DOMS IPO GMP: DOMS Industries Limited IPO GMP Today

DOMS IPO GMP: DOMS Industries Limited is gearing up to go public with its Initial Public Offering (IPO), intending to list its shares on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This IPO offers a total issue size of Rs 1200 Cr, comprising a fresh issue of Rs 350 Cr and an Offer For Sale (OFS) worth Rs 850 Cr. The subscription for the IPO will be open from 13th to 15th December 2023, with each share having a face value of Rs 10. The price band for the IPO has been set at Rs 750 to Rs 790 per share, and the lot size for this offering is 18 shares or its multiples.

Also See: All IPO GMP Price Today

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DOMS IPO Grey Market Premium (GMP)

The Grey Market Premium (GMP) for DOMS IPO is currently at ₹485, as of the latest update on December 20, 2023. Given the price band of ₹750 to ₹790 per share, the estimated listing price for DOMS IPO is ₹1275 (cap price + today’s GMP). This implies an expected percentage gain of 61.39% per share.

Here’s a table summarizing the GMP data for DOMS IPO: [ Last Updated: 20 Dec, 2023; 09:05]

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
20-12-2023₹790.00₹5107000/105000₹1300 (64.56%)
19-12-2023₹790.00₹5107000/105000₹1300 (64.56%)
18-12-2023₹790.00₹5056900/103500₹1295 (63.92%)
17-12-2023₹790.00₹5307300/109500₹1320 (67.09%)
16-12-2023₹790.00₹5307300/109500₹1320 (67.09%)
15-12-2023₹790.00₹5267200/108000₹1316 (66.58%)
14-12-2023₹790.00₹5307000/105000₹1320 (67.09%))
13-12-2023₹790.00₹5006800/102000₹1290 (63.29%)
12-12-2023₹790.00₹4956800/102000₹1285 (62.66%)
11-12-2023₹790.00₹4386000/90000₹1228 (55.44%)
10-12-2023₹790.00₹4506200/93000₹1240 (56.96%)
09-12-2023₹790.00₹4836600/99000₹1273 (61.14%)
08-12-2023₹790.00₹3855300/79500₹1175 (48.73%)
07-12-2023₹790.00₹4816600/99000₹1271 (60.89%)
06-12-2023NA₹410₹410 (%)
05-12-2023NA₹335₹335 (%)
04-12-2023NA₹200To₹200 (%)
03-12-2023₹0₹ (0%)
02-12-2023₹0₹ (0%)
DOMS IPO GMP

Also See: Upcoming IPO in India

What is IPO Grey Market Premium (GMP)?

The IPO Grey Market Premium (GMP) refers to the unofficial and unregulated market where shares of an IPO are traded before their official listing. It offers insights into how investors perceive the IPO’s potential performance on its listing day. A positive GMP indicates that the IPO is likely to list at a premium, while a negative GMP suggests that it may list at a discount.

It’s essential to note that IPO GMP is highly volatile and speculative, making it a risky basis for investment decisions. It’s crucial to consider all factors and conduct thorough research before deciding whether to invest in DOMS IPO.

Also Read: Doms Industries to Launch IPO on Dec 13 to Raise Rs 1,200 Crore

About DOMS Industries Limited

DOMS Industries Limited, founded in October 2006, is a prominent name in the Indian stationery and art products market. The company is involved in the design, development, manufacturing, and distribution of a wide range of stationery and art products, primarily under the brand “DOMS.” DOMS sells its products both in the domestic market and across 40 countries worldwide.

The company’s key strengths include a focus on research and development (R&D), product innovation, and backward integrated manufacturing, enhancing its brand recognition. DOMS offers high-quality stationery and art materials categorized into seven segments: school stationery, art supplies for school use, paper stationery, kits and combos, office supplies, hobby and craft products, and art products. Its extensive distribution network spans the Americas, Africa, Asia Pacific, Europe, and the Middle East.

Also Read: Kross Ltd Files ₹500 Crore IPO with SEBI, Eyes Capital Market Expansion; Check Details

DOMS IPO Strengths

  1. Leading position in the Indian stationery and art material industry with a diverse product range, fostering rapid business growth.
  2. Strong brand recognition achieved through innovative and high-quality products.
  3. World-class manufacturing infrastructure with a focus on backward integration to enhance efficiency.
  4. A robust multi-channel distribution network, both in India and internationally.
  5. Strategic partnership with FILA, providing access to global markets and product knowledge.

Conclusion

DOMS Industries Limited’s IPO is set to hit the market, and the Grey Market Premium (GMP) indicates positive investor sentiment. However, it’s essential for potential investors to exercise caution and not solely rely on GMP for their investment decisions. Careful analysis of the company’s fundamentals, financials, and market conditions is crucial before participating in the IPO. DOMS’ strong presence in the stationery and art products industry, coupled with its innovative approach, makes it an intriguing opportunity for investors looking to diversify their portfolios.

For the latest updates on DOMS IPO and its GMP, you can refer to Stockesta.com’s IPO GMP Dashboard, which provides real-time information on IPO performance. DOMS Industries Limited’s IPO activity schedule includes an opening date of 13th December 2023, a closing date of 15th December 2023, and a listing date of 20th December 2023. Be sure to stay informed and make well-informed investment decisions.

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