DOMS Industries Limited has come up with an IPO. In this video, Our Research Analyst Siddhesh Mehta shares with us a complete overview of the company, its business, and the ongoing IPO. So, watch the video to know if the IPO is worth investing in.
IPO Details:
IPO Date: December 13, 2023 to December 15, 2023
Face Value: Rs. 10/- per share
Price Band: Rs. 750 to Rs. 790 per share
Lot Size: 18 shares and in multiples thereof
Issue Size: Rs. 1,200 Crores
Fresh Issue – Rs. 350 Crores
Offer for Sale – Rs. 850 Crores
Expected Post-Issue Market Cap
Rs. 4,794 Crores (At upper price band)
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About the company:
DOMS Industries specializes in the design, development, manufacturing, and global distribution of a diverse range of stationery and art products, prominently marketed under the flagship brand DOMS. It is the second largest player in India’s branded stationery and art products market, with a market share of approximately 12%, as of Fiscal 2023. The company’s keen focus on research and development (R&D), product engineering, and backward integrated manufacturing, operations, combined with its multichannel pan-India distribution network has enabled it to achieve a strong brand recall amongst consumers. DOMS Industries offers meticulously crafted and high-quality stationery and art materials across seven distinct categories: scholastic stationery, scholastic art material, paper stationery, kits and combos, office supplies, hobby and craft, and fine art products. It undertakes manufacturing operations from facilities located in Umbergaon, Gujarat, and Bari Brahma, in Jammu and Kashmir. As of September 30, 2023, its extensive multi-channel distribution network extends across the globe, reaching over 45 countries in America, Africa, Asia Pacific, Europe, and the Middle East. Within the domestic market, the company employs a diversified sales approach, reaching consumers through general trade, modern trade, and e-commerce, as well as original equipment manufacturers (OEM) and institutions.
Timeline:
00:00 - Introduction
00:16 - Business Overview
00:46 - IPO Details
01:09 - Objectives of the issue
01:21 - Key Strengths and Opportunities
01:58 - Risks
02:32 - Financial Snapshot
02:41 - Conclusion
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