DOMS IPO GMP Price, Lot Size Update: DOMS Industries, The second-largest maker of pencils and writing instruments has decided price band at Rs 750-790 for its upcoming initial public offering (IPO). The public offering, which will open for subscriptions from December 13 to December 15, is getting huge buzz in the grey market even before its launch.
The company's Rs. 1,200 crore IPO comprises a fresh issue of Rs. 350 crore and Rs. 850 crore as Offer for Sale (OFS). The DOMS IPO is likely to be listed on both BSE and NSE on December 18, while the share allotment will be done on December 16.
DOMS Industries IPO GMP
As per media sources, the unlisted shares of DOMS Industries are currently trading at a premium of Rs 400 over its issue price in the grey market. The 'grey market premium' refers to investors' willingness to pay more than the issue price.
DOMS Industries IPO lot size
Investors have to buy a minimum of 18 shares worth Rs 14,220 to apply for an IPO. The minimum lot size investment for NII is 15 lots (270 shares), totaling Rs 2,13,300.
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