DOMS Industries Limited IPO Detail
Incorporated in 2006, DOMS Industries Limited is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products under the flagship brand, DOMS. As of March 31, 2023, the company has marked its presence in over 40 countries. The company held 29% and 30% market share, respectively, in Fiscal 2023 for its core products for pencils and mathematical instrument boxes.
The company offers well-designed and high-quality stationery and art materials to consumers, which are classified into seven categories: (i) scholastic stationery; (ii) scholastic art materials; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products.
The company has an exclusive tie-up with certain entities of the FILA Group for the distribution and marketing of their products in South Asia.
As of March 31, 2023, the company has a strong, global multi-channel distribution network across the Americas, Africa, Asia Pacific, Europe, and the Middle East.
Company Promoters
Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani Chandni Vijay Somaiya and Fabbrica Italiana Lapis ed Affini S.p.AIPO Details
| IPO Opening Date | Dec 13, 2023 |
| IPO Closing Date | Dec 15, 2023 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹750 - 790 per equity share |
| Market Lot | 18 Shares |
| Min Order Quantity | 18 Shares |
| Listing At | BSE, NSE |
| Issue Size | ₹1,200 Cr |
| Fresh Issue | ₹350 Cr |
| Offer for Sale | ₹850 Cr |
| Retail Portion | 10% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.05x | - | - | 6.79x | 18.87x | 5.39x |
IPO Tentative Timetable
The DOMS Industries Limited IPO open date is Dec 13, 2023, and the close date is Dec 15, 2023. The issue may list on Dec 20, 2023.
| IPO Open Date | Dec 13, 2023 |
| IPO Close Date | Dec 15, 2023 |
| Basis of Allotment Date | Dec 18, 2023 |
| Initiation of Refunds | Dec 19, 2023 |
| Credit of Shares to Demat Account | Dec 19, 2023 |
| IPO Listing Date | Dec 20, 2023 |
IPO Lot Size
The DOMS Industries Limited IPO market lot size is 18 shares. A retail-individual investor can apply for up to 13 lots (234 shares or ₹184860).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 18 | ₹14220 |
| Maximum | 13 | 234 | ₹184860 |
IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 92.70% |
Company Financials:
For the year/period ended (₹ in Cr.)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 457.52 | 408.79 | -6.03 |
| 31-Mar-22 | 497.46 | 686.23 | 17.14 |
| 31-Mar-23 | 639.78 | 1216.52 | 102.87 |
| 30-Sep-23 | 829.46 | 764.22 | 73.91 |
Objects of the Issue:
The net proceeds of the Fresh Issue, i.e., gross proceeds of the Fresh Issue less the offer expenses apportioned to the Company ("Net Proceeds") are proposed to be utilised in the following manner:
1. 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.
2. General corporate purposes.
DOMS Industries Limited IPO Registrar:
Link Intime India Private Ltd
DOMS Industries Limited IPO Lead Manager(s):
Jm Financial Limited Bnp Paribas ICICI Securities Limited Iifl Securities Ltd
Company Contact Information:
DOMS Industries Limited
J-19, G.I.D.C,
Opp. Telephone Exchange
Umbergaon – 396 171, Dist. Valsad,
