#IPOsinDecember2023

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Popular IPOs to debut on Dalal Street in December 2023

After the coronavirus pandemic, the stock market didn't perform well around the world. We've seen the economic downfall in various countries such as the USA, China, and more. However, there was only one country growing its economy continuously, we're talking about India. The country showed significant growth in every sector, and many corporations emerged as profitable businesses. Hence, the Indian stock market has grown, providing returns to investors whether local investors or foreign investors.

List of IPOs in December 2023

In the year 2023, Indian conviction toward their country has become stronger also reflected in the stock market because several companies have been listed in the market. As you can see the primary market recorded bumper listing on the mainboard; small-medium enterprises (SME) segments have been gone for IPO this year, companies such as Tata Technolgy, and Gandhar Oil Refinery went for raising money through IPO previous month November, 2023. According to the YT report, the Indian stock market has become one of the strongest markets in the world, India is emerging as a global leader who has established healthy relation with many countries which eventually increase trade with countries, and business and corporation are growing respectively. In the year 2023, 21 IPOs have registered in the third quarter of the year, 2023, whereas merely 4 IPO had registered in the same quarter of the previous year, 2022. The rising amount has increased in the third quarter of 2023 to US$ 1,770 million, which is about 376% more than the previous year which amounted to US$ 372 million. Reportedly, there are still more companies that will register their IPOs on the mainboard and SME segment. Here is the report about the companies that are going to launch their IPOs: There are already a few companies that have launched their IPOs and soon will close, Sheetal Universal Ltd which reportedly is going to close on December 6, Graphisads will close on December 5, and Marinetrans India Ltd will be closed on December 5. In addition, there are other companies as well which are going to launch their IPOs in the last month of the year, 2023. DOMS Industries Limited DOMS Industries Limited is going for subscription on December 13, 2023, and close on December 15, 2023. Right now, there is no information has been made about the band price of the share price of DOMS. Reportedly, Jm Financial, IIFL Securities, and ICICI Securities Limited are the book-running lead managers of the DOMS IPO. Sheetal Universal IPO Sheetal Universal is associated with agriculture commodities, the company already launched the IPO which started on December 4 and will close on December 6. The size of the IPO is ₹23.80 crore, having the fresh issue of 34 lakh equity shares. The company issued the band price at ₹70 per share. The IPO has an estimated number of 2,000 shares, and the minimum amount of the IPO is ₹140,000 which has to be raised. Accent Microcell Limited Accent Microcell will open IPO on December 8, 2023, it will close on December 12, 2023. The issue price on the book is ₹78.40 crores and 56 lakh shares will be issued. People have to buy at least 1000 shares to get an allotment subscription. Accent Microcell offered a band price of ₹133 to ₹140. Muthoot Microfin Limited IPO Reportedly, Muthoot Microfin Limited is going for a subscription this month. However, the share price and IPO release date have not been made yet public. IPO book built issue of Muthoot MicroFin limited is ₹1,350 crores, including a fresh issue of ₹950 crores and a sale issue of ₹400 crores. SJ Logistics The IOP date and price of a share will be public soon. SJ Logistics has booked a built issue of 38.4 lakh shares, including an entirely fresh issue of 38.4 lakh shares. Other Jyoti CNC Automation, InoxCVA, and India Shelter will also announce the date of the IPO soon.

FAQs:-

What is the meaning of IPO in the stock market? Private companies raise capital from the public which is known as IPO. The full form of IPO is initial public offering (IPO). What is the value of the stock market in India in December 2023? Indian stock market reached to nearly 4 Trillion in December 2023. This signifies the stability and growth of the Indian market. Read the full article