According to market sources, DOMS shares are fetching a premium of Rs 525 in the grey market. The price band of the public issue is fixed at Rs 750-790, and at the upper end, the company plans to raise Rs 1,200 crore.
DOMS IPO comprises fresh equity issue worth Rs 350 crore along with an offer for sale (OFS) of Rs 850 crore. Under the OFS, promoters Fabbrica Italiana Lapis, Sanjay Mansukhal Rajani and Keta Mansukhal Rajani will offload shares.
Unlisted shares of DOMS Industries are trading Rs 500 higher in the grey market, suggesting a 63.29 per cent listing gain from the public issue, DOMS Industries IPO Day 2, Check Subscription Status, GMP Today