IPO: This week, investors will keep an eye on IPOs from pencil manufacturing companies to NBFCs, know the price and details.
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IPO This Week: In recent times, there has been special enthusiasm among investors regarding investment in IPO. Tata Technology’s IPO was listed 140 times higher. This added more excitement to the market. This week two mainboards, four small and medium enterprises (SMEs) in Dalal StreetSMEs) is going to be in the initial public offering (IPO) market. This week, four companies are going to enter the market to raise about ₹ 2,500 crore through IPO. Arvinder Singh Nanda, Senior Vice President, Master Capital Services Limited, said that after the activity in November, some new IPOs are going to come in the month of December also. It is expected that 15 new opportunities will emerge in the next 2 months. However, investors should be cautious and invest in IPOs after considering its valuation and use of net proceeds.
India Shelter Finance Corporation Limited IPO
India Shelter Finance IPO will open for subscription on December 13, 2023 and will close on December 15, 2023. This is a book-built issue of ₹1,200 crore. India Shelter Finance IPO is a combination of a fresh issue of 1.62 crore shares, aggregating to ₹800 crore and an offer for sale of 0.81 crore shares, aggregating to ₹400 crore. The price band for the IPO has been set at ₹469 to ₹493 per share. The minimum lot size for an application is 30 shares. The minimum investment amount required for retail investors is ₹14,790.
Domes Industries Limited IPO
DOMS IPO will open for subscription on December 13, 2023 and close on December 15, 2023. This is a book-built issue of ₹1,200 crore. DOMS IPO is a combination of fresh issue of 0.44 crore shares, aggregating to ₹350 crore and offer for sale of 1.08 crore shares, aggregating to ₹850 crore. The price range of the IPO has been set at ₹750 to ₹790 per share. The minimum lot size for an application is 18 shares. The minimum investment amount required for retail investors is ₹14,220.
SJ Logistics (India) Limited IPO
SJ Logistics IPO will open for subscription on December 12, 2023 and will close on December 14, 2023. This is a book-built issue of ₹48 crore and a fresh issue of altogether 38.4 lakh shares. The price band of SJ Logistics IPO has been set at ₹121 to ₹125 per share. The minimum lot size for an application is 1000 shares. The minimum investment amount required for retail investors is ₹125,000.
Prestonic Engineering Limited IPO
Prestonic Engineering IPO opens for subscription on December 11, 2023 and closes on December 13, 2023. This is a fixed price issue of ₹23.30 crore and is a fresh issue of entirely 32.37 lakh shares. The price of Prestonic Engineering IPO is ₹72 per share. The minimum lot size for an application is 1600 shares. The minimum amount of investment required for retail investors is ₹115,200.
Shree OFSM E-Mobility Limited IPO
Sree OSFM e-Mobility IPO will open for subscription on December 14, 2023 and close on December 18, 2023. This is a fixed price issue of ₹24.60 crore and a fresh issue of altogether 37.84 lakh shares. The IPO price is ₹65 per share. The minimum lot size for an application is 2000 shares. The minimum investment amount required for retail investors is ₹130,000.
Siyaram Recycling Industries IPO
Siyaram Recycling IPO will open for subscription on December 14, 2023 and will close on December 18, 2023. This is a book-built issue of ₹22.96 crore and a fresh issue of entirely 49.92 lakh shares. The price range of Siyaram Recycling IPO has been set at ₹43 to ₹46 per share. The minimum lot size for an application is 3000 shares. The minimum investment amount required for retail investors is ₹138,000.
Accent Microcell Limited IPO
Xcent Microcell IPO bid opened for subscription on December 8, 2023 and will close on December 12, 2023. This is a book-built issue of ₹78.40 crore and is a fresh issue of entirely 56 lakh shares. The price range of the IPO has been set at ₹133 to ₹140 per share. The minimum lot size for an application is 1000 shares. The minimum investment amount required for retail investors is ₹140,000.
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