Doms Industries IPO: The company intends to raise Rs 1,200 crore via maiden public issue which consists of a fresh issuance of shares worth Rs 350 crore, and an offer-for-sale of Rs 850 crore worth shares by the promoters.
At 11:06 a.m., the public issue was subscribed 1.09 times. The retail category was subscribed 4.08 times, while the NII portion garnered 1.18 times bids. There were no bids from qualified institutional buyers so far.
DOMS Industries is a stationery and art product company, primarily engaged in designing, developing, manufacturing, and selling a wide range of products.
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.