05-Dec-2023
2 mins read
The IPO date for DOMS Industries Limited is December 13, 2023 to December 15, 2023. The issue pertains to the sale of 10,759,493 equity shares and a fresh issue of 4,430,380 equity shares of Rs 10 each. Thanks to approval from the capital markets regulator SEBI, DOMS Industries Ltd. is now eligible to raise capital through an initial public offering (IPO).
DOMS Industries Limited Company Profile
Established in 2006, DOMS Industries Limited stands as a prominent player in the stationery and art product industry. The company has cultivated a reputation for designing, developing, and distributing an extensive array of stationery and art supplies under its renowned brand, DOMS.
Global Presence and Market Share: With a footprint spanning over 40 countries as of March 31, 2023, DOMS Industries Limited has secured a notable position in the market. Notably, the company boasted a 29% and 30% market share in FY23 for its core offerings of pencils and mathematical instrument boxes, respectively.
Product Portfolio: Catering to diverse consumer needs, the company’s offerings are segmented into seven distinct categories. These categories encompass scholastic stationery, scholastic art materials, paper stationery, kits and combos, office supplies, hobby and craft, and fine art products. Each category represents a commitment to providing well-crafted, high-quality stationery and art materials.
Strategic Partnerships and Distribution Network: DOMS Industries Limited has strategically partnered with select entities within the FILA Group, leveraging these associations for the distribution and marketing of its products across South Asia. Moreover, the company has fortified its global reach through a robust multi-channel distribution network. This network spans the Americas, Africa, Asia Pacific, Europe, and the Middle East, ensuring widespread accessibility to its offerings.
The Objectives of DOMS Industries Limited IPO
The funds raised from the Fresh Issue, which refers to the gross proceeds minus the allocated offer expenses, are intended for the following purposes:
- Partially financing the establishment of a new manufacturing facility aimed at expanding production capabilities. This expansion focuses on a diverse range of writing instruments, watercolour pens, markers, and highlighters.
- Allocation towards general corporate objectives and expenses.
Financial Performance of DOMS Industries Limited (In Crore)
| Period Ended | 30-Sep-23 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
| 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 | 84.9 | 97.27 |
Key Performance Indicator
| KPI | Values |
| P/E (x) | 43.19 |
| Market Cap (Rs Cr.) | 4793.77 |
| ROE | 33.54% |
| ROCE | 33.31% |
| Debt/Equity | 0.28 |
| EPS (Rs) | 18.29 |
| RoNW | 28.39% |
Important Dates for DOMS Industries Limited IPO
| IPO Date | December 13, 2023 to December 15, 2023 |
| Listing Date | 20-Dec-23 |
| Face Value | Rs 10 per share |
| Price Band | Rs 750 to Rs 790 per share |
| Lot Size | 18 Shares |
| Total Issue Size | 15,189,873 shares (aggregating up to Rs 1,200.00 Cr) |
| Fresh Issue | 4,430,380 shares (aggregating up to Rs 350.00 Cr) |
| Offer for Sale | 10,759,493 shares of Rs 10 (aggregating up to Rs 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 |
DOMS Industries Limited IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
DOMS Industries Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 18 | Rs 14,220 |
| Retail (Max) | 14 | 252 | Rs 199,080 |
| S-HNI (Min) | 15 | 270 | Rs 213,300 |
| S-HNI (Max) | 70 | 1,260 | Rs 995,400 |
| B-HNI (Min) | 71 | 1,278 | Rs 1,009,620 |
Promoters of the Company
Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani Chandni Vijay Somaiya and Fabbrica Italiana Lapis ed Affini S.p.A are the promoters of the company.
DOMS Industries Limited IPO Promoter Holding
| Shareholding Pre Issue | 100% |
| Shareholding Post Issue | 92.70% |
DOMS Industries Limited IPO Lead Manager(s)
The lead managers of the IPO are JM Financial Limited, Bnp Paribas, ICICI Securities Limited and IIFL Securities Limited.
How to Apply for DOMS Industries Limited IPO?
Wait for the public issue to open for subscription, then click on this link to apply for the DOMS Industries Limited IPO with Bigul: https://bigul.co/open-account
How to Check the Allotment Status of DOMS Industries Limited IPO?
The registrar for DOMS Industries Limited IPO is Link Intime India Private Ltd. To check your allotment status, please click on this link: https://linkintime.co.in/
FAQs
- What is the DOMS Industries Limited IPO?
The DOMS Industries Limited IPO is a forthcoming public offering comprising a fresh issuance worth Rs 350.00 crore and an offer for the sale of about 10,759,493 shares.
- Who are the main coordinators for this IPO?
The lead managers for the IPO are JM Financial Limited, Bnp Paribas, ICICI Securities Limited and IIFL Securities Limited.
- How can I apply for the DOMS Industries Limited IPO?
Once the public issue opens for subscription, you can apply for the DOMS Industries Limited IPO through the given link: https://bigul.co/open-account
- How do I check my allotment status for the DOMS Industries Limited IPO?
The registrar for DOMS Industries Limited IPO is Link Intime India Private Ltd. To check your allotment status, please click on this link: https://linkintime.co.in/
- Who are the promoters of DOMS Industries Limited?
The company is promoted by Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani Chandni Vijay Somaiya and Fabbrica Italiana Lapis ed Affini S.p.A.
- What is the financial performance of DOMS Industries Limited?
Financial highlights include growth in total assets, total revenue, profit after tax, net worth, reserves and surplus, and total borrowings from 2021, as provided in the provided data. DOMS Industries’ revenue rose by 77.28% and PAT grew by 500.18% between the financial year ending with March 31, 2022 and March 31, 2023.
- What will be the use of the net proceeds from the IPO?
The Fresh Issue’s net proceeds will be used for:
- Establishing a new manufacturing facility to expand production of writing instruments, watercolour pens, markers, and highlighters.
- Meeting general corporate needs and expenses.
- What is the expected listing date for the DOMS Industries Limited IPO?
The exact listing date is December 20, 2023.
- What is the issue type of the IPO?
It’s a Book-Built Issue IPO.
- How many shares are being offered for sale?
The offer for sale consists of 10,759,493 shares of Rs 10 each.