials, and fine art products.
Notably, the company holds exclusive partnerships with select entities within the FILA Group, facilitating the distribution and marketing of their merchandise across South Asia.
As of September 30, 2023, DOMS Industries Limited has solidified its presence globally through a robust, multi-faceted distribution network spanning over 45 countries. Their footprint extends across key regions like the USA, Africa, Asia Pacific, Europe, and the Middle East, showcasing their extensive reach and influence in the industry.
DOMS Industries Limited is gearing up for its IPO scheduled to be available for subscription from December 13th to December 15th, 2023. Allocation of shares is set for December 18th, 2023, with the IPO slated for listing on the stock exchanges on December 20th.
| IPO Open Date | 13th December 2023 (Wednesday) |
| IPO Close Date | 15th December 2023 (Friday) |
| Allotment Date | 18th December 2023 (Monday) |
| Initiation of Refunds | 19th December 2023 (Tuesday) |
| Credit to Demat Account | 19th December 2023 (Tuesday) |
| Listing Date | 20th December 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 15th December 2023 (Friday) |
| IPO Date | 13th to 15th December 2023 |
| Listing Date | 20th December 2023 |
| Face Value | Rs. 10 per share |
| Price Band | Rs. 750 to Rs. 790 per share |
| Lot Size | 18 Shares |
| Total Issue Size | 15,189,873 shares (aggregating up to Rs. 1,200.00 Cr) |
| Fresh Issue | 4,430,380 shares (aggregating up to Rs. 350.00 Cr) |
| Offer for Sale | 10,759,493 shares of Rs. 10 (aggregating up to Rs. 850.00 Cr) |
| Employee Discount | Rs 75 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE and BSE |
| Share holding pre issue | 56,250,218 |
| Share holding post issue | 60,680,598 |
Between the financial years ending on March 31, 2023, and March 31, 2022, DOMS Industries Limited witnessed a remarkable upsurge in its financial performance. The company's revenue surged impressively by 77.28%, showcasing substantial growth within a year. Furthermore, the profit after tax (PAT) demonstrated an exceptional increase of 500.18% during the same period, underscoring a significant leap in profitability. This exponential growth in both revenue and profit reflects the company's strategic initiatives and operational effectiveness, positioning DOMS Industries as a thriving entity in its industry.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 829.46 | 639.78 | 497.46 | 457.52 |
| Revenue | 764.22 | 1,216.52 | 686.23 | 408.79 |
| Profit After Tax | 73.91 | 102.87 | 17.14 | -6.03 |
| Net Worth | 397.61 | 337.43 | 247.25 | 233.61 |
| Reserves and Surplus | 341.36 | 337.06 | 246.87 | 233.24 |
| Total Borrowing | 176.38 | 100.07 | 84.90 | 97.27 |
| Amount in Rs. Crore | ||||
What is DOMS Industries IPO?
DOMS IPO constitutes a main-board offering, comprising 15,189,873 equity shares valued at Rs. 10 each, totaling Rs. 1,200.00 Crores. Priced in the range of Rs. 750 to Rs. 790 per share, the minimum order quantity stands at 18 shares. Scheduled to commence on December 13, 2023, the IPO is set to conclude its subscription phase on December 15, 2023.
When DOMS Industries IPO will open for apply?
The DOMS Industries IPO is scheduled to open for application on December 13, 2023.
What are the minimum lot size and investment needed for participating in the DOMS Industries IPO?
The DOMS Industries IPO mandates a minimum lot size of 18 shares, necessitating an investment totaling Rs. 13,500.
When is DOMS Industries IPO allotment date?
The allotment date for the DOMS Industries IPO is expected to be finalized on Monday, December 18, 2023.
What is the DOMS Industries IPO listing date?
The DOMS Industries IPO is anticipated to be listed on the NSE and BSE platform with a tentative listing date set for Wednesday, December 20, 2023.
What is the price band of DOMS Industries IPO?
The price band for the DOMS Industries IPO is set between Rs. 750 to Rs. 790 per share.
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