DOMS IPO, DOMS IPO, DOMS IPO subscription status: On Friday (Day 3), DOMS IPO's share sale received bids for 82,64,87,838 shares against 88,37,407 shares on offer. The DOMS IPO is a book-built issue of Rs 1,200 crore. The issue is a combination of a fresh issue of 0.44 crore shares aggregating to Rs 350 crore and an offer for sale (OFS) of 1.08 crore shares aggregating to Rs 850 crore. 

DOMS IPO subscription status

Category Subscription (No. of times the equity reserved)
Qualified institutional buyers  115.97
Non-institutional investors 66.51
Retail investors 69.67
Overall 93.52
Source: Exchange data

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DOMS IPO: Lot Size

The issue has a lot size of 18 shares and multiples of 18 thereafter.

DOMS IPO: Fund Utilisation

The net proceeds of the fresh issue are proposed to be utilised for:

  • 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;
  • General corporate purposes.

What does DOMS Industries do?

Incorporated in 2006, DOMS Industries 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.

DOMS offers well-designed and high-quality stationery and art materials to consumers, which are classified into the following 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.

DOMS Industries IPO opened on December 13. The price band of the offer has been fixed in the range of Rs 750–790 per share. The IPO of the stationery and art product company will be open for subscription for three trading days until December 15.

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