Doms Industries IPO opens on 13Dec 2023

DOMS Industries, a renowned player in the design, development, and sale of stationery and art products, has officially announced its Initial Public Offering (IPO). The IPO, set in the price range of ₹750 to ₹790 per share, with a lot size of 18 shares and an issue size of ₹1,200 crores, is poised to attract investors seeking exposure to this dynamic industry.

Founded on October 24, 2006, DOMS Industries has established its presence in over 45 international markets, showcasing its primary brand 'DOMS' and excelling across seven distinct categories of stationery and art materials. From scholastic stationery to fine art products, the company prides itself on delivering superior quality and innovative designs to its consumers.

DOMS Industries operates manufacturing facilities in Umbergaon, Gujarat, and Bari Brahma, Jammu and Kashmir, ensuring quality production to meet global demand. Leveraging an extensive multi-channel distribution network, DOMS has a robust presence not only across India but also in key regions globally, including the Americas, Africa, Asia Pacific, Europe, and the Middle East.

The IPO offers various avenues for investment:

1. **Regular Investors**: With the price range set at ₹750-790 per share, regular investors can apply for shares up to ₹2,00,000.

2. **Employees**: DOMS employees have a special opportunity to apply at a discounted price range of ₹675-715 per share, offered at a significant ₹75 discount per share.

3 **High Networth Individuals (HNIs)**: Investors falling in the HNI category can invest between ₹2,00,000 and ₹5,00,000 at the set price range of ₹750-790 per share.

In the fiscal year 2022-23, DOMS Industries reported a substantial profit of ₹102.87 crores, marking significant growth from the ₹17.14 crores profit in 2021-22. This remarkable performance underscores the company's commitment to delivering value to its shareholders and signifies its potential for sustained growth in the markets.