DOMS IPO Lists At 77% Premium At Rs 1400

DOMS Industries listed at a premium of 77.2 percent on December 20 in line with analyst expectations on the back of strong subscription numbers and robust market momentum. The stock started trading at Rs 1400 on the NSE and BSE against the issue price of Rs 790. The stationery and art products manufacturer, which gets 70 percent of its business from scholastic stationery and art material segments, raised Rs 1,200 crore from the public issue.