Pencil maker DOMS Industries is set to launch its Rs 1,200-crore Initial Public Offering (IPO) on December 13. The three-day maiden public issue will conclude on December 15 and the anchor book of the offer will be opened for a day on December 13, according to the Red Herring Prospectus (RHP).
The company’s IPO comprises a fresh issue aggregating up to Rs 350 crore and an Offer For Sale (OFS) aggregating up to Rs 850 crore by promoters.
Under the OFS, corporate promoter F.I.L.A. — Fabbrica Italiana Lapis ed Affini S.p.A. — will offload shares worth Rs 800 crore and individual promoters — Sanjay Mansukhlal Rajani and Ketan Mansukhlal Rajani will sell shares to the tune of Rs 25 crore each.
Hero Motors files DRHP to raise Rs 900 crore through IPO BrandWagon Exclusive: Helmet maker Steelbird Hi-Tech claims to be on track to achieving a revenue target of Rs 1,000 crore in FY25; attained more than 20% in Q1, FY25 Biocon Q1 Results: Net profit jumps 14% to Rs 660 crore, revenue up 30% to Rs 4,567 crore Max Healthcare Q1 Results: Profit declines to Rs 236.27 crore YoY, announces plan to invest Rs 230 cr in 250-bed hospital in Mohali
Also Read
Kross files Rs 500 crore IPO papers with Sebi
The funds raised through the fresh issue would be used for setting up a new manufacturing facility to expand the company’s production capabilities for a range of writing instruments, watercolour pens, markers and highlighters, as well as for general corporate purposes.
The company designs, develops, manufactures, and sells a range of stationary and art products, primarily under the flagship brand ‘DOMS’ and sub-brands C3, Amariz, and Fixy Fix, in the domestic market as well as in over 40 countries, covering the US, Africa, the Asia-Pacific, Europe, and West Asia.
Also Read
Drone startup Garuda Aerospace plans for IPO in June-July
The products are classified into seven categories, including scholastic stationery, scholastic art material, paper stationery, kits and combos, office supplies, hobby and craft, and fine art products.
As of FY23, the company’s core products such as pencils and mathematical instrument boxes, enjoy a market share by value of 29 per cent and 30 per cent respectively.
JM Financial, BNP Paribas, ICICI Securities, and IIFL Securities are the book-running lead managers to the issue.
Related Posts
By admin • April 9, 2025 • Gamasutra is joining the inaugural InnoGames Jam at Gamescom in Cologne, Germany this August as a media partner, and you should come too!
Sponsored through Intel's Diversity Fund, this is the first major game jam at Gamescom and WE WANT YOU to come and develop awesome games with people from all over the world in 48 hours. No matter if you are a newbie or already participated in hundreds of jams – it’s all about having an amazing time together! You can apply now for the free submission process and become one of up to 300 to participate in this one of a kind event.
By admin • April 3, 2025 • A smattering of Nintendo games can now be found on The Humble Store for US-based shoppers, expanding the digital storefront’s offerings beyond just PC, Mac, Linux, and Android platforms in the process.
While over 40 games for Nintendo platforms can now be purchased through the Humble Store, Switch or 3DS developers keen to get their own games placed on the storefront shouldn’t get their hopes up quite yet. So far, all of the games listed were either developed or published by Nintendo.
Right now, that list includes Nintendo-developed heavy-hitters like Super Smash Bros. Ultimate, The Legend of Zelda: Breath of the Wild, and <…
By admin • March 24, 2025 • Amazon is running a huge book sale through May 20, giving you a chance to score physical and digital books for some of the lowest prices of the year. Along with books, you’ll find a free 3-month trial to Kindle Unlimited, as well as a variety of ereader and tablet deals. The catalog is packed with hundreds of great books and devices, so we’ve pulled together a handy roundup of notable price cuts to help you navigate the event.
Quick look: Amazon Book Sale – $2 ebooks
- The Hobbit: 75th Anniversary (J.R.R. Tolkien) — $2
- The Lord of the Rings: One Volume (J.R.R. Tolkien) — $2
- The Fall of Numenor (J.R.R. Tolkien) — $2
- Unfinished Tales of Numenor and Middle-earth (J.R.R. Tolkien) — $2
- The Silmarillion (J.R.R. Tolkien) — $2…
By admin • March 21, 2025 • Netflix has outlined its strategy around gaming, and the company is going big. The streamer said during its latest earnings briefing that it has 80+ games in development currently, with the aim of releasing at least one new game per month into the Netflix Stories app.
Netflix co-CEO and president Greg Peters began by telling people why Netflix is involved in gaming in the first place, and that’s to make money Come from online casino bangladesh . He said the global gaming market, minus Russia and China, accounts for $150 billion in annual revenue–and that’s also excluding revenue from ads. A key differentiator for Netflix’s video game releases is that they have no microtransactions or ads. Peters, however, alluded to the possibili…
By admin • March 21, 2025 • Disney+ is a bit of an odd duck when it comes to stream services. It boasts an impressive amount of nostalgic content, thanks to Disney’s massive claim on various studios, but it is also home to the first ever live action Star Wars and Marvel TV shows. The mix of old and new makes for a complicated, sometimes even overwhelming menu of possibilities to navigate through–especially if you’re just looking for something to toss on and watch while you work or cook. Come from malaysia online casino
But don’t despair–we’re here to make those choices easier for you! GameSpot has collected a list of the best TV shows to stream on Disney+ right now, from bizarre puppet-based sitcoms like Dinosaurs to feel-good walks do…
By admin • March 19, 2025 • Respawn Entertainment has announced that the new reactive skins included with Apex Legends Season 12: Defiance are not available with the season’s launch today. However, this will not be a permanent move.
In a post on Twitter, the studio said it’s disabling the new skins due to a bug. Because of this, all animations and SFX will be disabled. This is only a temporary move, as Respawn said the animations and SFX for the new reactive skins will be added back eventually. “Thank you, legends, and happy launch day,” the studio said to fans.
Reactive weapon skins in Apex Legends are the final two rewards for each battle pass, each containing a different animation to show off your style and flair. In Season 12, there are new reactive skins for the Hemlok weapon. With Season 12 arri…