Four IPOs open for subscription on Monday

Three companies are set to go public through initial public offerings (IPOs) in December 2023. Let’s take a closer look at each IPO:

1. **Muthoot Microfin Limited IPO:**
– Dates: December 18, 2023, to December 20, 2023
– Price Range: ₹277.00 to ₹291.00 per share
– Issue Size: ₹960.00 crore
– Lot Size: 51 shares
– Exchanges: BSE, NSE

Muthoot Microfin Limited is entering the market with an IPO in the price range of ₹277.00 to ₹291.00 per share. The issue is set to raise ₹960.00 crore and will be available for trading on both the BSE and NSE.

2. **Motisons Jewellers Limited IPO:**
– Dates: December 18, 2023, to December 20, 2023
– Price Range: ₹52.00 to ₹55.00 per share
– Issue Size: ₹151.09 crore
– Lot Size: 250 shares
– Exchanges: BSE, NSE

Motisons Jewellers Limited is bringing its IPO to the market with a price range of ₹52.00 to ₹55.00 per share. The IPO aims to raise ₹151.09 crore and will be listed on both the BSE and NSE.

3. **Suraj Estate Developers Limited IPO:**
– Dates: December 18, 2023, to December 20, 2023
– Price Range: ₹340.00 to ₹360.00 per share
– Issue Size: ₹400.00 crore
– Lot Size: 41 shares
– Exchanges: BSE, NSE

Suraj Estate Developers Limited is set to launch its IPO with a price range of ₹340.00 to ₹360.00 per share. The company aims to raise ₹400.00 crore through the offering, and the shares will be listed on both the BSE and NSE.

Additionally, there is another IPO in the market:

4. **Sahara Maritime Limited IPO:**
– Dates: December 18, 2023, to December 20, 2023
– Price: ₹81.00 per share
– Issue Size: ₹6.88 crore
– Lot Size: 1,600 shares
– Exchange: BSE SME

Sahara Maritime Limited is launching its IPO at ₹81.00 per share, aiming to raise ₹6.88 crore. This IPO is specifically listed on the BSE SME platform.

Investors interested in these IPOs should carefully consider the price range, issue size, and lot size before making investment decisions. The IPO period is from December 18, 2023, to December 20, 2023, and the shares will be available for trading on the respective stock exchanges after the conclusion of the IPO.

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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