5 IPOs open for subscription on tuesday

Several companies are set to launch their initial public offerings (IPOs) in December 2023. Let’s delve into the details of each IPO:

1. **Shanti Spintex Limited IPO:**
– Dates: December 19, 2023, to December 21, 2023
– Price Range: ₹66.00 to ₹70.00 per share
– Issue Size: ₹31.25 crore
– Lot Size: 2,000 shares
– Exchange: BSE SME

Shanti Spintex Limited is scheduled to launch its IPO with a price range of ₹66.00 to ₹70.00 per share. The company aims to raise ₹31.25 crore through this offering, and the IPO will be listed on the BSE SME exchange.

2. **Happy Forgings Limited IPO:**
– Dates: December 19, 2023, to December 21, 2023
– Price Range: ₹808.00 to ₹850.00 per share
– Issue Size: Not specified
– Lot Size: 17 shares
– Exchanges: BSE, NSE

Happy Forgings Limited is set to launch its IPO with a price range of ₹808.00 to ₹850.00 per share. The issue size is not specified, but the lot size is 17 shares. The shares will be listed on both the BSE and NSE.

3. **RBZ Jewellers Limited IPO:**
– Dates: December 19, 2023, to December 21, 2023
– Price Range: ₹95.00 to ₹100.00 per share
– Issue Size: ₹100.00 crore
– Lot Size: 150 shares
– Exchanges: BSE, NSE

RBZ Jewellers Limited’s IPO is in the price range of ₹95.00 to ₹100.00 per share, aiming to raise ₹100.00 crore. The lot size for this IPO is 150 shares, and it will be listed on both the BSE and NSE.

4. **Credo Brands Marketing Limited IPO:**
– Dates: December 19, 2023, to December 21, 2023
– Price Range: ₹266.00 to ₹280.00 per share
– Issue Size: ₹549.78 crore
– Lot Size: 53 shares
– Exchanges: BSE, NSE

Credo Brands Marketing Limited is bringing its IPO to the market with a price range of ₹266.00 to ₹280.00 per share. The company aims to raise ₹549.78 crore, and the lot size is 53 shares. The shares will be listed on both the BSE and NSE.

5. **Electro Force (India) Limited IPO:**
– Dates: December 19, 2023, to December 21, 2023
– Price: ₹93.00 per share
– Issue Size: ₹80.68 crore
– Lot Size: 1,200 shares
– Exchange: NSE SME

Electro Force (India) Limited is launching its IPO at ₹93.00 per share, targeting to raise ₹80.68 crore. The lot size for this IPO is 1,200 shares, and it will be listed on the NSE SME exchange.

Investors interested in these IPOs should carefully review the price range, issue size, and lot size before making investment decisions. The IPO period is from December 19, 2023, to December 21, 2023, and the shares will be available for trading on the respective stock exchanges post the IPO conclusion.

Profit Must is being built by a passionate team with in-depth understanding of the IPO sector and stock market. The team does their own research and publishes articles on Profitmust.com based on their findings.

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