Have you left Tata Tech? Don't worry! 6 sizzling IPOs to spice up your portfolio this December!
Did FOMO (Fear Of Missing Out) make you give up on Tata Tech? Worry not, savvy investor, because December sizzles with a hot line-up of IPOs!
Mark your calendars:
Closes in...
1. DOMS Industries (Dec 13): This stationery giant aims to raise a cool ₹ 1,200 crore. Sew a pencil for this one!
Launch Date: 13th Dec to 15th Dec
Raising Amt: ₹1,200 Crores
Price: ₹750 to ₹790 per share
Purpose: To establish new Manufacturing Facility.
Background: DOMS Industries Limited is a stationery and art product company primarily engaged in designing, developing, manufacturing, and selling a wide range of stationery products under the flagship brand - "DOMS" along with other brand/sub-brands including C3, Amariz, and Fixyfix.
Closes in...
2. India Shelter Finance (Dec 13): Build your portfolio with this affordable housing management company. Get ready to give the roof off!
Launch Date: 13th Dec to 15th Dec
Raising Amt: ₹1,200 Crores
Price: ₹469 to ₹493 per share
Purpose: General Corporate Purposes.
Background: The company provides loans for house construction, extension, renovation, and purchase of new homes or plots. The company also offers loans against property (LAP).
Closes in...
3. Suraj Estate Developers (Dec 18): Brick by brick, this real estate company is making a solid IPO. Don’t miss the foundation!
Launch Date: 18th Dec to 20th Dec
Raising Amt: ₹400 Crores
Price: (*TBA) per share
Purpose: Repayment of Loans & Acquiring Land.
Background: Develops real estate across the residential and commercial sectors in the South Central Mumbai region.
(*TBA - To Be Announced)
4. Allied Blenders (Dec, TBA): Raise a toast to the IPO of this amazing wine. Officer’s Choice may soon be the MVP of your portfolio!
Launch Date: (*TBA)
Raising Amt: ₹2,000 Crores
Price: (*TBA) per share
Purpose: Prepayment of Borrowings.
Background: Largest Indian-owned, Indian-made foreign liquor. (Officer's Choice, Officers Choice Blue & Sterling)
(*TBA - To Be Announced)
5. Muthoot Microfin (Dec, TBA): Empowering small businesses, this IPO promises massive returns with social impact. Invest in a bright future!
Launch Date: (*TBA)
Raising Amt: ₹1,350 Crores
Price: (*TBA) per share
Purpose: Working Capital requirements.
Background: Microfinance institution - granting microloans to female customers, focusing on rural regions of India.
(*TBA - To Be Announced)
6. Jana Small Finance Bank (Dec, TBA): This small bank packs a big punch with new information and attractive OFS. Look at his rise!
Launch Date: (*TBA)
Raising Amt: ₹700 Crores
Price: (*TBA) per share
Purpose: Strengthening financial stability.
Background: Offers loans to MSMEs (micro, small and medium enterprises), agriculture, individuals, affordable housing and two-wheeler buyers, and also provides gold loans to customers.
(*TBA - To Be Announced)
So, ditch the FOMO and embrace IPOmo! Research, browse and choose your winners from this December party. Remember that while there is no guarantee of immediate performance, these IPOs have the potential to be a real game changer!
Happy to put it in! 🤑
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