DOMS Industries Limited IPO will open for subscription from 13 December 2023. The company aims for an issue size of ₹1,200 Cr through this IPO.
Company Overview
| Full name | DOMS Industries Limited |
| Sector | Fast Moving Consumer Goods |
| Industry | Printing & Stationery |
| Company Website | https://domsindia.com/ |
About Company
Emerging as a frontrunner in India’s market for ‘stationery and art’ products, DOMS Industries engages in the design, development, manufacture, and sale of an extensive array of these products. This primarily unfolds under its brands ‘DOMS,’ ‘C3,’ ‘Amariz,’ and ‘Fixyfix,’ both domestically and internationally, spanning over 40 countries as of March 31, 2023. Key products like pencils and mathematical instrument boxes boast significant market shares, capturing 29% and 30%, respectively, by value in Fiscal 2023.
Diversifying its offerings, DOMS Industries categorizes its products into seven segments: (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. It asserts the broadest product spectrum among its counterparts in India and stands as one of the few global companies in the ‘stationery and art material’ sector with such extensive diversity. Notably, spanning multiple categories and price points has propelled it to be the swiftest growing company in India for ‘stationery and art material’ products in terms of revenue from Fiscal 2020 to Fiscal 2022.
With manufacturing hubs situated in Umbergaon, Gujarat, and Bari Brahma, Jammu and Kashmir, the company ensures operational prowess. In the realm of general trade distribution, it boasts over 100 super-stockists, 3,750 distributors, and an adept sales team comprising more than 450 individuals. This team spans across 115,000 retail touchpoints in over 3,500 cities and towns, solidifying its outreach. Modern trade and e-commerce channels further extend its reach to cater to diverse consumer segments.
The Objectives of the Issue
- Proposing to partly finance the cost of establishing a new manufacturing facility to expand its production capabilities for a wide range of writing instruments, watercolor pens, markers, and highlighters.
- General corporate purposes.
DOMS Industries Limited IPO Timetable
| IPO Opening date | 13 December 2023 |
| IPO Closing | 15 December 2023 |
| Basis of Allotment | 18 December 2023 |
| Initiation Refund | 19 December 2023 |
| Credit to Demat Account | 19 December 2023 |
| Listing Date | 20 December 2023 |
DOMS Industries Limited IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹1,200.00 Cr |
| Fresh Issue | ₹350.00 Cr |
| Offer for sale | ₹850.00 Cr |
| Face value | ₹10 per share |
| Price Band | ₹750-₹790 per share |
| Lot size | 18 Shares |
| Shareholding pre-issue | 56,250,218 |
| Shareholding post-issue | – |
| Listing Exchange | BSE & NSE |
DOMS Industries Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | ₹14,220 |
| Retail (Max) | 14 | 252 | ₹199,080 |
| S-HNI (Min) | 15 | 270 | ₹213,300 |
| S-HNI (Max) | 67 | 1,206 | ₹952,740 |
| B-HNI (Min) | 68 | 1,224 | ₹966,960 |
DOMS Industries Limited IPO Reservation Details
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
DOMS Industries Limited Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 402.82 | 683.60 | 1,211.89 | 761.80 |
| Expenses | 416.37 | 662.20 | 1,077.76 | 664.98 |
| Net income | (6.03) | 17.14 | 102.87 | 73.91 |
| Margin (%) | (1.50) | 2.51 | 8.49 | 9.70 |
DOMS Industries Limited Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (1.07) | 3.05 | 18.29 |
| PE ratio | – | – | – |
| RONW (%) | (3.86) | 5.81 | 28.39 |
| NAV | 41.53 | 43.95 | 59.99 |
| ROCE (%) | 0.36 | 10.04 | 33.31 |
| EBITDA (%) | 7.45 | 10.20 | 15.40 |
| Debt/Equity | 0.40 | 0.33 | 0.28 |
Company Promoters
- Santosh Rasiklal Raveshia
- Sanjay Mansukhlal Rajani
- Ketan Mansukhlal Rajani Chandni Vijay Somaiya
- Fabbrica Italiana Lapis ed Affini S.p.A
Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | – |
Lead Manager(s)
- JM Financial Limited (
- BNP Paribas
- ICICI Securities Limited
- IIFL Securities Ltd
DOMS Industries Limited Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 022 4918 6060
Email: domsind.ipo@linkintime.co.in
Website: www.linkintime.co.in
DOMS Industries Limited Contact Details
DOMS INDUSTRIES LIMITED
Plot No. 117, 52 Hector Expansion Area,
G.I.D.C., Umbergaon– 396 171,
Dist. Valsad, Gujarat, India
Phone: +91 74348 88445
Email: ir@domsindia.com
Website: www.domsindia.com
DOMS Industries Limited IPO Allotment Status
DOMS Industries IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Final thoughts
DOMS Industries Limited IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
