DOMS IPO Listing Highlights: Stellar debut for DOMS, lists at 77% premium over IPO price
DOMS IPO Listing Highlights, DOMS IPO Share Price NSE, BSE: Shares of DOMS Industries made a stellar debut on the bourses on Wednesday i.e. on December 20 as the affordable housing finance company was listed at Rs 1400 a premium of 77.20 per cent, over its issue price of Rs 790 on the BSE.
The IPO received a good response from investors and therefore it is expected to make a strong debut. Zee Business Managing Editor Anil Singhvi had advised investors to subscribe to the IPO for strong listing gains.
The initial share sale of pencil maker DOMS Industries had received 93.40 times the subscription on the final day of bidding.
Follow Zee Business' LIVE BLOG for all the highlights on the listing of DOMS Industries:
DOMS IPO Listing Highlights, DOMS IPO Share Price NSE, BSE: Shares of DOMS Industries made a stellar debut on the bourses on Wednesday i.e. on December 20 as the affordable housing finance company was listed at Rs 1400 a premium of 77.20 per cent, over its issue price of Rs 790 on the BSE.
The IPO received a good response from investors and therefore it is expected to make a strong debut. Zee Business Managing Editor Anil Singhvi had advised investors to subscribe to the IPO for strong listing gains.
The initial share sale of pencil maker DOMS Industries had received 93.40 times the subscription on the final day of bidding.
Follow Zee Business' LIVE BLOG for all the highlights on the listing of DOMS Industries:
Latest Updates
DOMS IPO Listing LIVE News Updates: DOMS present in market through 7 categories
According to Santosh Raveshia, Managing Director, DOMS, the company is present in the market through seven categories and all of them have a lot of growth opportunities.
DOMS IPO Listing LIVE News Updates: Shares hit high of Rs 1,434.25
Shares of DOMS Industries went on to hit a high of Rs 1,434.25 after being listed at a premium of over 77 per cent on the BSE.
DOMS IPO Listing LIVE News Updates: Stellar debut for DOMS, list at 77% premium
Doms Industries makes a strong debut on bourses today as shares list at Rs 1,400 on the BSE against the issue price of Rs 790.
DOMS IPO Listing LIVE News Updates: Shares settle at Rs 1,400
Doms Industries IPO to make strong debut, shares settle at Rs 1,400 on the BSE against the issue price of Rs 790.
DOMS IPO Listing LIVE News Updates: Who were the managers to the offer
JM Financial, BNP Paribas, ICICI Securities Ltd and IIFL Securities were the managers to the offer.
DOMS IPO Listing LIVE News Updates: What does the company do?
DOMS Industries designs, develops, produces, and markets a broad variety of stationery and art products.
DOMS IPO Listing LIVE News Updates: Funds will be used to set up new manufacturing facility
Funds raised through the fresh issue would be used for setting up a new manufacturing facility to expand the company's production capabilities for a range of writing instruments, watercolour pens, markers and highlighters as well as for general corporate purposes.
DOMS IPO Listing LIVE News Updates: Anil Singhvi suggests stoploss
Zee Business Managing Editor Anil Singhvi said that investors should keep a strict stoploss of Rs 1,225.
DOMS IPO Listing LIVE News Updates: Anil Singhvi's view on DOMS IPO
Zee Business Managing Editor Anil Singhvi on Wednesday said that the listing of DOMS Industries is expected at around Rs 1,224 - 1,300.
DOMS IPO Listing LIVE News Updates: Raised Rs 538 crore from anchor investors
Ahead of the listing of shares on the bourses, DOMS Industries raised Rs 538 crore from anchor investors.
DOMS IPO Listing LIVE News Updates: Received good response from investors
The IPO of DOMS Industries got fully subscribed within hours of opening for bidding on Wednesday and finally ended the day with 5.71 times subscription.
DOMS IPO Listing LIVE News Updates: Price range of Rs 750-790
The price range for the DOMS Industries IPO was Rs 750-790 a share.
DOMS IPO Listing LIVE News Updates: IPO had OFS of Rs 850 crore
The category for non-institutional investors attracted 66.47 times subscriptions. The IPO had a fresh issue of up to Rs 350 crore and an offer for sale of Rs 850 crore.
DOMS IPO Listing LIVE News Updates: Portion of QIBs got subscribed 115.97 times
The portion for Qualified Institutional Buyers (QIBs) got subscribed over 115.97 times. On the other hand, the quota for Retail Individual Investors (RIIs) received 69.10 times subscription.
DOMS IPO Listing LIVE News Updates: IPO received bids for 82,54,54,404
The Rs 1,200 crore Initial Public Offer (IPO) received bids for 82,54,54,404 shares against 88,37,407 shares on offer, according to data available with the NSE.