DOMS Industries was incorporated on October 24, 2006. The company specializes in designing, developing, manufacturing, and selling a wide range of stationery and art products, primarily under its flagship brand 'DOMS,' both in the domestic market and in more than 45 countries internationally, as of September 30, 2023.
| Bidding Dates |
|---|
| 13 Dec 2023 - 15 Dec 2023 |
| Subscription |
|---|
| 93.52x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹13,500 | 1 | 14 | 18 | 15.2 M | ₹750 - ₹790 | 74.97 % | ₹11392.4 M - ₹12000.0 M | RHP DOC |
DOMS Industries IPO SUBSCRIPTION STATUS
15 Dec '23DOMS Industries IPO overall subscription rate was 93.52 times the total available shares
DOMS Industries IPO retail subscription rate was 69.67 times in the retail segment
DOMS Industries IPO non-institutional investor subscription rate was 66.51 times in the non-institutional investor category
DOMS Industries IPO Qualified Institutional Bidder subscription rate was 115.97 times the available shares for Qualified Institutional Bidder
DOMS Industries IPO Employees subscription rate was 29.21 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 10% | 15% | 75% | - |
15 Dec 2023 (Day 3) | 69.67x | 66.51x | 115.97x | 29.21x |
14 Dec 2023 (Day 2) | 41.07x | 25.77x | 1.18x | 17.78x |
13 Dec 2023 (Day 1) | 19.17x | 7.96x | 0.06x | 9.27x |
DOMS Industries FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY24 | 739.1 | 7,618.0 | 1,081.2 | 447.1 | 16.7% |
| FY23 | 1,028.7 | 12,118.9 | 1,732.6 | 378.2 | 15.4% |
| FY22 | 171.4 | 6,836.0 | 509.4 | 162.9 | 10.2% |
| FY21 | -60.3 | 4,028.2 | 152.1 | -11.9 | 7.5% |
DOMS Industries IPO SUBSCRIPTION STATUS DETAILS
DOMS Industries had 15.2 M shares on offer
DOMS Industries IPO offer price was in the range ₹750 - ₹790
DOMS Industries IPO minimum Investment was ₹13500
DOMS Industries IPO issue size was ₹ 11392.4 M - ₹ 12000.0 M
DOMS Industries had a minimum lot size of 18 Shares per application
DOMS Industries NUMBER OF SHARES ON OFFER
DOMS Industries IPO IMPORTANT DATES
| Issue Open Date | 13 Dec 2023 |
| Issue close Date | 15 Dec 2023 |
| Allotment Date | 18 Dec 2023 |
| Refund Date | 19 Dec 2023 |
| Demat Account Credit Date | 19 Dec 2023 |
| Listing Date | 20 Dec 2023 |
| Listing on Exchange(s) | NSE and BSE |
| DOMS Industries Allotment Status | Exchange |
DOMS Industries IPO subscription opened on 13 Dec 2023, and closed on 15 Dec 2023
IPO allotment for DOMS Industries was finalized on Monday, 18 Dec 2023
IPO listing for DOMS Industries was on NSE and BSE on Wednesday, 20 Dec 2023
DOMS Industries IPO LISTING GAINS
| Issue Price (adjusted) | 790.0 |
| Listing Open Price | 1400.0 |
| Listing Close Price | 1326.0 |
| Listing Gain% | 77.2% |
| Current Gain% | 183.3% |
DOMS Industries Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOMS Industries Ltd. | 2237.9 | 13579.7 | 62.5 | 13.5 | 5.6 | 18.9 | 13.4 | 2344.9 | 21.2 | 230.2 | 13.8 | 35.8 | 4.6 |
| Flair Writing Industries Ltd | 251.1 | 2646.5 | 18.9 | 1.1 | 2.1 | 12.2 | 10.2 | 1270.9 | 15.1 | 139.8 | 16.9 | 13.3 | 16.9 |
| Kokuyo Camlin Ltd. | 82.8 | 830 | 37.7 | 0 | 1 | 7.7 | 5.3 | 806.5 | 5.7 | 24.8 | 325 | 2.2 | 6412.7 |
| Linc Ltd. | 99.8 | 594 | 18.9 | -1.3 | 1.1 | 12.7 | 9.1 | 551.3 | 0.6 | 32.7 | -13.9 | 5.3 | -14.1 |
| Creative Graphics Solutions India Ltd. | 150 | 364.3 | 19.4 | 14.9 | 6.7 | 348.9 | 36 | 18.8 | -9.7 | 7.7 | |||
| Alkosign Ltd. | 61.5 | 66.4 | -13.9 | -16.9 | -10.6 | 26.9 | -48.1 | -4.8 | -226.3 | -4.4 |
DOMS Industries INFORMATION ON IPO ISSUE
About DOMS Industries
DOMS Industries was incorporated on October 24, 2006. The company specializes in designing, developing, manufacturing, and selling a wide range of stationery and art products, primarily under its flagship brand 'DOMS,' both in the domestic market and in more than 45 countries internationally, as of September 30, 2023.
Object of the Issue
- Proposing to partially 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
DOMS Industries - PROMOTERS
| Name |
|---|
| Santosh Rasiklal Raveshia |
| Sanjay Mansukhlal Rajani |
| Ketan Mansukhlal Rajani |
| Chandni Vijay Somaiya |
| FILA |
DOMS Industries Book Running Lead Manager
JM Financial Limited
doms.ipo@jmfl.com
BNP Paribas
dl.doms.ipo@bnpparibas.com
ICICI Securities Limited
doms.ipo@icicisecurities.com
IIFL Securities Limited
doms.ipo@iiflcap.com
DOMS Industries Registrar to the Offer
Link Intime India Private Limited
domsind.ipo@linkintime.co.in
DOMS Industries Strengths
Leadership position
The company holds a leadership position in the Indian 'stationery and art material' industry, offering the widest range of products, which has been a key driver of its rapid business growth
Multi-channel distribution network
The company has established a widespread multi-channel distribution network through which it sells its products, including (i) through general trade, (ii) via modern trade, and (iii) to large corporations, institutions, and other companies
Strategic partnership
The company has a strategic partnership with FILA, which provides access to global markets and product know-how. FILA, an Italy-based leading global enterprise, serves as the Corporate Promoter
DOMS Industries Risks
Litigation
The company is currently involved in civil litigation with one of its listed peers. An adverse decision in this legal proceeding has the potential to impact the company's reputation, business, and financial condition
Competition
The company faces competitive pressures within its industry. Its inability to effectively compete could have a significant adverse effect on the business, prospects, operations, or financial results
Negative cash flows
The company has experienced negative cash flows in previous financial years and may continue to face negative cash flows in the future. This could potentially have adverse effects on its liquidity and operations
IPO FAQs
This IPO consists of an offer for sale of up to Rs 850.0 crore, of 10,759,493 shares. It also consists of a fresh issue of Rs 350.0 crore.
The promoters of the company are Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani, Chandni Vijay Somaiya and FILA.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
The price band of the IPO is Rs 750.0 - 790.0.
The IPO application opens on Dec 13, 2023 and closes on Dec 15, 2023.
The minimum lot size for the IPO is 18. The maximum lot size for the IPO is 252.
For all category investors, the minimum application amount for this IPO is Rs. 13,500.0, the maximum value for this IPO is Rs 199,080.0.
This IPO will be allotted on Dec 18, 2023.
The refund will be credited to your account on Dec 19, 2023.
The allotted shares will be credited to your demat on Dec 19, 2023.
DOMS Industries Ltd.’s shares listed on the stock exchanges on Dec 20, 2023.