There were ten initial public offerings (IPO) in November, giving investors possibilities to invest. Investors responded enthusiastically to some of these initial public offerings, including Bikaji Food International, Inox Green Energy Services, and Dharmaj Crop Guard.
If you're looking out to invest, December will also see a handful of initial public offerings .
The financial services arm of the Abans Group, Abans Holdings Ltd's IPO subscription would begin on December 12, and close on December 14.
The issue size comprises of 12,800,000 shares of 2 rupees each, out of which, 3,800,000 shares comprises of fresh issue and 9,000,000 shares comprises of offer for sale by the promoter selling shareholder.
According to the company's DRHP, the net fresh issue's goals are to generate money for additional investments in their NBFC Subsidiary (Abans Finance Pvt Ltd), which would help it finance the expansion of its capital and meet future capital needs.
The subscription offer period for Droneacharya Aerial Innovations, a drone startup based in Pune, will begin on December 13 and close on December 15, 2022.
With an initial public offering of shares, the company plans to raise close to 34 crore rupees, and has set 52 - 54 rupees per share as the price band of the issue. The company's shares will be listed on the BSE SME exchange.
Sula Vineyards Ltd, IPO opens on December 12, and closes on December 14. The company's DRHP, submitted in July, states that up to 25,546,186 equity shares may be included in the offer for sale.
The shares of the company will be listed on BSE, and NSE.
Puranik Builders, Landmark Cars, Oyo, PharmEasy, Infinion Biopharma, and Go Airlines are also some of the other companies releasing their initial public offerings in December.