About – Doms
Doms IPO – Review
Doms company founded in 1976 (as R.R. Industries), launched the DOMS brand in 2005. headquarters in Valsad, Gujarat, India
Doms is a leading Indian manufacturer of stationery and art materials. Doms has a strong presence in India and their products are well-known among students and artists
DOMS IPO listed at a price of ₹790 per share and the current price as of today, March 29, 2024 is ₹1563.00 DOMS IPO has shown a growth of approximately 97.85% since its listing date.
Doms Products: Pencils, pens, crayons, sharpeners, erasers, geometry boxes, mathematical instruments, and more.
Pencil sales : Doms has a 29% market share in pencil sales, which means that every third pencil sold is a Doms pencil.
Doms strength Product innovation : Pencils used to be made with graphite. Doms innovated by mixing polymer with graphite to create a polymer-based pencil that was smoother to write with.Another innovation is that Doms pencils are triangular in shape, which provides a better grip and prevents pain in children’s hands when writing for long periods of time.
A third innovation is that Doms pencils come in a wide variety of vibrant colors, whereas pencils only came in one or two colors at that time.
Doms strength – Diversified portfolio, which includes pencils, erasers, sharpeners, color kits, fine arts , highlighters and more.31% of total revenue comes only from pencils, and the remaining 69% comes from other products.Doms has a total of 3,770 SKUs classified into seven categories.
79% of revenue comes from India, 21% of revenue comes from exports, and Doms has a presence in over 40 countries.
Fourth innovation: “DOMS NEON ERASER TIPPED. This is a circular pencil by Doms with an eraser attached, making it more appealing to children.”
Doms IPO Details
Doms IPO Details :
The current Market Cap of Doms is 94.48 billion INR
DOMS IPO provided a listing gain of ₹610 per share, which translates to a significant percentage gain of 77.2% over the IPO price.
Weakness – The margin is very low. There is a 2.5% and 8% margin.
| IPO Date | December 13, 2023 to December 15, 2023 |
| Listing Date | December 20, 2023 |
| Face Value | ₹10 per share ₹10 per share |
| Price Band | ₹750 to ₹790 per share |
| Lot Size | 18 Shares |
| Total Issue Size | 15,189,873 shares(aggregating up to ₹1,200.00 Cr) |
| Fresh Issue | 4,430,380 shares(aggregating up to ₹350.00 Cr) |
| Offer for Sale | 10,759,493 shares of ₹10(aggregating up to ₹850.00 Cr) |
| Employee Discount | Rs 75 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 56,250,218 |
| Share holding post issue | 60,680,598 |
Doms Profile
| Sector | Producer Manufacturing |
| Industry | Office Equipment/Supplies |
| Employees (FY) | 8584 |
| Doms details | DOMS Industries Ltd. engages in the business of selling stationery and art products. It designs, develops, manufactures, and sells a range of products under the brand ‘DOMS’. Its products include pencils & accessories, drawing, coloring, crafts, hobbyist, fine art, markers, highlighters, mathematical drawing instruments, paper stationary, pens, writing instruments and gifting. The company was founded by Rasiklal Amritlal Raveshia and Mansukhlal Jamnadas Rajani in 1975 and is headquartered in Umbergaon, India. |
Doms IPO Reservation
| Investor Category | Shares offered | Maximum Allottees |
| Anchor Investor Shares Offered | 6,806,961 (45.00%) | NA |
| QIB Shares Offered | 4,537,975 (30.00%) | NA |
| NII (HNI) Shares Offered | 2,268,987 (15.00%) | |
| bNII > ₹10L | 1,512,658 (10.00%) | 5,602 |
| sNII < ₹10L | 756,329 (5.00%) | 2,801 |
| Retail Shares Offered | 1,512,658 (10.00%) | 84,036 |
| Total Shares Offered | 15,126,581 (100%) |
Doms IPO Listing Details
| Listing Date | December 20, 2023 |
| BSE Script Code | 544045 |
| NSE Symbol | DOMS |
| ISIN | INE321T01012 |
| Final Issue Price | ₹790 per share |
Doms IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 18 | ₹14,220 |
| Retail (Max) | 14 | 252 | ₹199,080 |
| S-HNI (Min) | 15 | 270 | ₹213,300 |
| S-HNI (Max) | 70 | 1,260 | ₹995,400 |
| B-HNI (Min) | 71 | 1,278 | ₹1,009,620 |
Doms Listing Day Trading Information
| Price Details | BSE | NSE |
| Final Issue Price | ₹790.00 | ₹790.00 |
| Open | ₹1,400.00 | ₹1,400.00 |
| Low | ₹1,302.05 | ₹1,302.00 |
| High | ₹1,434.25 | ₹1,434.00 |
| Last Trade | ₹1,330.85 | ₹1,326.05 |
Doms Stock Buy or not
The price band of the IPO was ₹750 to ₹790 per share.The IPO was subscribed 99.34 times.The listing price was ₹1400, which is 77.22% higher than the issue price.
“I think Doms has given very good growth since the listing date. It could be a good investment.”
Doms financials of 3 Years (revenue and profit)
| Revenue | |
| Year 2021 | ₹408 crore |
| Year 2022 | ₹686 crore 1.5X increase |
| Year 2023 | ₹1216 crore 3X Growth in 3 Years. |
| Profit | |
| Year 2021 | ₹6 crore loss |
| Year 2022 | ₹17 crore profit |
| Year 2023 | ₹100 crore profit |
| Margin | |
| Year 2021 | -1.5% |
| Year 2022 | 2.5% |
| Year 2023 | 8.5% |
ROCE – Return on Capital employed (%) – 33.31%
Debt to equity Ratio – 0.28
ROE (Return on equity) – 33.54%
RoNW (Return on Net Worth)- 28.39%
Disclaimer: This is not financial advice, this is only my opinion. Please do your own research and talk to a financial advisor before making any investment decisions.
FAQ?
Q: Is DOMS a listed company?
Ans. Doms raised ₹1,200 crore (US$150 million) through its initial public offering (IPO) and debuted on both the BSE and NSE stock exchanges.
Q: What is the DOMS IPO price?
Ans. DOMS ipo price – ₹790
Q: Is it good to invest in DOMS?
Ans.Doms’ stock price has surged since its IPO, suggesting strong post-listing performance. It could be worth considering for your portfolio. Disclaimer: This is not financial advice, this is only my opinion. Please do your own research and talk to a financial advisor before making any investment decisions.
Q: Is DOMS debt free company?
Ans. DOMS may have some debt, it’s a very small amount compared to its equity, making it financially stable. Debt to equity Ratio – 0.28
Q: Is DOMS profitable?
Ans. Yes, Doms Industries consolidated net profit rises 46.32% in the December 2023 quarter.
Q: What is NSE AND BSE?
Ans. BSE stands for Bombay Stock Exchange, and NSE stands for National Stock Exchange.
Q: What was the minimum lot size for the Doms IPO?
Ans. The minimum lot size for the Doms IPO was 18 shares.
Q: Who are the competitors of DOMS in India?
Ans. Kokuyo Camlin, Hindustan Pencils (owner of Apsara and Natraj brands) and more.
Q: What is the net profit of DOMS in 2023?
Ans. Quarterly Net Profit at Rs. 35.26 crore in December 2023 up 47.44% from Rs. 23.91 crore in December 2022.
Q: What is the future growth of DOMS?
Ans. Doms future Growth: earnings and revenue by 20.5% and 19.6% per annum respectively. EPS is expected to grow by 19% per annum. Return on equity is forecast to be 19.8% in 3 years.
Q: What is SKU’s?
Ans. SKU stands for Stock Keeping Unit. It’s a unique identifier assigned to a product by a retailer or manufacturer to track inventory. Think of it as a product’s own special code that helps businesses keep tabs on how much stock they have, what needs to be reordered, and how different variations of a product (like different colors or sizes) are selling.
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