DOMS Ind’s IPO to open on Dec 13

New Delhi: Pencil maker DOMS Industries is set to launch its Rs 1,200-crore Initial Public Offering (IPO) on December 13.

The three-day maiden public issue will conclude on December 15 and the anchor book of the offer will be opened for a day on December 13, according to the Red Herring Prospectus (RHP). The company’s IPO comprises a fresh issue aggregating up to Rs 350 crore and an Offer For Sale (OFS) aggregating up to Rs850 crore by promoters.

Under the OFS, corporate promoter F.I.L.A. -- Fabbrica Italiana Lapis ed Affini S.p.A. -- will offload shares worth Rs800 crore and individual promoters -- Sanjay Mansukhlal Rajani and Ketan Mansukhlal Rajani will sell shares to the tune of Rs25 crore each.