DOMS IPO day 2: Check subscription details, subscription link here

14 Dec 2023 , 12:39 PM

DOMS IPO has been subscribed 5.71 times with bids totaling 5.04 crore shares against the issue size of 88.37 lakh shares on day 1. The IPO demonstrated robust demand, fully subscribing within hours on its opening day, December 13. Click here to subscribe the IPO.

Subscription Highlights:

• The IPO garnered substantial interest, recording a subscription of 8.80 times.
• Retail investors showed remarkable enthusiasm, subscribing 27.77 times their allotted quota.
• Non-institutional investors (NII) displayed strong demand with bids reaching 13.51 times the allotted portion.
• Qualified Institutional Buyers (QIB) portion saw modest subscription at 0.06 times.
• The reserved employees’ portion attracted significant interest, oversubscribed by 12.67 times.

The IPO, slated to close on December 15, comprises a fresh issue of 44.3 lakh shares worth Rs 350 crore. Additionally, an Offer for Sale (OFS) of 1.07 crore shares is part of the IPO. FILA- Fabbrica Italiana Lapised Affini SpA, the corporate promoter, aims to offload shares worth Rs 800 crore in the OFS. The average cost of acquisition for these shares stands at Rs 101.53 each.

Promoters Sanjay Mansukhlal Rajani and Ketan Mansukhlal Rajani are set to sell shares worth Rs 25 crore each.