According to market sources, DOMS shares are fetching a premium of Rs 525 in the grey market. The price band of the public issue is fixed at Rs 750-790, and at the upper end, the company plans to raise Rs 1,200 crore.
Doms Industries has reported a strong growth over the past four years by expanding the product portfolio and offering products at attractive price points. The company sells 75% of products to general trade on a cash and carry model, resulting in one of the lowest working capital days in the sector.