Doncasters Group expects to price its offering $1 or $2 above the marketing range of $28 to $32 per share - Bloomberg News

Doncasters Group, a manufacturer of aerospace and industrial components, is expected to price its U.S. initial public offering above the initially stated range of $28 to $32 per share, according to Bloomberg News. The company plans to offer 23.3 million shares, seeking to raise up to $746.7 million in the offering. At the top of the range, the company would command a valuation of $4.43 billion.

The IPO is part of a broader resurgence in public market activity within the aerospace and defense sectors, driven by strong investor demand for companies supplying critical components to the aviation and energy industries. Doncasters operates 14 manufacturing facilities globally and produces parts for major engine manufacturers such as CFM International, Pratt & Whitney, and GE Aerospace.

The company reported a net loss of $47 million on $237 million in revenue for the first quarter of 2026, compared to a $53 million loss on $188 million in revenue during the same period in 2025. Proceeds from the offering will be used to repay debt and fund corporate initiatives, including potential acquisitions and growth projects.

Jefferies and Morgan Stanley are leading the offering, and the company’s shares are expected to trade on the NYSE under the ticker symbol DPC.