DOMS Industries IPO Year 3 Reside Updates : DOMS Industries IPO used to be subscribed 16.44 instances on the second one date of factor. Retail traders stole the display on the second one date in addition to the portion reserved for them used to be booked 44.71 instances, date the portion reserved for non-institutional traders (NIIs) used to be booked 27.38 instances.
The portion reserved for Certified Institutional Patrons (QIBs) used to be booked 1.24 instances by means of the top of the second one date.
DOMS Industries IPO used to be subscribed 5.72 instances on date 1. Retail traders replied extremely smartly to the DOMS IPO inside little while of it being to be had for subscription, and the portion that used to be totally booked.
On date 1, DOMS IPO’s retail traders portion used to be subscribed 19.16 instances, NII portion used to be subscribed 7.96 instances, and Certified Institutional Patrons (QIB) portion is booked 6%. Worker portion has been subscribed 9.26 instances.
DOMS designs, develops, produces, and markets a huge number of stationery and artwork merchandise below flagship emblem – “DOMS”. Consistent with the Technopak Document, DOMS Industries is the second-biggest participant within the Indian marketplace for branded “stationery and art” merchandise, keeping a marketplace percentage of about 12% by means of price as of fiscal 2023.
DOMS Industries IPO worth band has been all set within the dimension of ₹750 to ₹790 in line with fairness percentage of face price of ₹10. The dozen measurement is eighteen fairness stocks and in multiples of 18 fairness stocks thereafter.
DOMS Industries IPO incorporates a unused factor of stocks of as much as ₹350 crore and an trade in on the market (OFS) of fairness stocks by means of a promoter and others aggregating as much as ₹850 crore.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 13:45 IST
DOMS Industries IPO subscription situation is 36.10 instances at 13:45 IST.
DOMS IPO retail traders portion has been subscribed 58.62 instances, NII portion is subscribed 49.92 instances, and Certified Institutional Patrons (QIB) portion is booked 21.87 instances. The worker portion used to be subscribed 24.32 instances.
DOMS IPO has gained bids for 31,90,61,934 stocks in opposition to 88,37,407 stocks on trade in, at 13:45 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 13:30 IST
DOMS Industries IPO subscription situation is 32.58 instances at 13:30 IST.
DOMS IPO retail traders portion has been subscribed 57.80 instances, NII portion is subscribed 48.13 instances, and Certified Institutional Patrons (QIB) portion is booked 16.52 instances. The worker portion used to be subscribed 24.02 instances.
DOMS IPO has gained bids for 28,79,00,298 stocks in opposition to 88,37,407 stocks on trade in, at 13:30 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 13:15 IST
DOMS Industries IPO subscription situation is 30.83 instances at 13:15 IST.
DOMS IPO retail traders portion has been subscribed 57.23 instances, NII portion is subscribed 47.60 instances, and Certified Institutional Patrons (QIB) portion is booked 13.76 instances. The worker portion used to be subscribed 23.78 instances.
DOMS IPO has gained bids for 27,24,86,988 stocks in opposition to 88,37,407 stocks on trade in, at 13:15 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 13:00 IST
DOMS Industries IPO subscription situation is 26.51 instances at 13:00 IST.
DOMS IPO retail traders portion has been subscribed 56.03 instances, NII portion is subscribed 45.64 instances, and Certified Institutional Patrons (QIB) portion is booked 7.15 instances. The worker portion used to be subscribed 23.42 instances.
DOMS IPO has gained bids for 23,42,55,888 stocks in opposition to 88,37,407 stocks on trade in, at 13:00 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 12:45 IST
DOMS Industries IPO subscription situation is 23.93 instances at 12:45 IST.
DOMS IPO retail traders portion has been subscribed 55.44 instances, NII portion is subscribed 44.42 instances, and Certified Institutional Patrons (QIB) portion is booked 3.20 instances. The worker portion used to be subscribed 23.18 instances.
DOMS IPO has gained bids for 21,14,88,894 stocks in opposition to 88,37,407 stocks on trade in, at 12:45 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 12:30 IST
DOMS Industries IPO subscription situation is 22.81 instances at 12:30 IST.
DOMS IPO retail traders portion has been subscribed 54.38 instances, NII portion is subscribed 42.79 instances, and Certified Institutional Patrons (QIB) portion is booked 2.31 instances. The worker portion used to be subscribed 22.79 instances.
DOMS IPO has gained bids for 20,16,20,664 stocks in opposition to 88,37,407 stocks on trade in, at 12:30 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 12:15 IST
DOMS Industries IPO subscription situation is 22.36 instances at 12:15 IST.
DOMS IPO retail traders portion has been subscribed 53.78 instances, NII portion is subscribed 42.17 instances, and Certified Institutional Patrons (QIB) portion is booked 1.99 instances. The worker portion used to be subscribed 22.53 instances.
DOMS IPO has gained bids for 19,76,46,084 stocks in opposition to 88,37,407 stocks on trade in, at 12:15 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 12:00 IST
DOMS Industries IPO subscription situation is 21.09 instances at 12:00 IST.
DOMS IPO retail traders portion has been subscribed 52.70 instances, NII portion is subscribed 39.55 instances, and Certified Institutional Patrons (QIB) portion is booked 1.30 instances. The worker portion used to be subscribed 21.89 instances.
DOMS IPO has gained bids for 18,63,38,538 stocks in opposition to 88,37,407 stocks on trade in, at 12:00 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 11:45 IST
DOMS Industries IPO subscription situation is 20.76 instances at 11:45 IST.
DOMS IPO retail traders portion has been subscribed 51.93 instances, NII portion is subscribed 38.87 instances, and Certified Institutional Patrons (QIB) portion is booked 1.30 instances. The worker portion used to be subscribed 21.60 instances.
DOMS IPO has gained bids for 18,34,64,388 stocks in opposition to 88,37,407 stocks on trade in, at 11:45 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 11:30 IST
DOMS Industries IPO subscription situation is 20.23 instances at 11:30 IST.
DOMS IPO retail traders portion has been subscribed 50.77 instances, NII portion is subscribed 37.72 instances, and Certified Institutional Patrons (QIB) portion is booked 1.30 instances. The worker portion used to be subscribed 20.97 instances.
DOMS IPO has gained bids for 17,87,99,706 stocks in opposition to 88,37,407 stocks on trade in, at 11:30 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 11:15 IST
DOMS Industries IPO subscription situation is nineteen.97 instances at 11:15 IST.
DOMS IPO retail traders portion has been subscribed 50.07 instances, NII portion is subscribed 37.21 instances, and Certified Institutional Patrons (QIB) portion is booked 1.30 instances. The worker portion used to be subscribed 20.75 instances.
DOMS IPO has gained bids for 17,64,57,456 stocks in opposition to 88,37,407 stocks on trade in, at 11:15 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 11:00 IST
DOMS Industries IPO subscription situation is nineteen.74 instances at 11:00 IST.
DOMS IPO retail traders portion has been subscribed 49.35 instances, NII portion is subscribed 36.85 instances, and Certified Institutional Patrons (QIB) portion is booked 1.30 instances. The worker portion used to be subscribed 20.44 instances.
DOMS IPO has gained bids for 17,44,37,316 stocks in opposition to 88,37,407 stocks on trade in, at 11:00 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 10:45 IST
DOMS Industries IPO subscription situation is nineteen.07 instances at 10:45 IST.
DOMS IPO retail traders portion has been subscribed 48.42 instances, NII portion is subscribed 35.19 instances, and Certified Institutional Patrons (QIB) portion is booked 1.21 instances. The worker portion used to be subscribed 20.05 instances.
DOMS IPO has gained bids for 16,85,29,752 stocks in opposition to 88,37,407 stocks on trade in, at 10:45 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 10:30 IST
DOMS Industries IPO subscription situation is eighteen.40 instances at 10:30 IST.
DOMS IPO retail traders portion has been subscribed 47.17 instances, NII portion is subscribed 33.57 instances, and Certified Institutional Patrons (QIB) portion is booked 1.21 instances. The worker portion used to be subscribed 19.50 instances.
DOMS IPO has gained bids for 16,26,02,514 stocks in opposition to 88,37,407 stocks on trade in, at 10:30 IST, consistent with knowledge from the BSE.
DOMS Industries IPO Year 3 Reside : DOMS IPO Subscription Condition at 10:09 IST
DOMS Industries IPO subscription situation is 16.22 instances at 10:09 IST.
DOMS IPO retail traders portion has been subscribed 44.08 instances, NII portion is subscribed 27.62 instances, and Certified Institutional Patrons (QIB) portion is booked 1.20 instances. The worker portion used to be subscribed 18.64 instances.
DOMS IPO has gained bids for 14,33,48,634 stocks in opposition to 88,37,407 stocks on trade in, at 10:09 IST, consistent with knowledge from the BSE.
DOMS IPO Reside Updates: Right here’s you all wish to find out about range metrics of key gamers
“Indian stationery and art materials market exported products valued about ₹5,732 crore in FY 23 to major export markets like USA. Many branded players are generating a significant share of their revenue through exports. Key players like DOMS have exported stationery products valued ₹258 crores in FY 23.
Key players in the industry generate a substantial share of their revenues from a single category. For example, players like Hindustan Pencils and Luxor generate ~60% and ~75% respectively of revenue from its largest category. On the other hand, DOMS generated only ~34% of revenue from its largest category in FY23, lowest among its peers, showcasing a de-risked business profile and headroom to grab market share across categories,” defined the corporate in its RHP.
DOMS IPO Reside Updates: Take a look at DOMS Industries vital expenditures
As in line with the corporate’s RHP, upholding and making improvements to the popularity in their emblem would possibly necessitate considerable monetary outlays and investments in domain names like analysis and building, media and publicity-driven promoting and advertising, and team of workers building and coaching.
DOMS IPO Reside Updates: Take a look at DOMS Industries IPO Key Dangers sooner than making an investment
First, a few of the many dangers, the corporate faces the chance of product focus, wherein a large portion—60.23 %, 59.06%, 59.54%, and 62.12% of our Improper Product Gross sales in Fiscals 2021, 2022, and 2023, in addition to the six months that ended on September 30, 2023, respectively—used to be derived from the sale of our key merchandise. In a similar fashion, a large portion—36.99%, 33.35%, 31.66%, and 32.49% of our Improper Product Gross sales in Fiscals 2021, 2022, and 2023, respectively—is due to the sale of “wooden pencils.”
Any let fall within the rude gross sales of the key merchandise, in particular “wooden pencils,” will have a adverse affect at the corporate’s operations, monetary status, and industry effects.
Distribution chance is any other, as the corporate’s rude gross sales in every of the endmost 3 fiscal years and the six months finishing September 30, 2023, have been in large part (greater than 70.00%) dependent at the “general trade” distribution community. Useless control in their “general trade” distribution community may negatively impact their operations, monetary status, and industry.
DOMS IPO Reside Updates: Brokerage Geojit Monetary Products and services provides ‘Subscribe’ score
“On the higher worth band of Rs.790, DOMS is to be had at a P/E of 32x (FY24E annualised), which is seems to be moderately priced. Taking into consideration its sturdy emblem recall, broad product dimension, multi-channel pan Bharat distribution community, emphasis on R&D, brownfield and inexperienced grassland expansions, upper govt spending on schooling & literacy, and fast industry enlargement, we assign a“Subscribe” rating on a short-term basis,” the brokerage mentioned.
DOMS IPO Reside Updates: Reliance Securities recommends ‘ Subscribe’. Right here’s why
“DOMS Industries Ltd has a wide product range with strong market positioning of 29% market share in pencils and 30% in instrument boxes with in house manufacturing, innovative driven R&D activities creating value products for the growing kids and young adults. It has improved its market share by 50% from 8% to 12% in FY23 capitalising inorganic growth opportunities through expansions and acquisitions.
The industry is expected to grow at 13.6% with a higher share of branded players improving by 36% to 43% over the next five years as per leading industry Technopak reports expectations.
We believe DIL has the widest range of products among its peers, strategic partnership with FILA for product know-how and increasing the exports market share, experienced promoters by a strong professional team are the key investment positives. Therefore we recommend a SUBSCRIBE to the issue,” the brokerage mentioned.
DOMS IPO Reside Updates: DOMS Industries IPO reservation main points
DOMS Industries IPO has reserved no longer not up to 75% of the stocks within the nation factor for Certified Institutional Patrons (QIB), no more than 15% for Non Institutional Buyers (NII), and no more than 10% of the trade in is reserved for Retail Buyers. A cut price of ₹75 in line with fairness percentage is being introduced to eligible staff biding within the worker reservation portion.
DOMS IPO Reside Updates: DOMS Industries IPO date 2 subscription main points
DOMS Industries IPO gained sturdy reaction from traders on Thursday, December 14, as the problem used to be subscribed 16.44 instances on the second one date of bidding.
DOMS Industries IPO gained certain reaction from retail traders, non-institutional traders (NIIS), and Certified institutional patrons (QIBs) on date 2. All of the 3 parts have been oversubscribed on the second one date.
On the second one date, the portion reserved for retail traders used to be subscribed 44.71 instances. The portion reserved for NIIs used to be subscribed 27.38 instances. The portion reserved for QIBs used to be subscribed 1.24 instances. The worker portion used to be subscribed 17.85 instances.
DOMS IPO Reside Updates: Right here’s what GMP tendencies point out forward of the problem opening on date 3
DOMS IPO GMP nowadays or gray marketplace top rate is +530. This means DOMS percentage worth have been buying and selling at a top rate of ₹530 within the gray marketplace, consistent with investorgain.com.
Taking into consideration the higher finish of the IPO worth band and the flow top rate within the gray marketplace, the estimated list worth of DOMS percentage worth is ₹1,320 apiece, which is 67.09% upper than the IPO worth of ₹790.
In keeping with endmost 14 classes gray marketplace actions, nowadays IPO GMP issues upward and expects a robust list. The bottom GMP is ₹0, date the very best GMP is ₹530, as in line with investorgain.com analysts.
‘Gray marketplace top rate’ signifies traders’ readiness to pay greater than the problem worth.
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