October And November month gave us several big IPOs. But now everyone is curious to know the upcoming IPOs in December 2023. The list of top 5 IPOs is available here with the expected launch date. There were some of the recent IPOs launched in November were Honasa Pvt. Ltd., ROX Hi-tech, and Baba Food Processing IPO. IPO refers to the initial public offerings a company makes to gather funding for its business growth. The company provides its profit shares in exchange for the money.
Top 5 IPOs To Open In December 2023
These are the top five IPOs to open in December 2023 (most probably). The exact date of the IPO will be released in the upcoming week before the IPO launch is finalised by the top management. Here you going to get all the necessary details such as GMP, allotment status, price band, and subscription status.
Tata Play: Tata Play is also known as Tata Sky. The company has submitted a pre-filed draft document for IPO in India. They might release the IPO in the current year. It will be a mix of Offers for Sales and fresh issue shares.
First Meridian Business: The company can release an IPO by the end of 2023. They have an EBITDA of 394.14 in FY 2021. The date for the IPO is yet to be announced.
Lohia Corp: The company is looking forward to launching its IPO by next month. It will be listed on both NSE and BSE. The shares have a face value of Rs. 1 per share.
Nova Agritech: The company will have its IPO launch by 2023 end. It has an EBITDA of 1325.14 for Sep 2022 with an ROE of 14.72.
Gold Plus Glass: The company can launch the IPO by 2024 beginning. The exact date is yet to be announced. We will update you more about the release.
IPO Released In November 2023
Here we are also sharing the list of IPOs that were released in November 2023.
Cello World Limited: The IPO was released successfully and working well in the market. It has several products ranging from bottles to pens and other household items.
Honasa Consumer: The company launched the IPO in November starting. It performed well for a few days. It is showing a fall currently.
Ebix Cash Limited: The company provides digital services in B2C and B2B. They had one of the biggest IPOs in the month. It was a 6,000 crores IPO.
These were the upcoming IPOs that could be released soon. We prefer you to have decent research about the companies mentioned above before any investment. Stay tuned for more information.