DOMS Industries IPO, Date, Price, GMP, Analysis and Review
This post was most recently updated on December 15th, 2023
Get ready for the upcoming DOMS Industries IPO, a significant event in the financial market with an issue size of ₹1,200.00 crores. DOMS Industries IPO, opening on December 13, 2023, and closing on December 15, 2023, is a mix of a fresh issue and an offer for sale, creating an exciting opportunity for investors.
In this IPO, DOMS is offering 0.44 crore shares in a fresh issue worth ₹350.00 crores, alongside an offer for sale of 1.08 crore shares totaling ₹850.00 crores. Investors, mark your calendars for the allotment date on December 18, 2023, and get ready for its tentative listing on BSE and NSE on December 20, 2023.
The price band for DOMS Industries IPO is set between ₹750 and ₹790 per share, making it accessible for a broad range of investors. Retail investors can start with a minimum investment of ₹14,220 for 18 shares. For the sNII category, the entry point is 15 lots, equivalent to 270 shares, costing ₹213,300, and for bNII, it’s 71 lots or 1,278 shares, amounting to ₹1,009,620.
DOMS Industries IPO presents a prime opportunity to invest in a promising venture. Analyze the details and consider your investment options carefully to make a well-informed decision.
As per the current GMP trend, The predicted DOMS Industries IPO listing price is between ₹1350 and ₹1400.
Consider reading: How to Check IPO Allotment Status
Page Contents
DOMS Industries IPO Details
| IPO Date | December 13, 2023 to December 15, 2023 |
| Listing Date | December 20, 2023 |
| Face Value | ₹10 per share |
| Price Band | ₹750 to ₹790 per share |
| Lot Size | 18 Shares |
| Total Issue Size | 15,189,873 shares (aggregating up to ₹1,200.00 Cr) |
| Fresh Issue | 4,430,380 shares (aggregating up to ₹350.00 Cr) |
| Offer for Sale | 10,759,493 shares of ₹10 (aggregating up to ₹850.00 Cr) |
| Employee Discount | Rs 75 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 56,250,218 |
| Share holding post issue | 60,680,598 |
Consider reading: DOMS Industries Share Price Target 2024, 2025, 2026, 2027, 2030
DOMS Industries IPO Timeline
The DOMS Industries IPO opens on December 13, 2023, and closes on December 15, 2023.
| IPO Open Date | Wednesday, December 13, 2023 |
| IPO Close Date | Friday, December 15, 2023 |
| Basis of Allotment | Monday, December 18, 2023 |
| Initiation of Refunds | Tuesday, December 19, 2023 |
| Credit of Shares to Demat | Tuesday, December 19, 2023 |
| Listing Date | Wednesday, December 20, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 15, 2023 |
DOMS Industries IPO Lot Size
| Investor Category | Minimum to Maximum Lots | Shares per Lot | Investment Range |
|---|---|---|---|
| Retail Investors | 1 to 14 lots | 18 shares per lot | ₹14,220 to ₹199,080 |
| Small HNIs (S-HNI) | 15 to 70 lots | 270 to 1,260 shares | ₹213,300 to ₹995,400 |
| Big HNIs (B-HNI) | 71 lots and above | 1,278 shares per lot | ₹1,009,620 and above |
DOMS Industries IPO GMP
| GMP Date | GMP |
|---|---|
| 15-12-2023 | ₹530 |
| 14-12-2023 | ₹500 |
| 13-12-2023 | ₹495 |
| 12-12-2023 | ₹450 |
| 11-12-2023 | ₹483 |
| 09-12-2023 | ₹483 |
| 08-12-2023 | ₹385 |
| 07-12-2023 | ₹481 |
| 06-12-2023 | ₹410 |
| 05-12-2023 | ₹335 |
| 04-12-2023 | ₹200 |
Please Note: GMP is not official data, this information is collected from news sources. Investors are advised not to look at GMP data for making investment decisions.
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DOMS Industries Limited Company Overview
DOMS Industries Limited, a trailblazer in the stationery and art product sector since 2006. Known for its flagship brand, DOMS, the company excels in designing, developing, manufacturing, and selling an extensive array of stationery and art materials. By March 31, 2023, DOMS had expanded its reach to over 40 countries, becoming a global name in the industry.
In Fiscal 2023, DOMS proudly held a commanding 29% and 30% market share in pencils and mathematical instrument boxes, respectively, showcasing its dominance in these core product areas.
DOMS’s product line is a testament to its commitment to quality and innovation, catering to a wide array of needs. The range is thoughtfully categorized into seven distinct segments:
- Scholastic Stationery: Tailored for educational needs.
- Scholastic Art Materials: Fueling creativity in learning.
- Paper Stationery: Essential for everyday use.
- Kits and Combos: Convenient, multi-purpose packs.
- Office Supplies: For professional and business needs.
- Hobby and Craft: To inspire creative pursuits.
- Fine Art Products: For the artist in everyone.
Furthermore, the company’s strategic partnership with entities of the FILA Group enhances its reach, enabling the effective distribution and marketing of their products in South Asia.
As of March 31, 2023, DOMS boasts a robust, multi-channel global distribution network, spanning the Americas, Africa, Asia Pacific, Europe, and the Middle East, ensuring their products are accessible worldwide.
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DOMS Industries Limited Financial Overview
Striking Financial Growth: DOMS Industries Limited has demonstrated remarkable growth, with a revenue increase of 77.28% and an astounding rise in Profit After Tax (PAT) of 500.18% between the fiscal years ending March 31, 2023, and March 31, 2022.
| Metric | 30 Sep 2023 (₹ Crore) | 31 Mar 2023 (₹ Crore) | 31 Mar 2022 (₹ Crore) | 31 Mar 2021 (₹ Crore) |
|---|---|---|---|---|
| Assets | 829.46 | 639.78 | 497.46 | 457.52 |
| Revenue | 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 |
Analysis of DOMS Industries IPO and Its Industry Peers (As of March 31, 2023)
DOMS Industries Limited stands out in its industry, showcasing robust financials in its consolidated statements. The company’s Earnings Per Share (EPS), both basic and diluted, are commendable at 18.29. This performance is further highlighted by an impressive Return on Net Worth (RoNW) of 28.39%, indicating efficient use of shareholders’ equity. Moreover, DOMS boasts a substantial Net Asset Value (NAV) per share at Rs 59.99, with a Price-to-Earnings (P/E) ratio of 43.19.
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|---|
| DOMS Industries Limited | 18.29 | 18.29 | 59.99 | 43.19 | 28.39 | Consolidated |
| Kokuyo Camlin Limited | 2.44 | 2.44 | 26.18 | 64.14 | 9.31 | Consolidated |
| Linc Limited | 25.15 | 25.15 | 119.16 | 28.15 | 21.10 | Consolidated |
| Navneet Education Limited | 9.04 | 9.04 | 17.78 | 15.86 | 17.78 | Consolidated |
| Flair Writing Industries Limited | 12.66 | 12.66 | 27.18 | 35.76 | 27.18 | Consolidated |
Peer Comparison:
- Kokuyo Camlin Limited: Exhibits an EPS of 2.44 and a higher P/E ratio of 64.14, reflecting a different market valuation perspective. The company’s RoNW is 9.31%, with an NAV of Rs 26.18 per share.
- Linc Limited: Remarkably high EPS of 25.15 and a more modest P/E ratio of 28.15. The company’s strong NAV per share of Rs 119.16 and RoNW of 21.10% highlight its financial strength.
- Navneet Education Limited: Shows an EPS of 9.04, combined with a lower P/E ratio of 15.86. Its RoNW is at 17.78%, with an NAV of Rs 17.78 per share, indicating solid financial footing.
- Flair Writing Industries Limited: Posts an EPS of 12.66 and a P/E ratio of 35.76. The company has an NAV of Rs 27.18 per share and a RoNW of 27.18%.
DOMS Industries IPO Review and Recommendation
DOMS Industries Limited, a leader in the stationery and art products sector, is set to launch its highly anticipated IPO on December 13, 2023. This IPO aims to generate Rs 1,200 crore, earmarked for establishing a new manufacturing facility, augmenting working capital, and supporting general corporate endeavors.
Key Highlights of DOMS Industries IPO:
- Strong Market Positioning: DOMS Industries boasts a formidable brand presence, showcasing a diverse product range, global outreach, and a strategic alliance with the esteemed FILA Group.
- Impressive Financial Trajectory: The company’s financial robustness is evident through its consistent growth, marked by a Revenue Compound Annual Growth Rate (CAGR) of 17.6% and a Profit After Tax (PAT) CAGR of 23.4% from FY19 to FY21.
- Investor Enthusiasm: Indications from the grey market suggest robust investor interest, further buoyed by the IPO’s innovative T+3 listing format, shortening the allotment-to-listing timeframe.
- Subscription Details: The IPO, open from December 13 to December 15, 2023, offers a retail quota of 10%, QIB quota at 75%, and NII quota standing at 15%. Price bands and lot sizes are pending announcement.
DOMS Industries IPO Investment Perspective:
- Long-Term Potential: This IPO presents an attractive proposition for investors seeking long-term stakes in the flourishing stationery and art products domain.
- Competitive Edge: DOMS’s strong market position, loyal customer base, and growth prospects in both domestic and international markets position it as a compelling investment.
- Robust Infrastructure: The company’s extensive distribution network, skilled management, and sound corporate governance further bolster its investment appeal.
- Subscription Strategy: Given the anticipation of oversubscription, prospective investors are advised to apply early and stay updated on the price bands and lot size.
DOMS Industries IPO is a recommended buy for investors aiming to diversify their portfolio with a company that combines a strong brand presence with promising future prospects.
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Final Thoughts on DOMS Industries IPO, Date, Price, GMP, Analysis and Review
To conclude, DOMS Industries Limited IPO is a highly anticipated public issue that aims to raise funds for the company’s growth and expansion. The company has a strong brand value, a diversified product portfolio, a global presence, and a strategic partnership with the FILA Group.
The company has also shown consistent financial performance, with a revenue CAGR of 17.6% and a PAT CAGR of 23.4% from FY19 to FY21. The DOMS Industries IPO is expected to be oversubscribed, as the grey market premium indicates a high investor interest. The IPO will also be the first to have a T+3 listing, which will reduce the time gap between the allotment and the listing.
Investors who are interested in applying for the DOMS Industries IPO should keep an eye on the price bands and the lot size, which will be announced soon. The IPO will be open for subscription from December 13 to December 15, 2023, and the investors can apply through their brokers or online platforms.
The DOMS Industries IPO is a good opportunity for the investors who are looking for a long-term investment in a leading stationery and art products company.
