Bookbuilding IPO | ₹1,200 Cr | Listed at BSE, NSE | Wed, Dec 13, 2023 - Fri, Dec 15, 2023
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 per share. The lot size for an application is 18. The minimum amount of investment required by an retail is ₹14,220 (18 shares) (based on upper price). 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 Open
Wed, Dec 13, 2023
IPO Close
Fri, Dec 15, 2023
Issue Price
₹790 per share
Market Cap (Pre-IPO)
₹4,793.77 Cr
| IPO Date | 13 to 15 Dec, 2023 |
| Listed on | Wed, Dec 20, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹750 to ₹790 |
| Issue Price | ₹790 per share |
| Lot Size | 18 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹75.00 |
| Total Issue Size | 1,51,96,510 shares (agg. up to ₹1,200 Cr) |
| Fresh Issue | 44,37,018 shares (agg. up to ₹350 Cr) |
| Offer for Sale | 1,07,59,492 shares of ₹10 (agg. up to ₹850 Cr) |
| Share Holding Post Issue | 6,06,80,598 shares |
| BSE Script Code / NSE Symbol | 544045 / DOMS |
| ISIN | INE321T01012 |
DOMS Industries 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 (Ex- Anchor), 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 | Max 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%) |
Investors can bid for a minimum of 18 shares and in multiples thereof.
| 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 |
DOMS Industries IPO raises ₹537.75 crore from anchor investors. DOMS Industries IPO Anchor bid date is December 12, 2023.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Dec 12, 2023 |
| Shares Offered | 68,06,961 |
| Anchor Portion (₹ Cr.) | 537.75 |
| Anchor lock-in period end date for 50% shares (30 Days) | Wed, Jan 17, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Mar 17, 2024 |
| 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 |
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.
| 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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Proposing to part finance the cost of establishing a new manufacturing facility to expand its production capabilities for a wide range of writing instruments, water colour pens, markers and highlighters, at Survey Nos: 153, 154, 155/2, 159, 160, 161, 164, 165, 166, 168, 170, 172, 175, 180, 181, 370 and 391/P1, Village: Dehri, Tal: Umbergaon, District Valsad, 396170, Gujarat, India (“Proposed Project”); and | 453.57 |
| 2 | General corporate purposes. |
| KPI | |
|---|---|
| ROE | 33.54% |
| ROCE | 33.31% |
| Debt/Equity | 0.28 |
| RoNW | 28.39% |
| PAT Margin | 2.51% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 18.29 | |
| P/E (x) | 43.19 | |
| Promoter Holding | 100% | 74.97% |
| Market Cap | ₹4,793.77 Cr. |
The DOMS IPO is subscribed 99.34 times on December 15, 2023 7:02:00 PM (Day 3). The public issue subscribed 73.38 times in the retail category, 122.16 times in the QIB category, and 70.06 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 122.16 | 45,37,975 | 55,43,50,644 |
| NII | 70.06 | 22,68,987 | 15,89,68,098 |
| bNII (bids above ₹10L) | 71.27 | 15,12,658 | 10,78,01,100 |
| sNII (bids below ₹10L) | 67.65 | 7,56,329 | 5,11,66,998 |
| Retail | 73.38 | 15,12,658 | 11,10,05,370 |
| Total | 99.34 | 83,19,620 | 82,64,87,838 |
Total Application : 46,47,457
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs' fees and commissions (including underwriting commission, brokerage and selling commission | 34.92 |
| 2 | Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs (2)(3)(4) | 2.40 |
| 3 | Brokerage and selling commission and bidding/uploading charges for members of the Syndicate (including their sub-Syndicate Members), Registered Brokers, RTAs and CDPs (5) | 1.65 |
| 4 | Fees payable to the Registrar to the Offer | 0.84 |
| 5 | Fees payable to other parties, including but not limited to Statutory Auditors, industry expert and the Chartered Engineer | 4.11 |
| 6 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees | 6.92 |
| 7 | Printing and stationery expenses | 1.71 |
| 8 | Advertising and marketing expenses | 6.05 |
| 9 | Fees payable to legal counsels; and | 3.21 |
| 10 | Miscellaneous | 1.36 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹790.00 | ₹790.00 |
| Open | ₹1,400.00 | ₹1,400.00 |
| Low | ₹1,302.05 | ₹1,302.00 |
| High | ₹1,434.25 | ₹1,434.00 |
| Last Trade | ₹1,330.85 | ₹1,326.05 |
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 Crores. The issue is priced at ₹790 per share. The minimum order quantity is 18.
The IPO opens on Wed, Dec 13, 2023, and closes on Fri, Dec 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 Wed, Dec 13, 2023 and closes on Fri, Dec 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 Tue, Dec 19, 2023. Check the DOMS Industries IPO allotment status.
The DOMS Industries IPO listing date is on Wed, Dec 20, 2023.
