DOMS Industries Limited IPO Overview
Basic information about the company: In the vibrant realm of stationery and art products, DOMS Industries Limited has carved its niche as a powerhouse since its inception in 2006. This dynamic company is not just about pencils and mathematical instrument boxes; it's a testament to innovation and quality.
Global Footprint and Market Dominance
As of March 31, 2023, DOMS Industries Limited has proudly spread its wings across 40 countries, holding a commendable 29% and 30% market share in Fiscal 2023 for its core products. The success echoes its commitment to delivering excellence in every stroke. Diving into the heart of DOMS, the company unfolds its diverse offerings categorized into seven segments:
Scholastic Stationery: Tools tailored for educational brilliance.
Scholastic Art Materials: Nurturing creativity in scholastic pursuits.
Paper Stationery: Elevating the written word on quality paper.
Kits and Combos: Innovative packages for a holistic experience.
Office Supplies: Meeting professional demands with finesse.
Hobby and Craft: Unleashing the artist within.
Fine Art Products: Elevating art to a sublime level.
DOMS IPO Objectives
1. Fueling Growth through Expansion:
The net proceeds of the Fresh Issue, after considering offer expenses, are earmarked to fuel the expansion journey. A new manufacturing facility is on the horizon, geared to enhance production capabilities for writing instruments, watercolour pens, markers, and highlighters.
2. General Corporate Prowess
Beyond expansion, the IPO's net proceeds are designated for general corporate purposes. DOMS Industries Limited is poised not just for growth but for sustained excellence. DOMS IPO Promoter Holding
The brains behind this creative juggernaut are Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani, Chandni Vijay Somaiya, and Fabbrica Italiana Lapis ed Affini S.p.A. Their commitment reflects in the shareholding dynamics: pre-issue at 100%, post-issue at 74.97%. DOMS IPO: Key Details
IPO Dates: 13 to 15 Dec 2023
Price Band: ₹750 to ₹790 per share
Lot Size: 18 Shares
Issue Size: ₹1,200 Crs
Retail Quota: 10% GMP: +50% (Only for information) 📌Link for checking Allotment status: https://linkintime.co.in/mipo/ipoallotment.html Join our WhatsApp Group for Trading/Investment ideas & Market Updates👇
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