DOMS Industries will open for subscription on December 13. The issue closes on December 15.
The company's shares are expected to get listed on both the exchanges. Here are 10 things to know about the offer.
What is the business overview of DOMS Industries? Doms Industries designs, develops, manufactures, and sells a wide range of 'stationery and art' products, primarily under its flagship brand 'Doms', in the domestic market as well as in over 40 countries internationally. Its core products such as pencils and mathematical instrument boxes enjoy high market shares — 29% and 30% by value in FY23 respectively
What is the industry overview of DOMS Industries? The Indian stationery and art materials market has exhibited continuous growth over the years with an estimated size of Rs 38,500 crore by value as of FY23. The market is expected to grow at a CAGR of 13% during FY 23-28 period to reach a market value of Rs 71,600 crore by FY28.
What is the size of DOMS Industries IPO? The IPO comprises fresh equity issue worth Rs 350 crore along with an offer for sale (OFS) of Rs 850 crore.
Who are the selling shareholders under OFS? Under the OFS, promoters Fabbrica Italiana Lapis, Sanjay Mansukhal Rajani and Keta Mansukhal Rajani will offload shares.
What is the price band for DOMS Industries IPO? The price band of this public issue is fixed at Rs 750-790, and at the upper end, the company plans to raise Rs 1,200 crore. Investors can bid for 18 shares in 1 lot and in multiples thereafter.
What is the structure of DOMS Industries IPO? The offer is being made through the book building process, where 75% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors and 10% for retail investors.
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