DOMS Industries, India’s second largest pencil manufacturing company after Hindustan Pencils, is preparing to launch its Initial Public Offering (IPO) of Rs 1200 crore. The company has filed all the documents and draft papers with SEBI for the IPO.
The company has filed draft papers with market regulator SEBI for a total issue of Rs 1200 crore. According to the draft red herring prospectus (DRHP), the company’s IPO comprises a fresh issue of up to Rs 350 crore and an offer-for-sale by promoters worth up to Rs 850 crore.
The company will use the funds raised through IPO for manufacturing a series of instruments, watercolor pens, markers as well as for general corporate purposes. They are also planning to expand their production capabilities and set up a new manufacturing unit.
DOMS Industries products and manufacturing facilities
DOMS Industries designs, develops and manufactures a wide range of stationery and art products. The company mainly manufactures products in these categories –
- Educational Stationary
- Art Materials
- Paper Stationary
- Kits & Combos
- Office Supplies
- Hobbies & Crafts
- Fine Art.
- Their main products are pencils and mathematical instrument box.
The company has 11 manufacturing facilities available at Umargaon, Gujarat and Bari Brahma, Jammu and Kashmir. Along with the domestic market, the company’s products are sold in more than 40 countries internationally. This shows that the company’s products are of very good quality and the demand outside is also high.
DOMS is a Indian multinational company that manufacturer stationery products and Office Supplies. It was started in 1976 and located in Umbergaon, Gujarat. DOMS company has 30% market share in pencils and mathematical instrument boxes market.
Hindustan Pencils: India’s largest pencil maker
Hindustan Pencils private Limited is the India’s largest pencil maker company. Nataraj, Apsara, Doms, Kokuyo Camlin and Colorama are the popular brands of this company. It also manufacture other products like sharpeners, eraser, pens and educational stationary. Hindustan Pencils has business in 50 countries. In India, the company has more than 45% market share and it make 8.5 million pencils a day.
The corporate promoter of Domes Industries are FILA (Fabbrica Italiana Lapis Ad Affini S.P.A.) and the individual promoters are Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani and Raveshia.
Yes, the DOMS industries has pan India multi-channel distribution network. The network comprises of over 100 super-stockists and 3,750 distributors covering over 115,000 retail touch points across 3,500 cities and towns.
Hindustan Pencils private Limited is the India’s largest pencil maker company. The company has more than 45% market share and make 8.5 million pencils a day.
DYNAMIC Organisation Manufacturing Stationery.