Doms (company): Difference between revisions
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{{DISPLAYTITLE:DOMS (company)}} |
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⚫ | '''DOMS Industries Limited''' (stylized as '''DOMS''') is an Indian stationery and art materials |
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{{Infobox company |
{{Infobox company |
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| name = DOMS Industries Limited |
| name = DOMS Industries Limited |
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| trading_name = DOMS |
| trading_name = DOMS |
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| type = |
| type = [[Public company|Public]] |
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| traded_as = {{ubl|{{NSE|DOMS}}|{{BSE|544045}}}} |
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| industry = [[Stationery]] |
| industry = [[Stationery]] |
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| founded = {{Start date and age|2005|df=yes}} |
| founded = {{Start date and age|2005|df=yes}} |
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| |
| founders = {{ubl|Rasiklal Raveshia|Mansukhlal Rajani}} |
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| hq_location_city = [[Gujarat]] |
| hq_location_city = [[Gujarat]] |
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| hq_location_country = |
| hq_location_country = India |
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| key_people = {{Unbulleted list|Gianmatteo Terruzzi (Chairman)|Santosh Raveshia (Managing Director)}} |
| key_people = {{Unbulleted list|Gianmatteo Terruzzi (Chairman)|Santosh Raveshia (Managing Director)}} |
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| products = {{Flatlist| |
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| owner = [[F.I.L.A. (company)|FILA Group]] (51%) |
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* [[Pencil|Pencils & Accessories]] |
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* [[Drawing]] & [[Coloring book|Colouring]] |
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* [[Crafts]] & [[Handicraft|Hobbyist]] |
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* [[Fine art]] |
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* [[Stationery|Paper Stationery]] |
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}} |
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| brands = |
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| revenue = {{up}} {{INRconvert|1212|c}} (FY23)<ref name="reuters"/> |
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| profit = {{up}} {{INRconvert|95|c}} (FY23)<ref name="reuters"/> |
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| owner = [[F.I.L.A. (company)|FILA Group]] (31%)<ref>{{cite news | url=https://timesofindia.indiatimes.com/city/mumbai/italian-co-fila-to-sell-800cr-share-in-doms/articleshow/105825158.cms | title=Italian co FILA to sell 800cr share in DOMS | newspaper=The Times of India | date=8 December 2023 }}</ref> |
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| website = {{URL|domsindia.com}} |
| website = {{URL|domsindia.com}} |
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}} |
}} |
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⚫ | '''DOMS Industries Limited (DIL)''' (stylized as '''DOMS''') is an Indian [[stationery]] and art materials manufacturing company, headquartered in [[Valsad]], [[Gujarat]]. Its products include wooden pencils, color and polymer pencils, mathematical and drawing instruments, wax crayons and oil pastels, stationery kits and combos, office supplies, hobby and craft supplies, and fine art products. It works under a multinational Italian company [[Fila Group]].<ref name=":0">{{Cite web |last=Pallavi Chakravorty |date=21 October 2022 |title=How DOMS Emerged As The Biggest Disrupter In India's Stationery Market? |url=https://www.outlookindia.com/business/how-doms-emerged-as-the-biggest-disrupter-in-india-s-stationery-market--news-231480 |website=[[Outlook (Indian magazine)]]}}</ref><ref>{{Cite news |date=2023-04-26 |title=Pencil Maker Doms Eyes $300 Million IPO Filing in June, Sources Say |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2023-04-26/pencil-maker-doms-eyes-300-million-ipo-filing-in-june-sources-say |access-date=2023-09-26}}</ref> |
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== History == |
== History == |
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DOMS was founded in 1976 as a partnership firm, R.R. Industries, by Rasiklal Amritlal Raveshia and Mansukhlal Jamnadas Rajani. The company was later named as "Writefine Products Pvt. Ltd.", before being changed to "DOMS Industries". In 2005, the company launched its flagship brand, DOMS.<ref name=":0" /><ref>{{Cite web |title=How DOMS scripted a winning strategy |url=https://businessindia.co/magazine/how-doms-scripted-a-winning-strategy |access-date=2023-11-11 |website=businessindia.co |language=en}}</ref> |
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DOMS Industries Limited<ref>{{Cite news |date=2023-07-22 |title=Board of pencil maker DOMS approves IPO |work=The Economic Times |url=https://economictimes.indiatimes.com/markets/stocks/news/board-of-pencil-maker-doms-approves-ipo/articleshow/102023139.cms?from=mdr |access-date=2023-09-26 |issn=0013-0389}}</ref><ref>{{Cite web |date=2023-08-29 |title=4000 crore company made by selling pencil-rubber to children, now preparing to bring IPO |url=https://presswire18.com/4000-crore-company-made-by-selling-pencil-rubber-to-children-now-preparing-to-bring-ipo/ |access-date=2023-09-26}}</ref> (formerly DOMS Industries Pvt. Ltd.) was established as a partnership firm ''R.R. Industries'' by two [[Gujarati people|gujarati]], Shri Rasiklal Amritlal Raveshia and Late Shri Mansukhlal Jamandas Rajani in 1975. |
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DOMS originally stood for "'''D'''ynamic '''O'''rganization '''M'''anufacturing '''S'''tationery". |
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In 2012, DOMS entered into a strategic partnership with [[F.I.L.A. (company)|F.I.L.A. – Fabbrica Italiana Lapis ed Affini]] S.p.A (F.I.L.A.), Italy, a listed Italian multinational company engaged in the supply of art materials and stationery products. This partnership enabled DOMS to gain access to international markets for distribution of its products.<ref>{{Cite news |date=2023-05-31 |title=Italy's FILA exploring options to support Indian unit Doms |language=en |work=Reuters |url=https://www.reuters.com/markets/deals/italys-fila-exploring-options-support-indian-unit-doms-2023-05-31/ |access-date=2023-09-26}}</ref> |
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In 2023 Doms Industries set to file a draft paper of Rs. 1200 crore [[Initial public offering|IPO]] with the [[SEBI]].<ref>{{Cite web |last=Livemint |date=2023-08-22 |title=Pencil maker DOMS files DRHP with SEBI to raise ₹1,200 crore via IPO |url=https://www.livemint.com/market/ipo/pencil-maker-doms-files-drhp-with-sebi-to-raise-rs-1-200-crore-via-ipo-11692720493079.html |access-date=2023-09-26 |website=mint |language=en}}</ref><ref>{{Cite web |last=PTI |date=2023-08-23 |title=Pencil maker DOMS Industries files Rs 1,200-crore IPO papers with SEBI |url=https://www.thehindubusinessline.com/markets/pencil-maker-doms-industries-files-rs-1200-crore-ipo-papers-with-sebi/article67225907.ece |access-date=2023-09-26 |website=BusinessLine |language=en}}</ref><ref>{{Cite news |date=2023-04-26 |title=Pencil Maker Doms Eyes $300 Million IPO Filing in June, Sources Say |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2023-04-26/pencil-maker-doms-eyes-300-million-ipo-filing-in-june-sources-say |access-date=2023-09-26}}</ref><ref>{{Cite news |date=2023-08-22 |title=Indian stationery maker Doms files draft papers for $145 mln IPO |language=en |work=Reuters |url=https://www.reuters.com/markets/deals/indian-stationery-maker-doms-files-draft-papers-145-mln-ipo-2023-08-22/ |access-date=2023-09-26}}</ref> |
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In 2017, Famous Innovations was awarded to be responsible for developing and executing creative campaigns for DIL's stationery portfolio.<ref>{{Cite web |last=www.ETBrandEquity.com |title=Famous Innovations bags Doms' creative account - ET BrandEquity |url=http://brandequity.economictimes.indiatimes.com/news/advertising/famous-innovations-wins-creative-account-for-brand-doms/60789638 |access-date=2023-09-26 |website=ETBrandEquity.com |language=en}}</ref> |
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DOMS also acquired 30% stake in toy company ClapJoy.<ref>{{Cite news |last=Philip |first=Lijee |date=2019-01-29 |title=An inside view of India's pencil business and the four families that control it |work=The Economic Times |url=https://economictimes.indiatimes.com/industry/miscellaneous/pencil-makers-are-optimistic-not-threatened-by-industry-inventions/articleshow/67731030.cms?from=mdr |access-date=2023-09-26 |issn=0013-0389}}</ref><ref>{{Cite web |last=www.ETRetail.com |title=Stationery products maker DOMS acquires 30% equity stake in toy manufacturing startup ClapJoy - ET Retail |url=https://retail.economictimes.indiatimes.com/news/books-and-stationery/stationery/stationery-products-maker-doms-acquires-30-equity-stake-in-toy-manufacturing-startup-clapjoy/98438547 |access-date=2023-09-26 |website=ETRetail.com |language=en}}</ref><ref>{{Cite web |last=Tandon |first=Suneera |date=2023-03-03 |title=Doms acquires 30% stake in toy company ClapJoy |url=https://www.livemint.com/companies/news/doms-acquires-30-stake-in-toy-company-clapjoy-11677863913976.html |access-date=2023-09-26 |website=mint |language=en}}</ref> |
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In 2023, DOMS launched its [[initial public offering]] (IPO) worth {{INRConvert|1200|c|lk=on}} and listed on [[Bombay Stock Exchange|BSE]] and [[National Stock Exchange of India|NSE]].<ref>{{cite news |title=DOMS IPO price band fixed at ₹750-790 a share |url=https://www.thehindubusinessline.com/markets/doms-ipo-price-band-fixed-at-750-790-a-share/article67614154.ece |access-date=26 December 2023 |work=BusinessLine |date=7 December 2023 |language=en}}</ref><ref>{{cite news |title=DOMS Industries, the fourth-most subscribed Indian IPO of 2023 lists at a 77% premium |url=https://www.cnbctv18.com/market/doms-ipo-share-listing-today-know-gmp-proceeds-capex-outlook-subscription-18606661.htm |access-date=26 December 2023 |work=CNBCTV18 |date=20 December 2023 |language=en}}</ref><ref name="reuters">{{Cite news |date=2023-08-22 |title=Indian stationery maker Doms files draft papers for $145 mln IPO |language=en |work=Reuters |url=https://www.reuters.com/markets/deals/indian-stationery-maker-doms-files-draft-papers-145-mln-ipo-2023-08-22/ |access-date=2023-09-26}}</ref> |
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== See also == |
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* [[Classmate (stationery)|Classmate]] |
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== References == |
== References == |
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{{Reflist}} |
{{Reflist}} |
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== External links == |
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* {{Official website|https://domsindia.com/}} |
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[[Category:Pencil brands]] |
[[Category:Pencil brands]] |
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[[Category:Writing implement manufacturers]] |
[[Category:Writing implement manufacturers]] |
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[[Category:Indian companies established in 2005]] |
[[Category:Indian companies established in 2005]] |
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[[Category:Indian brands]] |
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[[Category:Pen manufacturers]] |
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[[Category:Notebooks]] |
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[[Category:2005 establishments in Gujarat]] |
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[[Category:Companies listed on the National Stock Exchange of India]] |
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[[Category:Companies listed on the Bombay Stock Exchange]] |
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[[Category:2023 initial public offerings]] |
Latest revision as of 07:02, 1 November 2024
DOMS | |
Company type | Public |
Industry | Stationery |
Founded | 2005 |
Founders |
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Headquarters | , India |
Key people |
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Products | |
Revenue | ₹1,212 crore (US$150 million) (FY23)[1] |
₹95 crore (US$11 million) (FY23)[1] | |
Owner | FILA Group (31%)[2] |
Website | domsindia |
DOMS Industries Limited (DIL) (stylized as DOMS) is an Indian stationery and art materials manufacturing company, headquartered in Valsad, Gujarat. Its products include wooden pencils, color and polymer pencils, mathematical and drawing instruments, wax crayons and oil pastels, stationery kits and combos, office supplies, hobby and craft supplies, and fine art products. It works under a multinational Italian company Fila Group.[3][4]
History
[edit]DOMS was founded in 1976 as a partnership firm, R.R. Industries, by Rasiklal Amritlal Raveshia and Mansukhlal Jamnadas Rajani. The company was later named as "Writefine Products Pvt. Ltd.", before being changed to "DOMS Industries". In 2005, the company launched its flagship brand, DOMS.[3][5] DOMS originally stood for "Dynamic Organization Manufacturing Stationery".
In 2012, DOMS entered into a strategic partnership with F.I.L.A. – Fabbrica Italiana Lapis ed Affini S.p.A (F.I.L.A.), Italy, a listed Italian multinational company engaged in the supply of art materials and stationery products. This partnership enabled DOMS to gain access to international markets for distribution of its products.[6]
In 2017, Famous Innovations was awarded to be responsible for developing and executing creative campaigns for DIL's stationery portfolio.[7]
DOMS also acquired 30% stake in toy company ClapJoy.[8][9][10]
In 2023, DOMS launched its initial public offering (IPO) worth ₹1,200 crore (US$140 million) and listed on BSE and NSE.[11][12][1]
See also
[edit]References
[edit]- ^ a b c "Indian stationery maker Doms files draft papers for $145 mln IPO". Reuters. 2023-08-22. Retrieved 2023-09-26.
- ^ "Italian co FILA to sell 800cr share in DOMS". The Times of India. 8 December 2023.
- ^ a b Pallavi Chakravorty (21 October 2022). "How DOMS Emerged As The Biggest Disrupter In India's Stationery Market?". Outlook (Indian magazine).
- ^ "Pencil Maker Doms Eyes $300 Million IPO Filing in June, Sources Say". Bloomberg.com. 2023-04-26. Retrieved 2023-09-26.
- ^ "How DOMS scripted a winning strategy". businessindia.co. Retrieved 2023-11-11.
- ^ "Italy's FILA exploring options to support Indian unit Doms". Reuters. 2023-05-31. Retrieved 2023-09-26.
- ^ www.ETBrandEquity.com. "Famous Innovations bags Doms' creative account - ET BrandEquity". ETBrandEquity.com. Retrieved 2023-09-26.
- ^ Philip, Lijee (2019-01-29). "An inside view of India's pencil business and the four families that control it". The Economic Times. ISSN 0013-0389. Retrieved 2023-09-26.
- ^ www.ETRetail.com. "Stationery products maker DOMS acquires 30% equity stake in toy manufacturing startup ClapJoy - ET Retail". ETRetail.com. Retrieved 2023-09-26.
- ^ Tandon, Suneera (2023-03-03). "Doms acquires 30% stake in toy company ClapJoy". mint. Retrieved 2023-09-26.
- ^ "DOMS IPO price band fixed at ₹750-790 a share". BusinessLine. 7 December 2023. Retrieved 26 December 2023.
- ^ "DOMS Industries, the fourth-most subscribed Indian IPO of 2023 lists at a 77% premium". CNBCTV18. 20 December 2023. Retrieved 26 December 2023.