DOMS Industries Limited IPO is set to launch on 13 December, 2023. The company initiated its business operations in the year 2006. It is a stationary and art product company. DOMS Industries specialises in Developing, designing, manufacturing and selling a wide range of stationary and art products under the brand name DOMS. It is present in more than 40 countries. The market share of the company is close to 30% for its core business of mathematical instruments and pencils. The entire product portfolio of the company is divided into 7 segments like fine art products, hobby and craft, office supplies, kits and combos, paper stationery, scholastic art and materials, scholastic stationery. In the South Asian markets it has a tie-up with FILA group for distribution of its products. It has a strong network in Africa, America, Europe, Asia- Pacific and Middle East.
DOMS Industries Limited IPO DETAILS
DOMS Industries Limited IPO is set to launch on 13 December, 2023. The subscription timeline extends till 15 December, 2023. The size for the IPO is 1200 Crore Rs. Shares issued through fresh issue mode are worth Rs 350 Crore. Shares issued through offer for sale mode are worth Rs 850 Crore. The lot size is 18 shares and the price is 750 Rs to 790 Rs per share. The company is going to get listed at both NSE and BSE. The face value per share is Rs.10 and this is a Book Built issue. The registrar for the company is Link Intime India Private Limited.
Tabular Description of DOMS Industries Limited IPO
| IPO OPENING DATE | 13 December, 2023 |
| CLOSING DATE FOR IPO | 15 December, 2023 |
| ISSUE TYPE | Book Built Issue |
| Face Value per share | 10 Rs. per share |
| IPO price band | 750 Rs. to 790 Rs. per share |
| LOT SIZE | 18 shares |
| MINIMUM ORDER QUANTITY | 18 shares |
| ISSUE SIZE | 1200 Crore Rs. |
| OFFER FOR SALE | 850 Crore Rs. |
| FRESH ISSUE | 350 Crore Rs. |
| LISTING AT | NSE, BSE |
| LISTING DATE | 20 December, 2023 |
DOMS Industries Limited IPO : IMPORTANT DATES
| IPO OPENING DATE | 13 December, 2023 |
| CLOSING DATE FOR IPO | 15 December, 2023 |
| IPO ALLOTMENT DATE | 18 December, 2023 |
| REFUNDS | 19 December, 2023 |
| DEMAT A/C CREDITED ON | 19 December, 2023 |
| IPO LISTING DATE | 20 December, 2023 |
DOMS Industries Limited IPO begins for subscription from 13 December, 2023. The IPO subscription would continue till 15 December, 2023. The allotment status for the shareholders who applied would come on 18 December, 2023. The refunds for the ones who did not get allotment would be initiated on 19 December, 2023. The DEMAT accounts of shareholders would be credited on 19 December, 2023. The listing of the company would be completed on 20 December, 2023.
DOMS Industries Limited IPO : Lead Managers
The lead managers are :
- BNP Paribas
- ICICI Securities Limited
- JM Financial Limited
- IIFL Securities Limited
The minimum lot size for the company is decided at 18 shares. This holding accounts to 14220 Rs.. The maximum lot size is decided at 252 shares. This amounts to 199080 Rs.. Hence the company’s final holdings would be set as :
| Shares | Amount | |
| Minimum | 18 shares | 14220 Rs. |
| Maximum | 252 shares | 199080 Rs. |
OBJECTIVES FOR THE IPO
- IPO proceeds would be used for general corporate purposes.
- The company will use the IPO money for further working capital requirements.
COMPANY FINANCIALS
| Particularly (in Crore Rs.) | 2020-21 | 2021-22 | 2022-23 |
| ASSETS | 457 | 497 | 639 |
| Revenue | 408 | 686 | 1216 |
| PAT | (-6.03) | 17 | 102 |
DOMS Industries Limited had an asset base of 457 Crore Rs in 2021 which increased to 497 Crore Rs in 2022 and 639 Crore Rs in 2023. The revenue of the company was 408 Crore Rs in 2021, 686 Crore Rs in 2022 and 1216 Crore Rs in 2023. The company suffered a loss of 6 Crore Rs in 2021. However in 2022 it earned a profit of 17 Crore Rs and the 2023 profit was 102 Crore Rs.
PROS
- DOMS Industries specialises in Developing, designing, manufacturing and selling a wide range of stationary and art products under the brand name DOMS. It is present in more than 40 countries.
- The market share of the company is close to 30% for its core business of mathematical instruments and pencils.
- The entire product portfolio of the company is divided into 7 segments like fine art products, hobby and craft, office supplies, kits and combos, paper stationery, scholastic art and materials, scholastic stationery.
- In the South Asian markets it has a tie-up with FILA group for distribution of its products.
- It has a strong network in Africa, America, Europe, Asia- Pacific and Middle East.
CONS
- The company works in a highly competitive segment.
DOMS Industries Limited IPO Application Process with Zerodha
It is very easy to apply for an IPO now if you have a DEMAT account with Zerodha. Follow the steps below for the same :
- Logging into Zerodha console through its website or KITE platform. Clicking the IPO section present in the ORDER tab.
- Click the DOMS Industries Limited IPO button and press the BID button.
- Entering the details asked for like UPI ID, Quantity and price.
- Submit the application form for the IPO.
- Visiting the application of UPI for approving the transaction.
Now, applying for an IPO online is possible with most of the Discount and online brokers.
