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DOMS Industries Limited is coming out with a fresh public issue to raise Rs 1200 crores from the market.

Below are the details of the DOMS Industries Limited IPO:

• Issue opens – December 13 (Wednesday)
• Issue closes – December 15 (Friday)
• Issue size – Rs 1200 crores
• Price band – Rs 750 to 790 per equity share
• Bid lot – 18 shares and in multiples thereof

And here are some details of the company and further details on the DOMS Industries Limited IPO.

Company details:

• DOMS Industries Limited design, develop, manufacture, and sell a wide range of stationery and art products, primarily under their flagship brand ‘DOMS’, in the domestic market as well as in over 45 countries internationally, as of September 30, 2023. They are the second largest player in India’s branded ‘stationery and art’ products market, with a market share of ~12% by value, as of Fiscal 2023 (Source: Technopak Report). Their keen focus on research and development (R&D), product engineering, and backward integrated manufacturing, operations, combined with their multichannel pan-India distribution network has enabled them to achieve a strong brand recall amongst consumers. Their products are marketed under their flagship brand ‘DOMS’ along with other brand/sub-brands including ‘C3’, ‘Amariz’, and ‘Fixyfix’.
  
  
• Their core products such as ‘pencils’ and ‘mathematical instrument boxes’ enjoy high market shares; 29% and 30% market share by value in Fiscal 2023 respectively (Source: Technopak Report). They offer well-designed and quality ‘stationery and art material’ products to consumers, which they classify across seven 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, 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.
  
  
• They undertake their manufacturing operations from facilities located in Umbergaon, Gujarat and Bari Brahma, in Jammu and Kashmir. Their Umbergaon Manufacturing Facilities are spread over approximately 34 acres of land covering approximately 1.18 million square feet, which are equipped with modern and automated production processes. Further, their Jammu Manufacturing Facility is spread across approximately 2 acres of land covering approximately 0.07 million square feet, focussed on producing wooden slats from locally sourced wood. Also Read: How to Maximise the Chances of IPO Allotment?
  
  
• As of September 30, 2023, they have a widespread multi-channel distribution network with a strong pan-India presence and a global footprint catering to over 45 countries, covering the Americas, Africa, Asia Pacific, Europe, and Middle East. In the domestic market, they sell their products through (i) general trade; (ii) modern trade and ecommerce; and (iii) original equipment manufacturer (OEM) & institutions. Their domestic distribution network for general trade comprises of over 120 super-stockists, and over 4,000 distributors along with a dedicated sales team of over 500 personnel covering more than 120,000 retail touch points over 3,500 cities and towns. They also cater to their consumers through modern trade and e-commerce.
  
  

Issue Size: Rs 1200 crores

Employee Reservation: Equity shares aggregating up to Rs 5 crores.

Employee Discount: Rs 75 per share

Issue break-up:

• QIB – 75% of the net offer – Rs. 896.25 crores
• NIB – 15% of the net offer – Rs. 179.25 crores
• RET – 10% of the net offer – Rs. 119.50 crores

Listing: BSE and NSE

Registrar: Link Intime India Pvt Ltd

UPI: All Retail & NII bidders' (bids up to Rs. 5,00,000) applications through brokers are compulsorily in UPI Mode.

Notes:

• Application made using third-party UPI or ASBA Bank A/c are liable to be rejected. 
• The UPI Mandate acceptance time for Retail and NII Bidders (bids up to Rs 5,00,000) shall expire at 5 PM on the closing day of the IPO i.e. Friday, December 15, 2023.

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