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DOMS Industries IPO price band: DOMS Industries IPO: Price band fixed at Rs 750-790/share

DOMS Industries plans to raise Rs 1,200 crore from the public issue with fresh equity aggregating to Rs 350 crore and 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.

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The price band for DOMS Industries IPO fixed at Rs 750-790/share

The price band for DOMS Industries IPO fixed at Rs 750-790/share
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doms industries ipo: DOMS Industries IPO: Here are 10 things to know about the public offer

Doms Industries designs, develops, manufactures, and sells a wide range of stationery and art products, primarily under its flagship brand Doms , in the domestic market as well as in over 40 countries internationally. Its core products such as pencils and mathematical instrument boxes enjoy high market shares 29% and 30% by value in FY23 respectively

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DOMS Industries gmp: DOMS Industries buzzing in grey market ahead of IPO; GMP doubles in just 2 days

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.

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