DOMS IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The DOMS IPO is going to open soon. So I will give you complete information about DOMS IPO here on IPO India.

On this article I will inform you about DOMS IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About DOMS

DOMS Industries Limited (DIL) (stylized as DOMS) is an Indian stationery and art materials manufacturing company, headquartered in Valsad, Gujarat. It is also one of the largest stationery manufacturers in India with a wide range of products including wooden pencils, color and polymer pencils, mathematical and drawing instruments, wax crayons and oil pastels, stationery kits and combos, office supplies, hobby and craft supplies. , and fine art products. It works under the multinational Italian company Fila Group. Dom works in making pencils, fine art products.[

DOMS IPO GMP

About DOMS IPO

Here is some information about DOMS IPO which will help you in making a decision to invest in DOMS IPO. It appears to be a book-built offer with a total value of Rs ₹1,200 crore, including combination of fresh issue of 0.44 crore shares aggregating to Rs 350.00 crores and offer for sale of 1.08 crore shares aggregating to Rs 850.00 crores.

Summary of the key details

• Issue Size: Rs 1,200 crores.
• Offer for Sale: 1.08 Crore shares.
• Subscription Period: December 13, 2023, to December 15, 2023.
• Allotment Date: Expected on Monday, December 18, 2023.
• Listing Date: Tentatively scheduled for Wednesday, December 20, 2023, on BSE, NSE

Price Range of DOMS IPO

• ₹750 to ₹790 per share

Lot Size of DOMS IPO

• Minimum Lot: 14 Shares.
• Minimum Investment for Retail Investors: ₹14,220

Minimum Lot Size Investments for DOMS IPO

• sNII: 15 lots (270 shares), amounting to ₹213,300
• bNII: 71 lots (1,278 shares), amounting to ₹ ₹1,009,620

This information provides potential investors with the details they need to participate in the DOMS IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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Valuations of DOMS IPO

DOMS Limited Financial Information

Promoter(s)

Company Promotor(s):-

1. Santosh Rasiklal Raveshia
2. Sanjay Mansukhlal Rajani
3. Ketan Mansukhlal Rajani
4. Chandni Vijay Somaiya
5. Fabbrica Italiana Lapic ed Affini S.p.A

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

Issue Objective(s)

• Proposing to 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 purpose.

DOMS IPO Registrar

DOMS IPO Review

As an investor, evaluating a DOMS IPO requires a thorough understanding of the company, its financials and broader market dynamics. Here is a brief review to help potential investors make an informed decision:

Company Overview:
DOMS Industries Limited, operating in the stationery and art materials sector, has positioned itself as a leading player in the Indian market. With a diverse product range including pencils, fine art products and stationery kits, DOMS operates under the umbrella of the multinational Italian company Fila Group. The company’s strong industry presence and tie-up with global entities make it an interesting prospect.

IPO Details:
The IPO with a total value of ₹1,200 crore includes a new issue of ₹350 crore and an offer for sale of ₹850 crore. The subscription period runs from December 13, 2023 to December 15, 2023. The date of allotment is expected on December 18, 2023 and the provisional listing date on BSE and NSE is December 20, 2023.

Financial Snapshot:
DOMS has shown positive financial indicators with consistent revenue growth. Earnings per share (EPS) is ₹18.29, indicating a healthy financial performance. The company’s plan to set up a new manufacturing facility is in line with its growth strategy.

Key Performance Indicators:
With a return on equity (ROE) of 33.54% and a debt/equity ratio of 0.28, DOMS appears to be managing its finances efficiently. Debt levels are relatively low, indicating a favorable balance.

Using Activities:
The proceeds of the IPO are intended to finance the establishment of new manufacturing facilities, expansion of production capacity for writing instruments and other products. This strategic move is aligned with the company’s growth objectives, potentially increasing its market share.

Conclusion

The DOMS IPO presents an interesting opportunity for investors seeking exposure to the stationery and art materials sector. The company’s strong financial performance, tie-up with Phila Group and strategic use of IPO proceeds for expansion contribute to its appeal. However, as with any investment, potential risks and market conditions should be fully evaluated.

Investors considering a DOMS IPO should conduct due diligence, analyze risk factors and assess their own investment objectives. While an IPO shows promise, market conditions can affect the performance of any offering. It is advisable to consult financial professionals and stay updated on market trends before taking investment decisions. Remember, informed decisions pave the way for successful investing.

DOMS IPO FAQs