About the Company:
In the lively domain of stationery and art goods, DOMS Industries Limited has established itself as a major player since its founding in 2006. This dynamic corporation extends beyond pencils and mathematical instrument cases; it stands as a symbol of innovation and excellence.
Global Presence and Market Leadership
As of March 31, 2023, DOMS Industries Limited proudly spans its influence across 40 nations, capturing an impressive 29% and 30% market stake in Fiscal 2023 for its primary offerings. This success resonates with its dedication to delivering perfection in every artistic endeavor.
Delving into the core of DOMS, the company unveils its varied offerings segmented into seven categories:
- Educational Stationery: Tools designed for academic excellence.
- Artistic School Supplies: Fostering creativity in educational pursuits.
- Paper Stationery: Enhancing the written word on high-quality paper.
- Bundles and Sets: Innovative packages for a comprehensive experience.
- Office Essentials: Meeting professional needs with precision.
- Hobbies and Crafts: Unleashing the artist within.
- Fine Arts Products: Elevating art to a higher plane.
IPO Objectives:
- Driving Expansion through Growth:
The net proceeds from the Fresh Issue, after accounting for offering expenses, are allocated to propel the expansion journey. A new production facility is on the horizon, geared towards augmenting manufacturing capabilities for writing tools, watercolor pens, markers, and highlighters.
- General Corporate Advancement
Beyond expansion, the net proceeds from the IPO are earmarked for general corporate objectives. DOMS Industries Limited is positioned not just for expansion but for sustained excellence.
Promoter Holding:
The minds behind this creative force are Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani, Chandni Vijay Somaiya, and Fabbrica Italiana Lapis ed Affini S.p.A. Their dedication is evident in the shareholding dynamics: pre-issue at 100%, post-issue at 74.97%.
Summary of Financial Information:
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 829.46 | 639.78 | 497.46 | 457.52 |
| Revenue | 764.22 | 1,216.52 | 686.23 | 408.79 |
| Profit After Tax | 73.91 | 102.87 | 17.14 | -6.03 |
| Net Worth | 397.61 | 337.43 | 247.25 | 233.61 |
| Reserves and Surplus | 341.36 | 337.06 | 246.87 | 233.24 |
| Total Borrowing | 176.38 | 100.07 | 84.90 | 97.27 |
Key Performance Indicators:
| KPI | Values |
|---|---|
| P/E (x) | 43.19 |
| Market Cap (₹ Cr.) | 4793.77 |
| ROE | 33.54% |
| ROCE | 33.31% |
| Debt/Equity | 0.28 |
| EPS (Rs) | 18.29 |
| RoNW | 28.39% |
Comparison with Peers:
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) |
|---|---|---|---|---|---|
| DOMS Industries Limited | 18.29 | 18.29 | 59.99 | 43.19 | 28.39 |
| Kokuyo Camlin Limited | 2.44 | 2.44 | 26.18 | 64.14 | 9.31 |
| Linc Limited | 25.15 | 25.15 | 119.16 | 28.15 | 21.10 |
| Navneet Education Limited | 9.04 | 9.04 | 17.78 | 15.86 | 17.78 |
| Flair Writing Industries Limited | 12.66 | 12.66 | 27.18 | 35.76 | 27.18 |
Key IPO Details:
| IPO Date | 13th December, 2023 to 15th December, 2023 |
| Listing Date | 20th December, 2023 |
| Face Value | Rs. 10 per share |
| Price Band | Rs. 750 to Rs. 790 per share |
| Lot Size | 18 Shares |
| Total Issue Size | 15,189,873 shares (aggregating up to Rs. 1,200.00 Cr) |
| Fresh Issue | 4,430,380 shares (aggregating up to Rs. 350.00 Cr) |
| Offer for Sale | 10,759,493 shares of Rs. 10 (aggregating up to Rs. 850.00 Cr) |
| GMP | Rs. 500 ( 63.29%) [Only for information purpose] |
Note: For additional information & risk factors please refer to the Red Herring Prospectus
Disclaimer: We are not SEBI registered. All the views are personal and only for educational purposes. Do your due diligence before making any trading or investing decisions. The data provided in this blog post is for illustrative purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making investment decisions.
Join our WhatsApp Group for Trading/Investment ideas & Market Updates 👇
