DOMS to raise ₹1,200 cr via IPO: Journey, investors and everything you need to know

Dec 8, 2023

By: Sourabh Jain

DOMS Industries IPO

DOMS Industries is all set to kick off its ₹1,200 crore initial public offering (IPO) from December 13. The company has fixed a price band of ₹750-790 per share.

Credit: Canva

What does DOMS Industries do?

DOMS Industries is one of the country’s largest stationery manufacturers. The company designs, develops and manufactures a wide range of stationery and art products.

Credit: JioMart

F.I.L.A

Italy’s F.I.L.A (Fabbrica Italiana Lapis ed Affini) is the corporate promoter of the company with a 51 percent shareholding. FILA is selling shares worth ₹800 crore as part of the IPO.

Credit: FILA

Humble beginnings

DOMS Industries began its journey as RR Industries in 1975 in Umbergaon, Gujarat as an original equipment manufacturer for other brands.

Credit: DOMS-Industries

Founders

RR Industries was founded by Rasikbhai Raveshia and the late Mansukhlal Rajani.

Credit: DOMS-Industries

How DOMS Industries began

DOMS Industries is the brainchild of Santosh Raveshia, the son of Rasikbhai Raveshia. The DOMS brand was launched in 2005.

Credit: DOMS-Industries

Innovation

To stand out in the highly competitive market, DOMS Industries has done innovations such as using a triangular pencil that is comfortable to use and using a polymer and graphite combination to make stronger lead.

Credit: JioMart

Current operations

DOMS Industries sells its products in over 40 countries and has over 3,770 SKUs. The company has 11 manufacturing facilities in India.

Credit: DOMS-Industries

Employees and India presence

DOMS Industries has a workforce of over 7,850 employees and has a pan-India presence through over 100 stockists.

Credit: Canva

Rivals

DOMS Industries competes with Kokuyo Camlin and Hindustan Pencils, which owns Apsara and Natraj.

Credit: Kokuyo-Camlin

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