DOMS Industries IPO Listing: Shares of Gujarat’s pencil manufacturing company Domes Industries are going to be listed in the market today. Last week it was opened for subscription on 13th December and closed on 15th December. On the third day, DOMS Industries IPO subscription position was 93.52 times. It is being told that there is a lot of movement in the gray market regarding the company’s shares. Here premium up to Rs 350 per share is being given. The company aims to raise about Rs 1200 crore through IPO. Its price band was fixed at Rs 750-790. According to stock market experts, DOMS IPO has received a strong response from investors and the mood on Dalal Street is also positive. He said that the DOMS IPO share price may open at a premium of about 60 to 65 percent in the Indian markets. However, experts say that a lot will depend on the mood of the market and if the market takes a positive stance during morning deals on Wednesday, it could be listed up to the level of Rs 1,300 per share. But, in case of a slow start, the DOMS IPO listing price could end up around ₹1,250 per level.
