The DOMS IPO will be live on December 13 and close on December 15. The Pencil Company went on to raise ₹1200 crore during the IPO.
DOMS set the price for the IPO at ₹750 to ₹790 rupees per equity share.
Details Table of DOMS
| IPO Date | December 13 to December 15, 2023 |
| Listing Date | Not Announed |
| Face Value | ₹1 per share |
| Price | ₹750 to ₹790 per share |
| Lot Size | 18 Shares |
| Total Issue Size | ₹1200 Cr |
| Offer for Sale | Not Announced |
| Listing At | BSE, NSE |
Also Read: Tata Power Cross ₹1 lakh-crore m-cap
From the table given below, you can find out the minimum and maximum amount that a retail investor can invest.
| Application | Lot | Shares | Total Payment |
| Retail Investor Min | 1 | 18 | ₹14,220 |
| Retail Max | 14 | 252 | ₹199,080 |
Calculate DOMS IPO Investment
Investing in Initial Public Offerings (IPOs) can be an exciting but challenging endeavour. Here are some key considerations to keep in mind before deciding to invest in IPOs:
Angle One (Free Account Opening)
- Understand the Business:
- Research the company thoroughly. Understand its business model, industry, competitive landscape, and growth prospects. Look into the company's financial statements and management team.
- Risks and Challenges:
- Recognize the risks associated with investing in IPOs. Newly public companies can be volatile, and their stock prices may be subject to significant fluctuations. Consider both the potential for gains and the risks of losses.
- Read the Prospectus:
- The prospectus is a document filed with regulatory authorities that provides detailed information about the company, its operations, risks, and financials. Take the time to read the prospectus carefully.
- Valuation:
- Assess the valuation of the company. Compare key valuation metrics, such as the price-to-earnings (P/E) ratio, with industry peers to determine if the IPO is priced reasonably.
- Market Conditions:
- Consider the overall market conditions. IPO performance can be influenced by broader market trends. A favourable market environment may increase the chances of a successful IPO.
- Allocation and Allotment:
- Understand how shares are allocated and allotted. Retail investors may not always get the desired allocation, and the process can be competitive.
- Long-Term Perspective:
- Assess whether you are investing for the short term or long term. IPOs can be volatile initially, and short-term price movements may not reflect the company's long-term fundamentals.
- Diversification:
- Consider your overall investment portfolio. Diversification can help manage risk, so avoid concentrating too much of your capital in a single investment.
- Consult Financial Advisors:
- Seek advice from financial advisors or professionals who can provide personalized guidance based on your financial goals, risk tolerance, and investment strategy.
(Disclaimer: Tradingminds does not provide advice or specific recommendations on investment decisions. Before investing in the stock market, do your research or seek advice from a financial advisor.)
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