Italian promoter to pare 7% in DOMS Industries via Rs 892-crore block deal at 9.2% discount
Fabbrica Italiana Lapis Ed Affini will offload up to 7% of DOMS Industries on June 17 at Rs 2,100/share — a 9.2% discount to market — in a Rs 892-crore block deal run by JPMorgan and BNP Paribas. Promoter holding drops to 19% post-deal, with a 90-day lock-in on residual stake.
What happened
Italian promoter Fabbrica Italiana Lapis will offload up to 7% of stationery brand DOMS Industries via block deal worth Rs 892 crore on June 17 at Rs
Key facts
- Rs 892 crore
- 7% stake
- Rs 2,100/share
- 9.2% discount
- 5.2% base + 1.8% greenshoe
- 19% post-deal holding
- 90-day lock-in
- Rs 15,741.75 crore m-cap
Why this matters
With the Italian promoter actively monetizing and holding dropping below 20%, DOMS becomes a more accessible partnership or strategic stake target as the cap table opens up to institutional buyers.