Doms Industries IPO | The IPO is a mix of a fresh issuance of shares worth Rs 350 crore by the company, and an offer-for-sale (OFS) of Rs 850 crore worth of shares by existing shareholders.
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
The price band for the Rs 1,200-crore offer has not been announced yet. Despite this, the company s shares are trading with a premium of Rs 330 in the grey market. The GMP has more than doubled in the last two days, indicating strong investor interest in the public offer.
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.