With the forthcoming debut of two mainboard and four Small and Medium Enterprises (SME) initial public offerings (IPOs) on Dalal Street, the primary market is prepared to re-enter the spotlight after a brief respite. These six IPOs are projected to raise around Rs 2,500 crores through the public sale.
This year, an amazing Rs 41,000 crores has been raised through Initial Public Offerings (IPOs). In terms of the number of IPOs in 2023, India has cemented its position as the world leader. There were 21 IPOs in the third quarter of fiscal year 2023, a significant 376% growth from just four IPOs in the same period the previous year Q3FY22.
Here is a complete list of IPOs, both mainboard and SME, that will be available for subscription this week.
IPO of India Shelter Finance Corporation Limited
The India Shelter Finance IPO will be available for purchase from December 13 to December 15, 2023. This book-built issue is worth Rs 1,200 crores and consists of a fresh issue of 1.62 crore shares worth Rs 800 crores and an offer for sale of 0.81 crore shares worth Rs 400 crores. The IPO price range is set at 469 to 493, with a minimum lot size of 30 shares. A minimum investment of Rs 14,790 is required from retail investors.
IPO of DOMS Industries Limited
The subscription period for the DOMS IPO is set to run from December 13 to December 15, 2023. This book-built issue is worth Rs 1,200 crores and consists of a fresh issue of 0.44 crore shares worth Rs 350 crores and an offer for sale of 1.08 crore shares worth Rs 850 crores. With a minimum application lot size of 18 shares, the IPO price band is established at Rs 750 to Rs 790 per share. Retail investors are expected to invest a minimum of Rs 14,220. Make a note of these dates to ensure you don't miss out on any important DOMS IPO information.
IPO of SJ Logistics (India) Limited
The S J Logistics IPO subscription window will be open from December 12 to December 14, 2023. This book-built offer, worth Rs 48 crores, consists only of a new issue of 38.4 lakh shares. The IPO price band is set at Rs 121 to Rs 125 per share, with a minimum lot size of 1000 shares for an application. A minimum investment of Rs 1,25,000 is required from retail investors. Make a note of these dates to stay up to date on the S J Logistics IPO.
IPO of Presstonic Engineering Limited
The subscription period for the Presstonic Engineering IPO will begin on December 11, 2023 and end on December 13, 2023. This fixed-price offer, worth Rs 23.30 crores, consists of a completely new issue of 32.37 lakh shares. The Presstonic Engineering IPO is priced at Rs 72 per share, with a minimum lot size of 1600 shares. Retail investors are required to invest a minimum of Rs 1,15,200. Make a note of these dates to stay up to date on the Presstonic Engineering IPO details.
IPO of Shree OFSM E-Mobility Limited
The Shree OSFM E-Mobility IPO will be available for purchase from December 14 to December 18, 2023. This fixed-price offer, worth Rs 24.60 crores, consists entirely of a new issue of 37.84 lakh shares. The IPO is priced at Rs 65 per share, with a minimum lot size of 2000 shares necessary for an application, and retail investors must deposit a minimum of Rs 1,30,000. Make a note in your calendar to remain up to date on the Shree OSFM E-Mobility IPO details during this subscription term.
IPO of Siyaram Recycling Industries
The Siyaram Recycling IPO subscription period will begin on December 14, 2023 and end on December 18, 2023. This book-built offer, worth Rs 22.96 crores, is a fresh issue of 49.92 lakh shares. The Siyaram Recycling IPO price band is set at Rs 43 to Rs 46 per share, with a minimum lot size of 3000 shares for an application. Retail investors are expected to invest a minimum of Rs 1,38,000. Take note of these dates for detailed details on the Siyaram Recycling IPO.
Accent Microcell Limited's Initial Public Offering
The Accent Microcell IPO subscription period began on December 8, 2023, and will end on December 12, 2023. This book-built offer, worth Rs 78.40 crores, consists entirely of a new issue of 56 lakh shares. The IPO price band is set at Rs 133 to Rs 140 per share, with a minimum lot size of 1000 shares for an application. Retail investors are required to invest a minimum of Rs 1,40,000. Keep an eye on these dates for more information on the Accent Microcell IPO.
