DOMS shares tumbled 5.4% on Thursday to Rs 2,891.55 on BSE after the company confirmed that Italian stationery maker FILA has initiated the sale of up to 4.57% of shares in DOMS. The Italian firm ...

The company raised ₹537.7 crore from 55 anchor investors ahead of the issue. Stationery maker Doms’ initial public offer (IPO) was subscribed 93 times the shares on offer on Friday.

Despite the temporary dip, analysts remain bullish on the stock due to DOMS Industries' significant presence in the stationery and art products segment, which is expected to grow robustly in the ...