Upcoming IPO In December 2023: As the year comes to an end, the Indian stock market has been showing a bullish trend for the past two weeks. The Sensex touched the 7,00,00 mark for the first time in today's early trade. Several reasons are pushing the bullish trend in the market and Investor's strong inclination toward Initial Public Offerings (IPOs) is one of them.

Earlier this month, IPOs of Tata Technologies, Gandhar Oil Refinery, Flair Writing Industries, and IREDA attracted overwhelming responses from investors. They all listed on exchanges with more than 50% premium, Infact, Shares of Tata Tech started trading above 140% of its issue price. This week two more IPOs are scheduled to open for subscription. Below are the details of the IPOs.

Indian Shelter Finance IPO Details

Indian Shelter Finance IPO bidding dates

The IPO of India Shelter Finance, a company that deals in affordable housing loans, will be opened for subscription on 13 December. It will close on December 15.

Lot Size and price range of Indian Shelter Finance IPO

If you are willing to bet on the IPO then you have to buy a lot of minimum 30 shares worth of Rs 14,070. The board of directors of the company has decided on a price range between Rs 466 to Rs 493 for the IPO.

What is the Issue Size of Indian Shelter Finance IPO

Indian Shelter Finance focuses on house loans in tier II and tier III cities. The company primarily targets self-employed individuals, and first-time home loan seekers in low and middle-income segments. With the IPO, the company aims to raise Rs 1200 Cr (Indian Shelter Finance IPO Issue Size 1200 Cr). The company was founded in 1998.

DOMS Industries IPO Details

Doms Industries IPo bidding dates

The IPO of DOMS Industries, a company engaged in the manufacturing, development, design, and sale of diverse stationery and art products, will be opened for subscription between 13 to 15 December.

DOMS Industries IPO's Lot Size and Price Range

Investors willing to subscribe to the IPO will have to purchase at least a lot of 18 shares (DOMS industries IPO lot size). The Board member of the company decides a price range between Rs 750 to Rs 790. (DOMS Industries IPO Price Range)

DOMS Industries IPO Issue Size

The company, founded in 2006, has a presence in more than 45 countries. It has specialization in categories including scholastic stationery, paper stationery, kids and combos, and fine art products. With the IPO the stationery product manufacturer aims to raise Rs 1200 Cr.

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