Pencil maker DOMS eyes $300 million IPO filing in June

Doms Industries, an Indian stationery company majority-owned by Fabbrica Italiana Lapis ed Affini, is preparing to file for an IPO in Mumbai. The proposed offering, which could fetch between $200m to $300m, could be launched as early as this year. Since Doms’ founding in 1975, it has grown a global reach of over 50 countries, running over 15 production facilities throughout India. Representatives for Doms and Fabbrica Italiana Lapis ed Affini did not comment on the matter.