About DOMS Industries Limited
Incorporated in 2006, DOMS Industries designs, develops, manufactures and sells a wide range of stationery and art products. As per reports, it is India’s second-largest player in the branded ‘stationery and art’ products market, with a market share of nearly 12% by value as of FY23. The company markets its products through its flagship brand ‘DOMS’ and other sub-brands, including ‘C3’, ‘Amariz’, and ‘Fixyfix’.
The company offers its products under seven categories, (i) scholastic stationery; (ii) scholastic art material; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products. Scholastic stationery and art material category contributed nearly 70% of total revenue in FY23.
These products are manufactured through company-owned manufacturing facilities located in Umbergaon, Gujarat and Bari Brahma, in Jammu and Kashmir. These products are distributed across pan-India through general and modern trade channels. Company also has a well established distribution network across 45 countries.
In the domestic market, the company has a network of over 120 super-stockists, 4,000+ distributors and a sales team of 500 personnel. They cover more than 1,20,000 retail touch points over 3,500 cities and towns.
The company has an exclusive tie-up with FILA, a listed Italian multinational supplier of various ‘art materials’ and ‘stationery products.’ It acts as a distributor and marketer for all categories of products, under their name and trademark, in India, Nepal, Bhutan, Sri Lanka, Bangladesh, Myanmar, and Maldives.
Between FY21 and FY23, it has seen a CAGR rise of 44% in its revenue from operations. It has also witnessed an EBITDA margin of 7%, 10% and 15% in FY21, FY22 and FY23, respectively. Moreover, the Indian stationery and art materials market is expected to grow at a CAGR of ~13% between FY23 and FY28 to reach a market value of ₹71,600 crore, which could benefit the company.
And now, DOMS Industries Limited is coming out with its initial public offer (IPO). The IPO will be an offer for sale as well as a fresh issue. The money raised through the fresh issue will be utilised to partly finance the cost of establishing a new manufacturing facility to expand its production capabilities and for general corporate purposes. Its shares will be listed on the NSE and the BSE.
Here are key details about the DOMS Industries Limited IPO:
Here’s a quick look at DOMS Industries Limited IPO’s strengths, weakness, opportunities and risks (SWOT analysis)
Strengths and opportunities
Risks and threats
DOMS Industries Limited IPO details
|DOMS Industries Limited IPO date
According to the offer document filed by the company with the SEBI, the DOMS Industries IPO’s opening date – in other words, the DOMS Industries IPO launch date – will be 13th December 2023. The DOMS Industries IPO closing date is 15th December 2023. After this, investors will be updated about the allotment status on 18th December 2023.
Investors, who have been allotted shares, can expect them to be credited to their demat account on 19th December 2023. The DOMS Industries IPO listing date is 20th December 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
|DOMS Industries Limited IPO Price Band
The IPO is an offer for sale as well as a fresh issue. The DOMS Industries IPO price band has been set between ₹750 and ₹790 per share. Interested investors can choose a price within this band to apply for the IPO.
The DOMS Industries IPO listing price will be determined on 20th December 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.
|DOMS Industries Limited IPO Lot size
The DOMS Industries IPO details have been declared. The DOMS Industries IPO lot size is set at 18 shares and an investor can apply for a minimum of 1 lot. Meanwhile, the DOMS Industries IPO issue size is approx ₹1,200 crore.
How to pre-apply for the DOMS Industries Limited IPO?
You can pre-apply for the DOMS Industries Limited IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the DOMS Industries Limited IPO?
If you are interested in this investment opportunity but unsure how to apply for the DOMS Industries Limited IPO, here we are listing out the steps for you.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the DOMS Industries Limited IPO on Upstox:
How to check the DOMS Industries LimitedIPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.
Here’s a step-by-step guide on how to check the DOMS Industries Limited IPO allotment status:
Open a demat account with Upstox to apply for the DOMS Industries Limited IPO
To apply for the DOMS Industries Limited IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the DOMS Industries Limited IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the DOMS Industries Limited IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the DOMS Industries IPO means applying for this public issue before it goes live. Click here to pre-apply for the DOMS Industries IPO on Upstox.
You can pre-apply for the DOMS Industries IPO from 11 December 2023. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
You can apply on Upstox’s website and app, once the DOMS Industries IPO opens for the subscription.
The DOMS Industries IPO launch date is 13th December 2023. The DOMS Industries IPO will be open for subscription till 15th December 2023.
The DOMS Industries lot size is 18 shares and the minimum investment required is ₹14,220.
The DOMS Industries IPO price band is ₹750 – ₹790 per share.
The size of the DOMS Industries IPO is approx. ₹1,200 crore.
You can place up to three bids for an application.
No, the bids have to be placed in one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
If shares are allotted, then they will be credited to your demat account on 19th December 2023.
DOMS Industries shares will be on NSE and BSE.
DOMS Industries shares’ listing date is 20th December 2023.