DOMS Industries IPO: Check allotment standing, GMP at present.
Unlisted shares of DOMS Industries are at present buying and selling Rs 530 increased within the gray market, which is a 67.09 per cent itemizing achieve from the general public subject
The share allotment of DOMS Industries IPO, which was open for public subscription between December 13 and December 15, can be finalised on Monday, December 18. The Rs 1,200-crore IPO obtained 93.40 subscription, getting bids for 82,54,54,404 shares in opposition to 88,37,407 shares on provide.
The IPO was absolutely subscribed inside hours of its opening on December 13. Its itemizing will happen on each BSE and NSE on December 20.
DOMS Industries IPO: How To Check Allotment Status
Once the IPO allotment is finalised, the standing may be checked by following these steps:
1) Go to the official BSE web site by way of the URL —https://www.bseindia.com/investors/appli_check.aspx.
2) Under ‘Issue Type’, choose ‘Equity’.
3) Under ‘Issue Name’, choose ‘DOMS Industries Limited’ within the dropbox.
4) Enter your utility quantity, or the Permanent Account Number (PAN).
5) Then, click on on the ‘I am not a robot’ to confirm your self and hit ‘Search’ possibility.
Your share utility standing will seem on your display.
You can even go to direct Link Intime portal — linkintime.co.in/mipo/ipoallotment.html and verify DOMS Industries IPO allotment standing.
DOMS Industries IPO GMP Today
According to market observers, unlisted shares of DOMS Industries are at present buying and selling Rs 530 increased within the gray market as in contrast with its subject value. The Rs 530 gray market premium or GMP means the gray market is anticipating a 67.09 per cent itemizing achieve from the general public subject. The GMP relies on market sentiments and retains altering.
‘Grey market premium’ signifies buyers’ readiness to pay greater than the problem value.
DOMS Industries IPO Details
The IPO was a recent subject of as much as Rs 350 crore and a proposal on the market of Rs 850 crore. The value vary for the provide was Rs 750-790 a share.
The IPO of DOMS Industries bought absolutely subscribed inside hours of opening for bidding on Wednesday and eventually ended the day with 5.71 occasions subscription.
DOMS Industries has raised Rs 538 crore from anchor buyers. Funds raised by way of the recent subject can be used for establishing a brand new manufacturing facility to develop the corporate’s manufacturing capabilities for a spread of writing devices, watercolour pens, markers and highlighters in addition to for basic company functions.
JM Financial, BNP Paribas, ICICI Securities Ltd and IIFL Securities have been the managers to the provide.
