In this article, we will share all the details that you need to know about DOMS Industries IPO. As the investors seem to be very excited to subscribe to DOMS Industries, it has become an obligation for us to provide you with all the imperative details of DOMS Industries IPO such as GMP, Listing Price, Subscription Date, and more. You can consider this article as a one-stop place if you are seeking any details related to DOMS Industries IPO. In addition, we have also suggested whether you should buy or not DOMS Industries shares. Go through the article till the end for all the pivotal information regarding DOMS Industries IPO. Drag down the page.
DOMS Industries IPO To Debut On Dec 13 For Subscription
To note, the subscription for DOMS Industries IPO will start on Wednesday, December 13, 2023, i.e. four days from now. Furthermore, the IPO will be available to subscribe till Friday, December 15, 2023. Three days have been given to subscribe to this much-awaiting IPO of the year. Investors seem very excited to subscribe to DOMS Industries IPO because the GMP indicates a strong listing at a premium of Rs 385. Shift to the next section and find out more details.
The allocation of DOMS Industries IPO to anchor investors will be held on Tuesday, December 12, 2023. Speaking of the price band of the IPO, it is fixed in the range of Rs 750 to Rs 790 per equity share with a face value of 10. What about the lot size? The investors will have to buy at least 18 equity shares or in multiples of 18 equity shares thereafter, which means a lot of DOMS Industries consists of 18 equity shares. Kindly note that DOMS Industries will have a presence established in over 40 countries as of March 31, 2024. For its primary products, mathematical instrument boxes, and pencils, DOMS held a 30 percent and 29 percent market share in Fiscal 2023, respectively.
The earlier reports and market participants suggested that the shares of DOMS Industries were trading in the grey market even before the price band was set. DOMS IPO GMP today or DOMS grey market premium is +385, indicating DOMS share price offering a premium of Rs 385 in the grey market, according to investorgain.com. Investors can expect the estimated listing price of DOMS shares to be Rs 1,175 apiece, which is 48.73 percent higher than the IPO price of Rs 790 considering the upper end of the IPO price band and the current premium in the grey market.