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DOMS IPO: Investors can bet on the IPO from today. Company’s Rs. 1200 crore IPO is opening for retail investors from today. Through this IPO, Domes Industries Limited will issue 0.44 crore new shares and 1.08 crore shares under offer for sale. Let us tell you that investors have an opportunity to subscribe to this IPO till December 15.
What is a price band?
The company paid Rs. 10 for shares with a face value of Rs. 750 to Rs. 790 has fixed the price band. 18 shares have been placed in one lot of Domes Industries Limited. Due to which investors have to bet at least Rs 14,220. At the same time, any retail investor can bet on 14 lots simultaneously. Let us tell you that 10 percent of the IPO has been reserved for retail investors.
The company has given a discount of Rs 75 per share for the employees. After the IPO, the shareholding of the promoters will be reduced from 100 per cent to 74.97 per cent.
Also read: The shares will be split into 10 pieces, a record date this month, the IPO came in June
Rise of a company in the gray market (DOMS Industries Limited IPO GMP Today)
Domes Industries Limited’s IPO in the gray market at Rs. 495 is trading at a premium. That is, if this trend continues till the listing of the company, this IPO can be listed in the stock market at Rs 1285. Let us tell you that allotment of shares is possible on 18th December and listing is possible on 20th December.