Upcoming IPO: Explore 7 Exciting IPOs This Week, with the Possibility of 3 Companies Making the Listing
Upcoming IPO
A Comprehensive Overview of 7 Upcoming IPOs and Market Listings
As we step into a new week starting from December 11, the primary market is poised for a resurgence in activity with the announcement of seven Initial Public Offerings (IPOs).
This week’s offerings extend across both the mainboard and Small and Medium Enterprises (SME) segments, presenting investors with a diverse array of investment opportunities.
Notably, three companies are anticipated to make their market debut, adding an extra layer of excitement to the financial landscape.
Mainboard Segment:
- India Shelter Finance Corporation Limited:
- IPO Duration: December 13 – December 15
- Issue Size: Rs 1200 crore
- Price Band: Rs 469-493 per share
- Lot Size: 30 shares
Kicking off the list is India Shelter Finance Corporation Limited, a housing finance company set to open its IPO on December 13 and close on December 15.
The issue size stands at an impressive Rs 1200 crore, with a price band of Rs 469-493 per share. Investors can participate with a lot size of 30 shares, making it an accessible option for a range of investors.
- Doms Industries:
- IPO Duration: December 13 – December 15
- Issue Size: Rs 1200 crore
- Price Band: Rs 750-790 per share
- Lot Size: 18 shares
Next in line is Doms Industries, a company specializing in stationery and art products. With an issue size of Rs 1200 crore, the IPO is set to open on December 13 and close on December 15.
The price band for this offering is Rs 750-790 per share, and investors can participate with a lot size of 18 shares.
SME Segment:
- SJ Logistics (India) Limited:
- IPO Duration: December 12 – December 14
- Issue Size: Rs 48 crore
- Price Band: Rs 121-125 per share
- Lot Size: 1000 shares
In the SME segment, SJ Logistics (India) Limited takes the spotlight. This IPO is scheduled to be open for subscription from December 12 to December 14, with an issue size of Rs 48 crore.
The price band for the IPO is set at Rs 121-125 per share, and investors can participate with a lot size of 1000 shares.
- Presstonic Engineering Limited:
- IPO Duration: December 11 – December 13
- Issue Size: Rs 23.30 crore
- Price Band: Rs 72 per share
- Lot Size: 1600 shares
Presstonic Engineering Limited is another SME offering with its IPO opening on December 11 and closing on December 13.
The issue size is Rs 23.30 crore, and the price band is set at Rs 72 per share. Investors can bid in lots of 1600 shares, providing a reasonable entry point for those looking to participate.
- Shree OSFM E-Mobility Limited:
- IPO Duration: December 14 – December 18
- Issue Size: Rs 24.60 crore
- Price Band: Rs 65 per share
- Lot Size: 2000 shares
Shree OSFM E-Mobility Limited brings a unique dimension to the SME segment with its focus on electric mobility.
The IPO is set to open for subscription from December 14 to December 18, featuring an issue size of Rs 24.60 crore. The price band for this offering is Rs 65 per share, and investors can participate with a lot size of 2000 shares.
- Siyaram Recycling Industries:
- IPO Duration: December 14 – December 18
- Issue Size: Rs 22.96 crore
- Price Band: Rs 43-46 per share
- Lot Size: 3000 shares
Adding to the SME lineup is Siyaram Recycling Industries, scheduled to open its IPO on December 14 and close on December 18.
The issue size is Rs 22.96 crore, and the price band is set at Rs 43-46 per share. Investors can bid in lots of 3000 shares, providing flexibility for various investment strategies.
Already Open IPO:
- Accent Microcell Limited:
- IPO Open: Since December 8 (Closes on December 12)
- Issue Size: Rs 78.40 crore
- Price Band: Rs 133-140 per share
- Lot Size: 1000 shares
Accent Microcell Limited has already made waves in the market, having opened its IPO on December 8. The subscription rate has been impressive, standing at 28.77 times on the very first day.
The issue is scheduled to close on December 12, with an issue size of Rs 78.40 crore. Investors can bid in lots of 1000 shares, showcasing the strong demand for this offering.
Upcoming Listings:
Aside from the excitement surrounding the upcoming IPOs, the market anticipates the listing of three companies in the upcoming week.
- Graphisads Limited: Expected to be listed on NSE SME on December 13.
- Sheetal Universal Limited: Projected listing on NSE SME on December 11.
- Accent Microcell Limited: Debut on NSE SME on December 15.
Final Thoughts
In conclusion, the upcoming week promises a flurry of activity in the primary market, presenting investors with a multitude of options across both mainboard and SME segments.
With a diverse range of companies spanning various industries, investors can strategically align their portfolios with their financial goals.
Additionally, the prospect of three companies making their market debut adds an extra layer of anticipation, making this week a focal point for those keen on navigating the dynamic landscape of the financial markets. Stay tuned for potential investment opportunities and stock market debuts!
