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Doms Industries IPO: Issue oversubscribed by 12 51 times on day 2, grey market premium at 60%

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.

DOMS IPO subscription status: DOMS IPO fully subscribed within one hour of bidding process; retail portion booked 4X

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 IPO opens today: Should you subscribe to the issue?

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