DOMS Industries Limited is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of these products under the flagship brand, DOMS. As of March 31, 2023, the company has marked its presence in over 40 countries. The company held 29% and 30% market share, respectively, in Fiscal 2023 for its core products for pencils and mathematical instrument boxes.
The company offers well-designed and quality stationery and art material products, which they classify across 7 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.
In 2012, the company entered into a strategic partnership with FILA, a listed Italian multinational company, engaged in the supply of various art materials and stationery products, with a global presence. The partnership with FILA has enabled them to gain access to international markets for distribution of their products, augmentation of their R&D and technological capabilities. They have an exclusive tie-up with certain entities of the FILA Group, for distribution and marketing for all categories of their respective products, under their name and trademark, in India, Nepal, Bhutan, Sri Lanka, Bangladesh, Myanmar, and Maldives.
The company’s products are marketed under their flagship brand DOMS along with other brand/sub-brands including C3, Amariz, and Fixyfix.
DOMS IPO – Details
| IPO Opening Date | 13 December 2023 |
| IPO Closing Date | 15 December 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1,51,89,874 Shares Worth ₹1200.00 Crore Fresh Issue: 44,30,380 Shares Worth ₹350.00 Crore Offer For Sale: 1,07,59,494 Shares Worth ₹850.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹750 – ₹790 |
| Market Lot | 18 Shares |
| Min Order | 18 Shares (1 Lot) |
| Employee Discount | Rs 75 |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
DOMS IPO – Date Schedule
| IPO Open Date | 13 December 2023 |
| IPO Close Date | 15 December 2023 |
| Basis of Allotment Date | 18 December 2023 |
| Initiation of Refund | 19 December 2023 |
| Credit of Shares to Demat Account | 19 December 2023 |
| IPO Listing Date | 20 December 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on 15 December 2023 |
DOMS IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | 14,220 |
| Retail (Max) | 14 | 252 | 1,99,080 |
| S-HNI (Min) | 15 | 270 | 2,13,300 |
| S-HNI (Max) | 70 | 1,260 | 9,95,400 |
| B-HNI (Min) | 71 | 1,278 | 10,09,620 |
Competitive Strengths
- Leadership position in the Indian ‘stationery and art material’ industry with the widest range of products, driving rapid business growth;
- Strong brand recall driven by high quality, innovative and differentiated products;
- World class manufacturing infrastructure, with a focus on backward integration to drive efficiencies;
- Robust multi-channel distribution network with strong pan India and international presence;
- Strategic partnership with FILA enabling access to global markets and product know-how.
Company Promoters
- Sanjay Mansukhlal Rajani
- Ketan Mansukhlal Rajani
- FILA
- Santosh Rasiklal Raveshia
- Chandni Vijay Somaiya
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 408.78 | 416.36 | -6.02 | 97.27 |
| 31 March 2022 | 686.22 | 662.20 | 17.14 | 84.90 |
| 31 March 2023 | 1216.52 | 1077.76 | 102.87 | 100.06 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 33.54% |
| ROCE | 33.31% |
| Debt/Equity | 0.28 |
| EPS (Rs) | 18.29 |
| RoNW | 28.39% |
Object 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, watercolour pens, markers, and highlighters.
- General corporate purposes.
DOMS IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 1 | Kokuyo Camlin Limited | 64.14 |
| 2 | 10 | Linc Limited | 28.15 |
| 3 | 2 | Navneet Education Limited | 15.86 |
| 4 | 5 | Flair Writing Industries Limited | 35.76 |
DOMS IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
DOMS IPO Prospectus
Company Contact Information
| DOMS Industries Limited J-19, G.I.D.C, Opp. Telephone Exchange Umbergaon – 396 171, Dist. Valsad, Phone: +91 74348 88445 Email: ir@domsindia.com Website: https://domsindia.com/ |
DOMS IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: domsind.ipo@linkintime.co.in Website: https://linkintime.co.in/mipo/ipoallotment.html |
DOMS IPO Lead Manager(s)
| 1. JM Financial Limited 2. BNP Paribas 3. ICICI Securities Limited 4. IIFL Securities Limited |
DOMS IPO FAQs
| What is DOMS IPO? DOMS IPO is a main-board IPO. The issue is priced at ₹750 to ₹790 per equity share. The IPO is to be listed on BSE & NSE. |
| When DOMS IPO will open? The IPO is to open on 13 December 2023 for QIB, NII, and Retail Investors. |
| What is DOMS IPO Investors Portion? The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%. |
| How to Apply the DOMS IPO? You can apply DOMS IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the DOMS IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “DOMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the DOMS IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “DOMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the DOMS IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “DOMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the DOMS IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “DOMS”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is DOMS IPO Size? DOMS IPO size is ₹1200.00 Crore. |
| What is DOMS IPO Price Band? DOMS IPO Price Band is ₹750 to ₹790. |
| What is DOMS IPO Minimum and Maximum Lot Size? The minimum bid is 18 Shares with ₹14,220 amount while the maximum bid is 252 Shares with ₹1,99,080. |
| What is the DOMS IPO Allotment Date? DOMS IPO allotment date is 18 December 2023. |
| What is the DOMS IPO Listing Date? DOMS IPO listing date is 20 December 2023. The IPO is to list on BSE and NSE. |
