After multibagger returns in the Tata Technologies IPO, Another interesting and most loved Indian Pencil company brand DOMS IPO is live in the Indian Share Market from 13 December 2023. Now, you might be confused about whether you should apply for the DOMS IPO or not, so read this post to find out.
Important Dates & Details
| IPO Date | December 13, 2023 to December 15, 2023 |
| Listing Date | [.] |
| 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 |
| Listing At | BSE, NSE |
| Share holding pre issue | 56,250,218 |
| Share holding post issue | 60,680,598 |
DOMS IPO GMP Today
Be ready for the potential bumper listing gains, with the Grey Market Premium (GMP) soaring to an impressive 60% on day one. Stay tuned as we unravel the excitement surrounding DOMS’ debut in the financial spotlight.
DOMS IPO Key Highlights
Here are the key highlights you need to know:
- Subscription Dates: The IPO is open for subscription from December 13 to December 15.
- Price Band: The IPO offers shares in the range of ₹750 to ₹790 per equity share.
- Lot Size: Investors can participate in lots of 18 equity shares and multiples thereof.
- Anchor Investors: The IPO already attracted ₹537.7 crore from anchor investors on December 12.
- Issue Details: The IPO comprises a fresh issue of up to ₹350 crore and an offer for sale (OFS) of equity shares, totaling ₹1,200 crore.
- Objective: Funds raised will be used for general corporate purposes and expanding manufacturing capacity.
- Listing Date: Expected on December 20, with shares likely to be listed on BSE and NSE.
- Lead Managers: JM Financial Limited, BNP Paribas, ICICI Securities Limited, and IIFL Securities Ltd.
- Reservation: 75% for Qualified Institutional Buyers, 15% for Non-Institutional Investors, and 10% for Retail Investors, with a special discount for eligible employees.
- Grey Market Premium: Currently standing at +505, indicating a strong investor appetite.
Apply Or Avoid?
Whenever the GMP of an IPO is going good, there is more probability of good listing gains. So, as you can check the GMP of DOMS IPO on the first day is about 60% which means investors are ready to buy DOMS at Share at 60% more price then the minimum listing price.
Now, you should know what to do. But if you want to understand deeply about the company then you can watch the video below for detailed analysis of DOMS IPO.
As the Grey Market Premium soars, expectations are high, with an estimated listing price of ₹1,295—a whopping 63.92% above the IPO price. Stay tuned for more updates as DOMS Industries gears up for a colorful market debut!
