Get ready for a month of IPO excitement! December 2023 promises a mega lineup of six new issues, offering investors a chance to diversify their portfolios with promising prospects. After the success of Tata Technologies IPO in November, the market is primed for another round of vibrant offerings.
Happy Forgings
Leading engineering and forging company, Happy Forgings Limited, is set to make its mark with a ₹500 crore IPO. With a significant portion dedicated to fresh issues, the company aims to raise ₹80.5 lakh for its growth endeavors.
Muthoot Microfin
The financial arm of Muthoot Finance, Muthoot Microfin, is poised to launch a ₹1350 crore IPO. Securing Sebi’s approval, the company looks to tap into the market’s potential for financial services.
Allied Blenders
Renowned for the iconic Officer’s Choice whiskey, Allied Blenders and Distilleries are gearing up for a ₹2000 crore IPO. The offering includes a ₹1000 crore OFS by promoters and an equal amount in fresh issues.
India Shelter Finance
Eyeing an ambitious ₹1800 crore, India Shelter Finance’s IPO is a blend of ₹800 crore OFS and a ₹1000 crore fresh equity issue. The company aims to leverage this capital infusion for strategic growth.
Jana Small Finance Bank
Closing the month on a high note, Jana Small Finance Bank is set to launch its IPO. The offering comprises a ₹575 crore fresh issue and an OFS of over 40 lakh shares by existing shareholders.
DOMS Industries
DOMS Industries, a top player in India’s stationery manufacturing, has officially announced its IPO on December 13. The company plans to raise ₹1200 crore through this public offering.
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