Doms Industries IPO: Investors buy Rs 538 cr worth of shares via anchor book, issue opens on December 13

Doms Industries IPO opens on December 13

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Ahead of the Doms Industries IPO opening, institutional investors bought Rs 537.75 crore worth of shares in the company via anchor book on December 12. The offer will open for subscription on December 13 and close on December 15.

Several marquee investors such as Abu Dhabi Investment Authority, Optimix Wholesale Global Emerging Markets, Ashoka Whiteoak Emerging Markets, Fidelity Funds, Goldman Sachs, Theleme India Master Fund, and Belgrave Investment Fund participated in the anchor book of the public issue.

The stationary and arts products manufacturing company said it finalised the allocation of 68,06,961 equity shares to anchor investors for Rs 790 per share.

Domestic investors including SBI Mutual Fund, HDFC Mutual Fund, Nippon Life India, ICICI Prudential Mutual Fund, Aditya Birla Sun Life Trustee, Axis Mutual Fund, ICICI Prudential Life Insurance Company, Invesco India, SBI Life Insurance Company, Max Life Insurance Company, Tata Mutual Fund, and Tata AIA Life Insurance Company also invested in the company via the anchor book.

The company is planning to mop up Rs 1,200 crore via IPO, which comprises a fresh issuance of shares worth Rs 350 crore and an offer for sale (OFS) of shares worth Rs 850 crore by existing shareholders.

The price band for the offer has been fixed at Rs 750-790 per share.

Also read: Doms Industries IPO: 10 things to know before subscribing to Rs 1,200 crore issue

The IPO consists of a fresh issuance of shares worth Rs 350 crore by Doms, and an offer for sale (OFS) of Rs 850 crore worth of shares by Italy-based corporate promoter FILA- Fabbrica Italiana Lapised Affini SpA, and promoters.

Fabbrica Italiana will be selling Rs 800 crore worth of shares in the OFS. Moreover, Rs 25 crore worth of shares each will also be sold by promoters Sanjay Mansukhlal Rajani and Ketan Mansukhlal Rajani in the OFS.

Doms, the second largest player in India’s branded stationery and art products market with a market share of 12 percent by value in FY23, will spend Rs 280 crore of the net fresh issue proceeds for a new manufacturing facility to expand production capabilities for writing instruments, watercolour pens, markers and highlighters. The balance funds will be set aside for general corporate purposes.

Also read: DOMS Industries IPO: Should you subscribe to Rs 1,200 crore issue?

Doms Industries, which sells stationery and art products under its flagship brand DOMS, enjoys 29 percent and 30 percent market share in core products such as pencils and mathematical instrument boxes, respectively.