20 Dec 2023

DOMS Industries makes stellar debut on the BSE; list with 77% premium

DOMS Industries has debuted at Rs 1400.00 on the BSE, up by 610.00 points or 77.22% from its issue price of Rs 790.

The scrip is currently trading at Rs 1404.00, up by 614.00 points or 77.72% from its issue price. It has touched a high and low of Rs 1434.25 and Rs 1354.70 respectively. So far 5.06 lakh shares were traded on the counter.

The offering, which was open for subscription between December 13, 2023 and December 15, 2023 was subscribed 99.34 times. The issue price was fixed at Rs 790 per share i.e. at upper end of price band of Rs 750-790 apiece. 

DOMS Industries offers well-designed and quality ‘stationery and art material’ products to consumers, which it classifies across seven categories: scholastic stationery; scholastic art material; paper stationery; kits and combos; office supplies; hobby and craft; and fine art products.