"Exciting New Stocks Alert: Check Out Sheetal Universal, Graphisads, Marinetrans India, and Net Avenue Technology IPOs in December 2023!
Upcoming IPOs Checklist for December 2023:
New Delhi: As 2023 approaches its conclusion, numerous companies gearing up for their debut on the stock market are set to unveil their Initial Public Offerings (IPOs). Many of these enterprises have secured final approvals, with all of them having already submitted their Draft Red Herring Prospectuses (DRHPs) to the market regulator.
Sheetal Universal's IPO:
Sheetal Universal is poised to raise Rs 23.80 crore through its forthcoming IPO, scheduled to commence on December 4, 2023, and conclude on December 6. Priced at Rs 70 per share, the IPO features a minimum lot size of 2,000 scrips. Investors can expect the allotment results to be declared by December 7, 2023, with a potential listing date set for December 11, 2023.
Graphisads IPO:
Graphisads initiated its IPO on November 30, 2023, and is open for investments until December 5, 2023. Valued at Rs 53.41 crore, the IPO consists of 48.12 lakh shares priced at Rs 111 each. The minimum lot size is 1,200 scrips, translating to Rs 1,33,200 for retail investors. Allotment for this IPO is anticipated on December 8, 2023, and the company may get listed on the exchanges by December 13, 2023.
Marinetrans India IPO:
Marinetrans India's IPO, valued at Rs 10.92 crore, is available for subscription from November 30, 2023, to December 5, 2023. The company aims to finalize the allotment on December 8, 2023, and is targeting a listing on the exchanges by December 11, 2023. Investors are closely monitoring this offering, which includes 42 lakh freshly issued equity.
Net Avenue Technology IPO:
Net Avenue Technology is presenting a Rs 10.25 crore IPO for 56.96 lakh shares. The subscription window opened on November 30, 2023, and is set to close on December 4, 2023. With a minimum lot size of 8,000 stocks priced at Rs 16-18 apiece, investors can anticipate the allotment results on December 7, 2023, and a potential listing date on December 12, 2023.
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