DOMS Industries Expands Stationery Footprint: Acquires Additional 13% Stake in Pioneer Stationery

1 min read | Updated on 27 Mar 2025, 07:21 PM

By ScanX News Team

Overview

DOMS Industries Limited is set to acquire an additional 13% stake in its subsidiary, Pioneer Stationery Private Limited, for ₹11.08 crore. This move will increase DOMS' ownership from 51% to 64%. The transaction involves purchasing 7,800 equity shares at ₹14,200 per share. Pioneer Stationery, a paper stationery manufacturer, has shown significant revenue growth over the past three years. The acquisition is expected to strengthen DOMS' position in the Indian stationery market and is slated for completion by April 30, 2025.

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DOMS Industries Limited , a key player in the Indian stationery market, has announced a strategic move to strengthen its position in the paper stationery segment. The company's Board of Directors has approved the acquisition of an additional 13% stake in its subsidiary, Pioneer Stationery Private Limited, from existing shareholders.

Acquisition Details

The transaction, valued at ₹11.08 crore, will see DOMS Industries purchasing 7,800 equity shares of Pioneer Stationery at ₹14,200 per share. This acquisition will increase DOMS Industries' shareholding in Pioneer Stationery from 51% to 64% of the total paid-up equity share capital.

Strategic Implications

This move aligns with DOMS Industries' strategy to expand its presence in the paper stationery industry segment. The acquisition is expected to bolster the company's market share and diversify its product portfolio in the competitive stationery sector.

About Pioneer Stationery

Pioneer Stationery, incorporated on March 28, 2005, specializes in manufacturing, importing, exporting, trading, and selling paper stationery products. The company has shown significant growth in recent years, as evidenced by its financial performance:

Financial Year	Revenue (₹ in crore)
2023-24	160.11
2022-23	139.57
2021-22	73.01

Transaction Details

Nature of Transaction: Related party transaction, conducted at arm's length
Completion Timeline: Expected to be completed on or before April 30, 2025
Regulatory Approvals: No governmental or regulatory approvals required

Market Implications

This acquisition underscores DOMS Industries' commitment to growth and expansion in the stationery sector. By increasing its stake in Pioneer Stationery, DOMS Industries is poised to leverage synergies between the two companies, potentially leading to enhanced product offerings and market reach.

The stationery industry in India continues to evolve, with increasing demand for quality paper products. DOMS Industries' strategic investment in Pioneer Stationery reflects its confidence in the sector's growth potential and its ambition to strengthen its market position.

As the transaction unfolds, stakeholders will be keenly watching how this increased ownership translates into operational synergies and financial performance for both DOMS Industries and Pioneer Stationery in the coming years.

Historical Stock Returns for DOMS Industries