Upcoming IPOs in December 2023. A good opportunity to earn…Where to invest?

Many companies are lined up to launch their public offer, as it is one of the great sources for any organization to raise money through the market. People are also willing to invest and the market has also seen a multiple-fold in the valuation of stocks it’s a win-win situation for both investors and companies.

Being a retail investor, it is a good opportunity to make money, no doubt there is always risk involved in the securities market. but as it is said more risk more return. So here is a list of upcoming IPOs for your reference

List Of IPOs coming next week

Muthoot Microfin

Muthoot Microfin provides micro-loans such as income-generating loans to women from rural and underprivileged areas engaged in small business, to promote entrepreneurship among women.

This IPO will open for subscription on Dec 18, 2023. and is planning to raise 960 Crore. IPO will close on Dec 20, 2023

The price band for the issue is fixed at 277-291. The purpose of the IPO is to meet the future financial requirements of the organization.

You can bid for a minimum of 51 equity shares and multiple thereafter, and hence the minimum investment by retail investors would be between Rs.14127/- to 14,841/-.

Motisons Jewellers

Motisons Jewellers is a Jaipur-based jewellery retail store with a network of four jewellery showrooms. The IPO will open for subscription on Dec 18, 2023, and will close on Dec 20, 2023. The price band for the offer is fixed at Rs. 52-55 per share.

The minimum lot size for the application is 250 shares and hence a retail investor needs to invest a minimum of Rs. 13750/-

They intend to raise Approx 151 crore and the amount will be utilized for repayment of loans, working capital requirements, and other purposes of the organization.

Happy Forgings

Happy Forging is an Indian manufacturer with expertise in manufacturing and designing heavy forgings and high-precision components of the machine.

The price band for the issue is Rs. 808-850. Investors can bid for a minimum of 17 equity shares and multiples thereafter. Hence the investment by retail investors will be between Rs. 13,736 to Rs. 14,450.

The IPO will open on Dec 19, 2023, and will close on Dec 21, 2023.

RBZ Jewelers

RBZ Jewellers is an Ahmedabad-based jewellers store, they design and manufacture antique bridal gold jewellery.

The IPO will open on Dec 19, 2023, and will close on Dec 21, 2023. The price band is set from Rs.95 to Rs.100 per share. The minimum lot size is 150 shares, and hence the amount a retail investor needs to invest ranges to Rs. 15000.