December 8, 2023
New Delhi, India
Overview of DOMS Industries IPO
DOMS Industries Limited is set to make history as the first mainboard IPO with T+3 listing, becoming mandatory from December 1, 2023. The IPO is scheduled to open on December 13, 2023, and conclude on December 15, 2023, aiming to raise ₹1200 crore.
Grey Market Premium and IPO Details
As per market observers, DOMS Industries Limited shares are trading at a premium of ₹170 in the grey market. The IPO, with a size of ₹1200 crore, includes ₹350 crore from fresh shares and ₹850 crore reserved for the offer for sale (OFS) route.
Also Read: Accent Microcell IPO Opens Today at ₹133-140; Company Aims for Expansion
Important Dates and Listing Information
- IPO Opens: December 13, 2023
- IPO Closes: December 15, 2023
- IPO Allotment Date: Expected on December 18, 2023
- Listing Date: Expected on December 20, 2023
Registrar and Utilization of Funds
Link Intime India Private Ltd is the appointed registrar for DOMS Industries IPO. The net proceeds of ₹350 crore from fresh issue will be utilized to establish a new manufacturing facility for expanding production capabilities and meeting corporate objectives.
In summary, both Accent Microcell and DOMS Industries IPOs can bring opportunities for investors, with each company aiming for growth and expansion in their respective sectors.
Disclaimer:
CurrencyVeda provides this news article for informational purposes only. We do not offer investment advice or recommendations. Before making any investment decisions, please conduct thorough research, consult with financial experts, and carefully consider your financial situation, risk tolerance, and investment goals. Investing in the stock market carries risks, and it’s essential to make informed choices based on your individual circumstances. CurrencyVeda is not liable for any actions taken based on the information provided in this article.
