Shares of DOMS Industries were listed at ₹1,400 against the issue price of ₹790, while India Shelter Finance stock debuted at ₹620 over the IPO price of ₹493 on the NSE.
DOMS has set the IPO price band at ₹750-790 per share, while that of India Shelter Finance at ₹469-493 apiece.
Ahead of the opening of IPOs, India Shelter Finance and DOMS Industries shares were commanding GMP of 29.41% and 62.6%, respectively, in the grey market.
The IPO of DOMS is a mix of a fresh issuance of equity shares worth ₹350 crore, and an offer for sale (OFS) of shares worth ₹850 crore by existing shareholders.
India Shelter Finance received SEBI’s observation letter on Nov 13, Onest and DOMS Industries on Nov 16; and Jana Small Finance Bank on Nov 7.
The IPO of pencil maker comprises a fresh issue of equity shares worth ₹350 crore and an OFS of ₹850 crore by promoters, FILA as well as Sanjay and Ketan Mansukhlal Rajani.
