DOMS IPO Day 3: Issue subscribed 93.52 times; QIB, retail record huge demand

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Key Points

DOMS Industries initial public offering (IPO) was subscribed over 93.52 times on the last of its bidding.Amidst the ongoing mega-IPO month, the third day of the DOMS Industries IPO proved highly successful, with a total of 34.28 crore shares being purchased by investors..

The non-institutional investors (NII) part was booked over 66.51 times and the employee portion saw a hefty booking with 29.21 times subscription on the final day..

On the second day, the IPO was subscribed 16.44 times with retail investors stealing the show as well as the portion reserved for them was booked 44.71 times, while the portion reserved for non-institutional investors (NIIs) was booked 27.38 times..

On day 1, DOMS IPO's retail investors portion was subscribed 19.16 times, NII portion was subscribed 7.96 times, and Qualified Institutional Buyers (QIB) portion is booked 6%..

DOMS Industries IPO comprises a fresh issue of shares of up to 350 crore and an offer for sale (OFS) of equity shares by a promoter and others aggregating up to 850 crore...

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