The Indian stock market has reached new heights these days. Last week and the beginning of this week were a relief for the stock market like 'warm sunshine in winter' and the market touched a record high. Last week, shares of Tata Technology, Gandhar Oil, Flair Writing and IREDA were listed, all the shares debuted in the market with huge premium. Now many more IPOs are going to knock in the month of December, so get ready to earn from IPO.
Last week, Tata Technology's shares were listed with 140% premium, Flair Writing's 65%, Gandhar Oil's 76% and renewable energy sector government company IREDA's shares were listed with 56% premium. There has been a tremendous surge in the stock market since Monday after BJP's victory in three states. Now it remains to be seen what wonders these upcoming IPOs will do…
These IPOs are coming to earn money
The list of IPOs to be launched in December 2023 includes many companies from different sectors. Know about them here…
Ascent Microcell: The IPO of this company will be launched on 8th December and will close on 12th December. The company will issue shares worth a total of Rs 78.40 crore. In this, 56 lakh completely new shares of the company will be issued. Its share price band is Rs 133 to 140. To invest in IPO you will have to buy at least 1000 shares.
Doms Industries: The IPO of this company will be open from December 13 to December 15. This company of stationery sector will raise Rs 1200 crore from IPO. In this, new shares worth Rs 350 crore and offer for sale shares worth Rs 850 crore will be available. However, their price band has not been announced yet.
Sheetal Universe: The IPO of this agriculture sector company has opened on 4th December. It will close on 6th December. The company has set a target of raising Rs 23.80 crore from the IPO. Its share price band is Rs 70. To invest in IPO, a lot of at least 2000 shares will have to be taken.
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