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DOMS Industries LTD IPO: Dates, Financials, Promoters, and Analysis - Price: Rs. 0

Ad # 839469
Contact
Sonu
City
Lucknow
Zip
226006 (map)
Created
December 7, 2023
Expires
December 6, 2024
Viewed
26
DOMS Industries Limited IPO Analysis

DOMS Industries Limited, established in 1976, is a prominent player in India's stationery and art market, renowned for its 'DOMS' brand. Boasting a wide-reaching network, DOMS holds a substantial 30% market share in core segments like pencils. In FY2023, wooden pencils comprised 37% of their sales, with a pivotal strategic partnership with FILA in 2012 expanding their global access.
Offering a diverse range of stationery and art supplies distributed across 40 countries, DOMS is the second-largest pencil maker in India, acquiring a 30% stake in Clapjoy, marking its foray into a new market segment.

The upcoming IPO, open for subscription from December 13 to 15, 2023, doesn't disclose its price band yet, aiming for a listing on December 20, 2023. Financially, the company shows total assets of ?829.46 Crore and a net profit after tax (PAT) of ?73.91 Crore in FY 23, with a varied revenue distribution among product categories.

Intending to expand production and address corporate needs with IPO proceeds, DOMS' promoters include Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani, Chandni Vijay Somaiya, and Fabbrica Italiana Lapis ed Affini S.p.A.

Managed by JM Financial Limited, ICICI Securities Limited, BNP Paribas, and IIFL Securities Limited, DOMS aims to leverage its improved financials and brand recognition, despite facing challenges of revenue concentration and potential imitation threats.

The IPO's valuation details are pending, with no firm commitment to future dividends, signaling reliance on profits and economic conditions. While showcasing strengths in revenue growth and a strong brand, DOMS acknowledges risks concerning product concentration, brand imitation, and supply chain vulnerabilities. The latest Grey Market Premium (GMP) stands at ?245, calling for prudent evaluation amidst these opportunities and challenges.

Explore Complete DOMS Industries Limited IPO:

https://www.finowings.com/IPO/doms-industries-ltd-ipo
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