DOMS Industries IPO: Last day to subscribe, check live updates

15 Dec 2023 , 12:09 PM

DOMS Industries Ltd opened its initial public offering (IPO) for subscription on December 13, 2023, and the bidding period will conclude on December 15, 2023. The IPO price for DOMS is set in the range of Rs 750 to Rs 790 per equity share. Click here to subscribe the IPO.

As of the second day of the IPO, the subscription level reached 16.44 times. By 1:00 PM on the third day, the IPO received bids for 18,59,56,866 equity shares out of the total 88,37,407 shares available for subscription. Notably, the retail portion was subscribed 52.55 times, and the non-institutional investors (NIIs) portion was oversubscribed 39.52 times. 

The Qualified Institutional Buyers (QIBs) portion was subscribed 1.30 times, and the employee portion was oversubscribed 21.86 times.

DOMS Industries specializes in designing, developing, producing, and marketing a wide variety of stationery and art products under its flagship brand, ‘DOMS.’ According to the Technopak Report, DOMS Industries holds the second-largest market share in the Indian market for branded ‘stationery and art’ products, with a market share of approximately 12% by value as of fiscal year 2023.