In late December 2023, there’s big news for investors regarding the Upcoming IPOs. New companies are planning to join the stock market. These are called Initial Public Offerings or IPOs. It’s like these companies are introducing themselves to everyone who might want to invest in them.
People who like to invest in the stock market are excited about these new companies. It’s like they’re waiting for a new story to start. These List of Best Upcoming IPOs could mean good things for the people who invested in them.
New List of Upcoming IPOs in December 2023
| Current / Upcoming IPOs | Date | Min Qty. (Retailer Lot Size) | Price |
|---|---|---|---|
| Indifra Ltd. | 21-26 Dec | 2000 | ₹65.0 to ₹65.0 |
| Trident Techlabs Limited | 21-26 Dec | 4000 | ₹33.0 to ₹35.0 |
| Supreme Power Equipment Limited | 21-26 Dec | 2000 | ₹61.0 to ₹65.0 |
| Sameera Agro And Infra Limited | 21-27 Dec | 800 | ₹180.00- to ₹180.00 |
| Allied Blenders and Distillers | Coming Soon | — | ₹- to ₹- |
| Muthoot Microfin | Coming Soon | 51 | ₹270.00 to ₹291.00 |
| Innova Captab Ltd. | 21-26 Dec | 33 | ₹426.00 to ₹448.00 |
| AZAD Enginnering Ltd. | 20-22 Dec | 28 | ₹499 to ₹524 |
| Electro Force India Ltd. | 19-21 Dec | 1200 | ₹93.00 to ₹93.00 |
| SAHARA Maritime Ltd. | 18-20 Dec | 1600 | ₹81.00 to ₹81.00 |
| RBZ Jewellers Ltd. | 19-21 Dec | 150 | ₹95.00 to ₹100.00 |
| Happy Forgings Ltd. | 19-21 Dec | 17 | ₹808.00 to ₹850.00 |
In the List of Upcoming IPOs in December 2023 new companies are coming from different fields like technology, healthcare, and finance. Some are new ideas in technology, while others are in health or making things we use every day.
In the ever-evolving world of finance, IPOs (Initial Public Offerings) serve as a major milestone for companies looking to expand their horizons and invite public investment. December 2023 is shaping up to be an exciting month, with several promising companies gearing up for their IPOs. In this article, we will delve into the details of these Upcoming IPOs in December 2023 and provide you with a sneak peek into the potential of each company.
Following the success of the massive Tata Technologies IPO in November, investors and subscribers are poised for another exciting month in the Indian stock market. December 2023 is set to see a flurry of new issues, with six companies going public, making it a mega IPO month.
Indifra Ltd.
This stock is from the SME segment, known for lower liquidity and higher risk. Once it’s listed on NSE, it will be traded in lots of 2000 shares.
Indifra Limited stands out in managing infrastructure, laying gas pipelines, and distributing electrical appliances. Their commitment lies in providing top-notch services, ensuring safety, and introducing innovative solutions across their various ventures. Whether it’s crafting modern office spaces or serving as a top distributor for V Guard Appliances, Indifra Ltd. journey is defined by progress, trustworthiness, and ensuring their customers are satisfied.
Trident Techlabs Limited
This stock is from the SME segment, known for lower liquidity and higher risk. Once it’s listed on NSE, it will be traded in lots of 4000 shares after listing on NSE.
Techlabs began its journey in 2000 with the ambition to become a technology company focused on knowledge within the engineering field.
From its inception with a limited set of pre-packaged software, Techlabs has remained aware that while the quality of these software offerings is crucial for its business, expanding and entering new markets relies on the ability to enhance the value of every business deal.
Supreme Power Equipment Limited
This stock is from the SME segment, known for lower liquidity and higher risk. Once it’s listed on NSE, it will be traded in lots of 2000 shares.
For over 20 years, SUPREME POWER EQUIPMENT LIMITED (SPEL) has been crafting an extensive array of Power and Distribution transformers, ranging from 16KVA/11KV to 25MVA/132KV Class. They hold certifications such as ISO 9001:2015, ISO 14001:2015, and OSHAS 45001:2018, showcasing their commitment to quality and safety standards.
we have successfully supplied a wide range of transformers to diverse sectors including Electric Utility, Wind Mill, Solar, Hydel Power, Mining, and various industrial applications, effectively meeting customer requirements.
Sameera Agro And Infra Limited
Background and Success Story
Motisons Group an esteemed name in the thriving business landscape of Jaipur, first entered the scene in 1998 as a jeweller. Since its inception, this remarkable brand has swiftly gained acclaim not only within Jaipur but across the entire country. Renowned for their exceptional craftsmanship, Motisons Group has consistently captivated the masses with their exquisite collection of jewels, crafting some of the most magnificent pieces ever seen.
Exciting News: Motisons Jewellers IPO
In recent developments, Motisons Jewellers has unveiled an exciting opportunity for investors. The eagerly anticipated Motisons Jewellers Initial Public Offering (IPO) presents a book-built issue consisting of 2.75 crore shares. Notably, this offering exclusively comprises fresh issue shares, adding to the allure of this investment endeavor.
Key Dates and Listing Information
Investors and enthusiasts alike should mark their calendars, as the subscription for the Motisons Jewellers IPO is set to open on December 18, 2023. The window for subscription will close just two days later, on December 20, 2023. Keep an eye out for the allotment announcement, expected to be finalized on Thursday, December 21, 2023. Excitingly, the Motisons Jewellers IPO will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The tentative listing date has been fixed as Tuesday, December 26, 2023.
Suraj Estate Developers
Suraj Estate Developers Set to Launch In the Upcoming IPO list of December 2023
Mumbai-based real estate company, Suraj Estate Developers, is all set to open its IPO for subscription on December 18th.
- The company made significant progress this year, as it recently refiled its draft papers with the esteemed markets regulator, Sebi, back in July. This move demonstrates Suraj Estate Developers’ commitment to transparency and adherence to regulatory standards.
- The IPO consists of a fresh issue of up to Rs 400 crore, aimed at further fueling the company’s growth and expansion plans. Notably, there is no offer-for-sale segment, ensuring that investors can fully participate in the company’s future prospects.
- As investors eagerly await the price band announcement, it’s essential to explore Suraj Estate Developers’ financial performance and potential value in the market.
Innova Captab Ltd.
An integrated pharmaceutical company in India with a presence across the pharmaceuticals value chain including research and development, manufacturing, drug distribution and marketing, and exports.
Established in 2006 with a small base, They have grown from strength to strength, and for last more than 15 years, They are catering to top Indian pharmaceutical companies including 10 of the top 10, and 14 of the top 15. Market experts are predicting Innova Captab Ltd. could be oversubscribed in the Upcoming IPOs in December 2023.
Statistics of Innova Captab Ltd.
AZAD Enginnering Ltd.
Azad Engineering is one of the key manufacturers of qualified product lines in the aerospace and defense, energy, and oil and gas industries, manufacturing highly engineered, complex, and mission and life-critical components.
The company has over 15 years of experience as a tier I supplier of high-precision precision forged and machined components in the industries in which they operate.
Key Details of Azad Engineering
Investors are highly motivated about one Azad Engineering to invest in Upcoming IPOs in December 2023.
Impressive Financial Growth and Resilience
Over the past fiscal year, Suraj Estate Developers achieved outstanding financial results, showcasing its resilience and strategic vision.
In FY23, the company’s net profit soared to an impressive Rs 32.06 crore, marking a remarkable 20.98% increase compared to the previous year. This exceptional growth is a testament to the company’s ability to capitalize on market opportunities and deliver successful outcomes. Revenue during FY23 witnessed a substantial 12% surge, reaching Rs 306 crore. This notable increase can be attributed primarily to the successful launch of new projects in the value luxury segment and the additional floor transactions of commercial projects. Suraj Estate Developers’ well-planned strategies and strong market presence have contributed immensely to its financial success. A key highlight that showcases the company’s efficiency is the improvement in profit margins. In fiscal year 2023, Suraj Estate Developers achieved a significant profit margin of 10.49%, a commendable increase from the previous year’s 9.72%. This improvement reflects the company’s dedication to optimizing its operations, ensuring sustainable profitability, and meeting the expectations of its investors.
Conclusion
The list is going on of the Upcoming IPOs in December 2023. Some dates are not announced yet.