December 2024 is set to bring a variety of exciting IPOs to the market, offering opportunities for investors to participate in both established and emerging sectors. This article explores the key IPOs scheduled for launch, providing essential details about each one to help investors make informed decisions.

1. Property Share REIT IPO

The Property Share REIT IPO stands out as one of the most anticipated public offerings this December. With a book-built issue size of ₹352.91 Crores, this IPO is entirely focused on raising capital for property-related investments. The issue is a fresh issue of just 0.03 lakh shares, with a price band set between ₹1,000,000 to ₹1,050,000 per share.

Subscription Dates: The IPO opens from December 2 to December 4, 2024, and tentative allotment is expected on December 5, 2024. Retail investors will need a minimum investment of ₹1,050,000, which corresponds to purchasing a single share, making it a higher-ticket offering compared to other IPOs.

Lead Managers: The book-running lead manager for this IPO is ICICI Securities Limited, and Kfin Technologies Limited will serve as the registrar for the issue. This IPO will list on the BSE SME, with a tentative listing date of December 9, 2024.

2. Nisus Finance Services IPO

The Nisus Finance Services IPO is another significant offering scheduled for December 2024. The company is seeking to raise ₹114.24 Crores, which will be divided between a fresh issue of ₹101.62 Crores and an offer for sale of ₹12.61 Crores.

The price band for the IPO is set between ₹170 to ₹180 per share, and the minimum lot size for retail investors is 800 shares, equating to an investment of ₹144,000. The IPO is set to open for subscription on December 4 and closes on December 6, 2024, with the allotment expected to be finalized on December 9, 2024.

The listing will take place on BSE SME, with a tentative listing date of December 11, 2024. Beeline Capital Advisors Pvt Ltd and Skyline Financial Services Pvt Ltd will serve as the book running lead managers, with Spread X Securities acting as the market maker.

3. Emerald Tyre Manufacturers IPO

The Emerald Tyre Manufacturers IPO is set to raise ₹49.26 Crores, with a price band between ₹90 to ₹95 per share. The IPO consists of a fresh issue of 49.86 lakh shares and an offer for sale of 1.99 lakh shares.

The IPO will open for subscription from December 5 to December 9, 2024, with tentative allotment on December 10, 2024, and listing on December 12, 2024 on the NSE SME. Retail investors can invest a minimum of ₹114,000, which corresponds to a lot of 1,200 shares.

The book running lead manager for this IPO is GYR Capital Advisors Pvt Ltd, and Giriraj Stock Broking will be the market maker.

4. Rosmerta Digital Services IPO

The Rosmerta Digital Services IPO will raise ₹206.33 Crores entirely through a fresh issue of 140.36 lakh shares. The price band for the shares is set between ₹140 to ₹147 per share, with minimum lot size being 1,000 shares, requiring a minimum investment of ₹147,000.

While the IPO dates have not yet been finalized, the listing will occur on BSE SME, and the allotment is expected to happen soon after the close of the issue. The book running lead managers are Narnolia Financial Services Ltd and Beeline Capital Advisors Pvt Ltd, with Spread X Securities as the market maker.

5. Avanse Financial Services IPO

The Avanse Financial Services IPO will be a large offering, with an issue size of ₹3,500 Crores. This IPO will consist of a fresh issue of ₹1,000 Crores and an offer for sale of ₹2,500 Crores. Dates for the IPO have not been confirmed, but the price band and other details are still awaited.

The book running lead managers for this massive IPO include major players such as Kotak Mahindra Capital, Avendus Capital, J.P. Morgan India, and others. The IPO will be managed by Link Intime India Pvt Ltd as the registrar.

Conclusion

With multiple exciting opportunities lined up in December 2024, these IPOs present investors with a variety of choices depending on their budget and interest. Whether you are looking for a higher-investment opportunity like the Property Share REIT IPO or a smaller lot size like Emerald Tyre Manufacturers and Nisus Finance Services, there’s something for everyone. Keep an eye on the exact subscription dates and price bands to plan your investments accordingly.

The Upcoming IPOs in this week and coming weeks are Property Share REIT, Nisus Finance, Emerald Tyre Manufacturers, Rosmerta Digital and Avanse Financial. The Current active IPO is Ganesh Infraworld, Suraksha Diagnostic, Agarwal Toughened.
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