Mumbai: DOMS Industries Limited (“DOMS”) has announced its acquisition of a 51% stake in Super Treads Private Limited (STPL) for a maximum consideration of ₹6.12 crores. The deal, approved by the company’s board on May 19, 2025, is subject to due diligence and regulatory approvals. The equity stake will be acquired through a secondary purchase from STPL’s existing shareholders.
This strategic acquisition significantly expands DOMS’ presence in the paper stationery segment, particularly in Eastern India, and aligns with its long-term goal of building a robust, pan-India supply and distribution network. STPL, which has been operating for over two decades, currently functions primarily as an OEM supplier for notebooks and related paper products.
Santosh Raveshia, Managing Director, DOMS Industries Limited, said, “Our proposed acquisition of majority stake in STPL is a key step in enhancing our manufacturing capacities and geographically diversifying our paper stationery infrastructure to efficiently reach our consumers, thus further strengthening our competitiveness in this segment. This investment aligns with our vision of leveraging our growing brand reputation and well entrenched distribution network to deliver our unique and differentiated range of products at most competitive prices. With Rakesh Maheshwari and his team, we have got this wonderful opportunity to partner with great technocrats, like-minded entrepreneur who has a great zeal to offer something unique to the market. We are confident that this partnership would lead to significant long term growth and value creation for all of us.”
Rakesh Kumar Maheshwari, Promoter Director, Super Treads Private Limited, added, “This partnership represents a strategic milestone for our company, combining our manufacturing expertise with DOMS national distribution capabilities and established brand. This collaboration will be instrumental in realizing our full potential and enable us to explore opportunities, thereby unlock new avenues for growth and innovation. In DOMS, we have found a perfect strategic partner to help us pursue a brand lead business journey.”
With this acquisition, STPL will join the DOMS Group of companies, which includes Pioneer Stationery Private Limited, Micro Wood Private Limited, Skido Industries Private Limited, Uniclan Healthcare Private Limited, and associate company Clapjoy Innovations Private Limited. This broadens DOMS’ diversified presence across the stationery, art materials, and hygiene product categories.
The partnership is expected to deliver operational synergies, fuel innovation, and unlock long-term value as both companies leverage their strengths in manufacturing and distribution.
Marathon Capital Advisory Private Limited acted as the exclusive advisor to DOMS for this strategic transaction.