DOMS Industries IPO
DOMS Industries Limited (DOMS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 20 December 2023.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +73.0% (likely range +11% to +81%), day's high +73.6%, chance of a gain 97%. Actual: +77.2% at the open, +81.5% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 47,80,001 | 55,43,50,644 | 116x | |
| NII (HNI) total | 23,89,999 | 15,89,68,098 | 66.5x | |
| Big NII (above ₹10 lakh) | 15,93,333 | 10,78,01,100 | 67.7x | |
| Small NII (₹2-10 lakh) | 7,96,666 | 5,11,66,998 | 64.2x | |
| Retail | 15,93,333 | 11,10,05,370 | 69.7x | |
| Employees | 74,074 | 21,63,726 | 29.2x | |
| Total | 88,37,407 | 82,64,87,838 | 93.5x |
Bids on NSE and BSE together, as published by NSE, as of 15 Dec 2023, 07:00 PM. Shares offered exclude the anchor portion. 23% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to DOMS Industries's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Utkarsh Small Finance BankJul 2023 | 125x | 81.6x | 72.1x | 102x | ₹543 Cr | +60.0% | +92.0% |
| Ideaforge TechnologyJun 2023 | 126x | 80.6x | 85.2x | 106x | ₹567 Cr | +93.5% | +100.0% |
| Cyient DLMJun 2023 | 90.4x | 45.1x | 49.2x | 67.3x | ₹629 Cr | +52.1% | +61.1% |
| Gandhar Oil Refinery (India)Nov 2023 | 129x | 62.2x | 28.9x | 64.1x | ₹509 Cr | +76.3% | +103.6% |
| Dreamfolks ServicesAug 2022 | 70.5x | 37.7x | 43.7x | 56.7x | ₹562 Cr | +56.0% | +68.4% |
| EMSSep 2023 | 153x | 82.3x | 29.8x | 75.3x | ₹322 Cr | +33.7% | +37.9% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| JM Financial | 109 | +22.8% | 75% |
| BNP Paribas | 10 | +10.5% | 50% |
| ICICI Securities | 109 | +21.3% | 69% |
| IIFL Securities | 94 | +19.3% | 71% |
Offer documents (NSE)
Frequently asked
What is the DOMS Industries IPO price band and lot size? ₹750–790 per share, with a lot of 18 shares, so the smallest retail bid is ₹14,220.
How many times has it been subscribed? 93.5x overall: QIB 116x, NII 66.5x, retail 69.7x, employees 29.2x.
How did it list? It opened at ₹1,400, +77.2% against the issue price of ₹790, and closed its first day +67.8%.
