IPO 2023: Check Out Upcoming December IPOs You Should Consider Investing

12 Dec, 2023

Upcoming IPOs: According to a report, India is currently leading the IPO market in 2023. In the third quarter of 2023, the Indian main market saw a whopping 21 IPOs, compared to just four in the same quarter of 2022. The proceeds raised in Q3 2023 totaled $1,770 million, a 376% increase over the $372 million raised in Q3 2022. Following an active November, the month of December will see a few new IPOs in the mainboard and SME segments. Let us know about the upcoming IPOs and their price band, issue price, and more

 

Upcoming IPOs in December

SJ Logistics IPO

S J Logistics IPO is a book-built issue of 38.4 lakh shares. The issue is entirely a fresh issue of 38.4 lakh shares. The IPO will begin from 12 December to 14 December with a price band of around Rs 121 to Rs 125.

DOMS Industries Limited IPO

DOMS IPO will go begin on December 13, 2023, and will close on December 15, 2023. It is a book-built issue worth Rs 1,200.00 crores, comprised of a fresh issue worth Rs 350.00 crores and an offer for sale worth Rs 850.00 crores. The price bands for the DOMS IPO will range from Rs 750 to Rs 790.

Indian Shelter Finance

The India Shelter Finance IPO will begin on December 13, 2023, and closes on December 15, 2023. The price range for India Shelter Finance’s initial public offering (IPO) is Rs 469 to Rs 493 per share. An application requires a minimum lot size of 30 Shares. Retail investors must make a minimum investment of Rs 14,790. 

Siyaram Recycling Industries

Siyaram Recycling’s initial public offering (IPO) begins on December 14, 2023 and closes on December 18, 2023. The price range for Siyaram Recycling’s IPO is Rs 43 to Rs 46 per share. A lot size of 3000 shares is required for an application. Retail investors must make a minimum investment of Rs 138,000. 

Shree OSFM E-Mobility

The subscription to Shree OSFM E-Mobility IPO will begin on December 14 and end on December 18. With an IPO price range of Rs 65 per share, the company aims to raise more than Rs 24.60 crore. This is a completely new 37.84 lakh share offering. The net offer allots roughly half to individual investors. Retail investors are required to invest a minimum of Rs 130,000.

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