DOMS Industries Limited IPO Message Board (Page 39)

Gmp to increase ho raha he price band aane ke baad 405 se 425 ho gaya aur idhar sab log bol rahe he ye bahot mehnge valuation pe company aa rahi he

Same was said about rr kabel, protean, zaggle, samhi, mankind, cello, sai silks. Every thing is trading at premium. Nothing matters in bullish market. Only euphoria. Paise banao nikal jao atleast with your initial investment. Rest keep as donation money.

DOMS..BUYER@.425...

Today is technically last day for Allied Blenders IPO to publish RHP

Out off topic
How to apply in Ircon ofs hni category above 2 lk through sharekhan broker please suggest

From Fwd Looking Stat

3. In the event FILA ceases to be a Promoter, disassociates with us, or any damage to the reputation of the FILA Group since we are dependent on FILA Group for our business operations and in particular for our export
sales.

FILA is off loading 65% of its shares. Warning!

🪡🅾️Ⓜ️💲
Expected aggressive issue price. 3 out of 4 lead managers are common in this issue as well as Federal bank Financial Service.
JM , BNP & ICICI

Premium above 400 may not sustain at this issue price @790. Valuation is highly expensive if compared with recently listed Flair. 🖊

Symptoms ( Subscription ) can also be like DOMS ( painful ) after pricey issue price as the meaning of the name itself suggests. Speculative short term investors may prefer to apply in retail instead of HNI.

​@svh Fully agree with you Sir. I was also planning to apply HNI applications but after declaration of unjustified price band, I will apply only retail applications and that too on last day after watching subscription figures. It would also be interesting to see anchor list. I just admit that this high pricing has disappointed me. I feel it is not an investor friendly company, only wants to extract maximum money.

It's Seems Listing price High compare to histrical PE data.Let's wait to understand the requirement & seems still promotor thought like that paytm or zomoto.

Price band 790...looks very expensive...will not give returns more than 20 percent on listing

Return of 20 % is also good enough, Friend..

DOMS INDUSTRIES Ltd. ( FINAL)

Issue Size : 1200 cr
Fresh - 350 cr
OFS - 850 cr

Price Band : 750-790
Lot Size : 18 Shares
Retail : 10% ( 84000 Applications )

M.cap : 4793.8 cr
PE FY 23 - 46.6
PE FY 24 Fe - 30.9

Peers :
Cello - 63.7
Flair - 33.8
Kokuyo Camlin - 44.9
Navneet - 26.9
LINC - 27.6

I think This IPO is like Aeroflex ,
Good Business , Very Rich Valuations but still big listing gains but Post-listing everyone forgets that this company exists in markets.

GMP : 405-415

If it lists at 300 premium
Then ,
M.cap : 6600 cr
PE : 64.3
PE Fy 24 : 42.7

Apply ONLY for listing gains

Very nice comparision. PE of peers is for FY 23 or 24 it should be for 23 I think.if it is so GMP if 100 is enough.

Tycooninvestor

Lot of time there about jio

@Newgen sir,IREDA &TATA TECH old keren ya sell ker de.

Off topic
I am not getting retail ofs allotments by bidding at HNI rate.
What should be the bidding price ( above the price discovery today)for retail ofs IRCON issue tomorrow.

DOMS - Dynamic Organisation Manufacturing Stationery

* Promoters offloading in OFS -->Rs 850cr *
FILA- Fabbrica Italiana Lapised Affini SpA (Italy) selling Rs 800 crore.
Sanjay Mansukhlal Rajani selling Rs 25 crore.
Ketan Mansukhlal Rajani selling Rs 25 crore.

[OFF-TOPIC]

Upcoming result for recent IPO. Please keep eye for it if you are holding the shares:

Fedbank Financial Services Ltd - 11th Dec
Flair Writing Industries Ltd - 20th Dec

Doms ipo details.....

​@newgen consultancy Sir, price band upto 790 (against expectations of 630).
Can you point out what is unique in this company (in addition to a stationary company) that is inviting such high GMP. Am I missing something?Do you think GMP will sustain after declaration of price band? Don't you think GMP before price band decision was a way to get higher than genuine price band?
Till now, complete focus has been on GMP without going through its business, revenue, profit and other parameters. PAT in particular needs some consideration. It was in negative in FY21 & only 17 cr in FY22 and suddenly jumped to 100 cr in FY23 with borrowings also 100 cr.
Please provide some insight and your opinion after finalisation of price band.

​@ipo share Sir, i think recent clue is taken from Flair to price it at a premium. Other peers whose sales have increased from last year but their PAT margins have reduced, DOMS has improved PAT margins. Added advantage for the business model is their international partnership, acquisition of various entities which resulted in sales growth and PAT numbers substantially. Fresh issue is around 8% only and OFS around 20% indicating company is not that investor friendly as little is left on the table for investors and further promoters are keen to price and time the ipo at this stage, i.e. post election and after IPOs such as Tata Tech, they are getting an undue advantage of increased participation.

Lagta h operator 50%gmp dikhana chahta h.price band 700 expected tha to gmp 350 tha now 790 price band pe 400 gmp h.

Wow, price band 790. Members were expecting around 650. Gmp crossing 400. Now im 100% sure that this gmp is not sustainable.
But hey, nobody cares about the company in euphoric markets🤷‍♂️

​@CoolAsh Ji, check @ultrasnow Msg about price band and sector PE

Thanks

Is it worth applying for Ircon OFS???

Refer this :

https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1581&c=695780&ap=0

Price band 750-790

Latest GMP

Doms 410 (52%)
Share Price 750-790

Very expensive......not good in said price baand

📢 DOMS Industries Limited IPO - All Details

🗓️Date : 13 - 15 Dec,2023
🏷️Price Band : ₹750 - ₹790
📦Market Lot : 18 Shares
💰Appl Amt : ₹14,220
📏Size : ₹ 1200 Cr Approx
👦Retail Portion : 10%
🔖Retail Form : 84,000
📄HNI Small Form : 2,800
📄HNI Big Form : 5,600
🏷️Face Value : ₹10