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DOMS Industries IPO is a book build issue of ₹1,200.00 crores. The issue is a combination of fresh issue of 0.44 crore shares aggregating to ₹350.37 crores and offer for sale of 1.08 crore shares aggregating to ₹849.63 crores.
DOMS Industries IPO bidding started from Dec 13, 2023 and ended on Dec 15, 2023. The allotment for DOMS Industries IPO was finalized on Dec 18, 2023. The shares got listed on BSE, NSE on Dec 20, 2023.
DOMS Industries IPO price band is set at ₹790.00 per share . The lot size for an application is 18. The minimum amount of investment required by an retail is ₹13,500 (18 shares). The lot size investment for sNII is 15 lots (270 shares), amounting to ₹2,13,300, and for bNII, it is 71 lots (1,278 shares), amounting to ₹10,09,620.
The issue includes a reservation of up to 69,930 shares for employees offered at a discount of ₹75.00 to the issue price.
JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to DOMS Industries IPO RHP for detailed Information.
| IPO Date | December 13, 2023 to December 15, 2023 |
| Listing Date | December 20, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹750 to ₹790 per share |
| Issue Price Final | ₹790 per share |
| Lot Size | 18 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 1,51,96,510 shares (aggregating up to ₹1,200.00 Cr) |
| Fresh Issue | 44,37,018 shares (aggregating up to ₹350.37 Cr) |
| Offer for Sale | 1,07,59,492 shares of ₹10 (aggregating up to ₹849.63 Cr) |
| Employee Discount | ₹75.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Post Issue | 6,06,80,598 shares |
DOMS IPO offers total 1,51,96,510 shares. Out of which 1,13,44,935 (74.65%) allocated to QIB, 45,37,974 (29.86%) allocated to QIB, 22,68,987 (14.93%) allocated to NII, 15,12,658 (9.95%) allocated to RII and 68,06,961 (44.79%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,13,44,935 (74.65%) | NA |
| − Anchor Investor Shares Offered | 68,06,961 (44.79%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 45,37,974 (29.86%) | NA |
| NII (HNI) Shares Offered | 22,68,987 (14.93%) | NA |
| − bNII > ₹10L | 15,12,658 (9.95%) | 5,602 |
| − sNII < ₹10L | 7,56,329 (4.98%) | 2,801 |
| Retail Shares Offered | 15,12,658 (9.95%) | 84,036 |
| Employee Shares Offered | 69,930 (0.46%) | NA |
| Total Shares Offered | 1,51,96,510 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
DOMS Industries IPO raises ₹537.75 crore from anchor investors. DOMS Industries IPO Anchor bid date is December 12, 2023. DOMS Industries IPO Anchor Investors list
| Bid Date | December 12, 2023 |
| Shares Offered | 68,06,961 |
| Anchor Portion Size (In Cr.) | 537.75 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 17, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 17, 2024 |
DOMS Industries IPO opens on December 13, 2023, and closes on December 15, 2023.
| IPO Open Date | Wed, Dec 13, 2023 |
| IPO Close Date | Fri, Dec 15, 2023 |
| Tentative Allotment | Mon, Dec 18, 2023 |
| Initiation of Refunds | Tue, Dec 19, 2023 |
| Credit of Shares to Demat | Tue, Dec 19, 2023 |
| Tentative Listing Date | Wed, Dec 20, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 15, 2023 |
Investors can bid for a minimum of 18 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | ₹14,220 |
| Retail (Max) | 14 | 252 | ₹1,99,080 |
| S-HNI (Min) | 15 | 270 | ₹2,13,300 |
| S-HNI (Max) | 70 | 1,260 | ₹9,95,400 |
| B-HNI (Min) | 71 | 1,278 | ₹10,09,620 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 along with other brand/sub-brands including C3, Amariz, and Fixyfix.
The company offers 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 September 30, 2023, the company has a strong, global multi-channel distribution network in over 45 countries in the USA, Africa, Asia Pacific, Europe, and the Middle East.
The company operates 13 manufacturing facilities in Umbergaon, Gujarat, and one manufacturing facility in Bari Brahma, in Jammu and Kashmir. As of September 30, 2023, DOMS Industries employs 50 personnel as part of their R&D and designing team. As of September 30, 2023, DOMS Industries employs 50 personnel as part of their R&D and designing team.
In Fiscals 2021, 2022, and 2023, and the six months ended September 30, 2023, the company has sold an aggregate of 1.48 billion units, 3.06 billion units, 3.93 billion units, and 2.2 billion units of products across its product categories, respectively.
The company achieved Gross Product Sales of ₹4,130.45 million, ₹6,930.95 million, ₹12,317.34 million, and ₹7,768.39 million respectively.
DOMS Industries Limited's revenue increased by 77.28% and profit after tax (PAT) rose by 500.18% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 829.46 | 639.78 | 497.46 | 457.52 |
| Total Income | 764.22 | 1,216.52 | 686.23 | 408.79 |
| Profit After Tax | 73.91 | 102.87 | 17.14 | -6.03 |
| Net Worth | 397.61 | 337.43 | 247.25 | 233.61 |
| Reserves and Surplus | 341.36 | 337.06 | 246.87 | 233.24 |
| Total Borrowing | 176.38 | 100.07 | 84.90 | 97.27 |
| Amount in ₹ Crore | ||||
The market capitalization of DOMS Industries IPO is ₹4793.77 Cr.
| KPI | Values |
|---|---|
| ROE | 33.54% |
| ROCE | 33.31% |
| Debt/Equity | 0.28 |
| RoNW | 28.39% |
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.
[Dilip Davda] DIL is the fastest growing 2nd largest leader in stationary and related material products. It has marked tremendous growth since FY23 and that indicates its prospects going forward. It is on an expansion spree to enhance its product range as well as capacity to meet the rising demand. Based on FY24 earnings, the issue appears fully priced. Investors may consider parking of funds for the medium to long term in this emerging leader in the segment. Read detail review...
| Listing Date | December 20, 2023 |
| BSE Script Code | 544045 |
| NSE Symbol | DOMS |
| ISIN | INE321T01012 |
| Final Issue Price | ₹790 per share |
| BSE Listing Group | B |
DOMS Industries Ltd.
J-19, G.I.D.C,
Opp. Telephone Exchange
Umbergaon – 396 171, Dist. Valsad,
Valsad, Gujarat
Phone: +91 74348 88445
Email: ir@domsindia.com
Website: https://domsindia.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: domsind.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
DOMS Industries IPO is a main-board IPO of 1,51,96,510 equity shares of the face value of ₹10 aggregating up to ₹1,200.00 Crores. The issue is priced at ₹790 per share. The minimum order quantity is 18.
The IPO opens on December 13, 2023, and closes on December 15, 2023.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in DOMS Industries IPO using UPI as a payment gateway. Zerodha customers can apply in DOMS Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in DOMS Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The DOMS Industries IPO opens on December 13, 2023 and closes on December 15, 2023.
DOMS Industries IPO lot size is 18, and the minimum amount required for application is ₹14,220.
You can apply in DOMS Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for DOMS Industries IPO will be done on Monday, December 18, 2023, and the allotted shares will be credited to your demat account by Tuesday, December 19, 2023. Check the DOMS Industries IPO allotment status.
The DOMS Industries IPO listing date is on Wednesday, December 20, 2023.
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