DOMS Industries, the fourth-highest subscribed Indian IPO in 2023, makes its debut on the market with a 77% premium.
DOMS Industries, the fourth-highest subscribed Indian IPO in 2023, makes its debut on the market with a 77% premium.
DOMS Industries, a company specializing in the design, development, and manufacturing of stationery and art products, marked a robust entry into the stock market by listing at ₹1,400 per share. This represents an impressive 77% premium over its initial public offering (IPO) price of ₹790 per share. The IPO of DOMS Industries garnered significant investor interest, being subscribed 99.34 times, making it one of the most sought-after IPOs in 2023, trailing only Plaza Wires, Utkarsh Small Finance Bank, and IdeaForge Technology.
Notably, for an IPO exceeding ₹1,000 crore, DOMS Industries achieved the highest subscription rate of the year. The IPO, valued at ₹1,200 crore, witnessed bids totaling ₹65,000 crore, underscoring the strong market confidence and demand for the company's shares.
DOMS Industries IPO
Stationery and art products manufacturer
Stock market debut
IPO listing premium
Share price at listing
IPO subscription rate
Most subscribed IPOs 2023
Plaza Wires IPO
Utkarsh Small Finance Bank IPO
IdeaForge Technology IPO
Investor interest in IPOs
DOMS Industries valuation
IPO bid amounts
Market confidence in DOMS Industries
Strong debut on the bourses
IPO pricing strategy
Market trends in 2023 IPOs
Financial performance of DOMS Industries
Large IPO subscriptions in 2023
Investor demand for DOMS Industries shares.
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