DOMS Industries Limited — Others, 12-05-2025: Monitoring Agency Report

DOMS Industries has announced that Rs 165 Cr of its IPO proceeds have been used mainly for part-financing its new project’s infrastructure and general corporate purposes. Construction faced minor delays due to building plan finalization, contractor onboarding, and weather, but work has resumed with timely completion expected. The remaining Rs 166.57 Cr is invested mostly in fixed deposits yielding 6.5-7.75%. There have been no deviations or adverse events impacting the intended use of IPO funds, supporting confidence in project execution and financial discipline.