DOMS IPO comprises a fresh equity issue worth Rs 350 crore with an offer for sale (OFS) of Rs 850 crore. Under the OFS, promoters Fabbrica Italiana Lapis, Sanjay Mansukhal Rajani and Keta Mansukhal Rajani will offload shares.
The price band for the Rs 1,200-crore offer has not been announced yet. Despite this, the company s shares are trading with a premium of Rs 330 in the grey market. The GMP has more than doubled in the last two days, indicating strong investor interest in the public offer.
Doms Industries IPO | The IPO consists of a fresh issuance of shares worth Rs 350 crore by Doms, and an offer-for-sale (OFS) of shares worth Rs 850 crore by promoters. This means 70 percent of funds will go to selling shareholders.