JSA advised JM Financial Limited, BNP Paribas, ICICI Securities Limited and IIFL Securities Limited in the initial public offering of equity shares aggregating to ₹12,000 million (“IPO”), comprising of fresh issue and offer for sale by certain promoters of the Company of DOMS Industries Limited (“Company”).
As per news reports, the IPO was oversubscribed 99.34 times with 73.38 times subscription in the retail category, 122.16 times subscription in QIB category and 70.06 times subscription in the NII category.
The Company offers well-designed and quality ‘stationery and art material’ products to consumers, which they classify across seven categories: (i) scholastic stationery; (ii) scholastic art material; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products. As per the Technopak Report, the Company has the widest breadth of product categories amongst its peers in India and are amongst the few ‘stationery and art material’ products manufacturing and marketing companies globally with such a wide product breadth.
Our Transaction Team Comprised Lead Partner – Arka Mookerjee, Partner – Pracheta Bhattacharya, Principal Associate – Anshu Bansal, Associate – Pooja Tada, Shambhavi Kumar, Reshmi Prabhakar, Ayushi Pandit and Anvita Sinha.
Anshu practices in the areas of Capital Markets (IPO, QIP, Rights Issues, Offer for Sale, Preferential allotments, buyback in listed space etc.).