IPOs this week: Presstonic Engineering IPO to DOMS IPO – GMP, price band, allotment date | Markets News

By Cross Talk India Team On Dec 12, 2023

IPOs this week: Presstonic Engineering IPO to DOMS IPO – GMP, price band, allotment date

Presstonic Engineering IPO, DOMS IPO will launch this week (Pic: News9live)

Mumbai: Two IPOs and four SME issues will open for subscription this week. The IPOs have been giving good returns to the stock market investors in recent times. DOMS Industries IPO, India Shelter Finance IPO, Presstonic Engineering IPO, SJ Logistics IPO, Shree OSFM E-Mobility IPO and Siyaram Recycling Industries IPO will open for public subscription this week. The Recently listed Tata Technologies, Gandhar Oil Refinery and IREDA IPOs made a bumper opening on the stock exchanges.

Presstonic Engineering IPO

Presstonic Engineering IPO opens for subscription on December 11, 2023 and closes on December 13. The issue is entirely a fresh issue of 32.37 lakh shares. The investors have to bid for a minimum lot size of 1,600 shares and the minimum amount of investment required by retail investors is Rs 115,200.

Presstonic Engineering IPO GMP today is around 38-40 per cent. As per reports, Presstonic Engineering shares are expected to be listed at Rs 95 apiece as per GMP today.

SJ Logistics IPO

SJ Logistics IPO, a book-built issue of Rs 48 crores, opens for subscription on December 12, 2023 and close on December 14, 2023. The IPO price band is set at Rs 121 to Rs 125 per share. The minimum lot size is 1000 shares and the minimum amount of investment is Rs 125,000.

SJ Logistics IPO GMP today is very high. The shares of SJ Logistics are expected to be listed at 75-80 per cent premium, as per reports today. SJ Logistics IPO will list on NSE SME likely on December 19, 2023.

DOMS IPO

DOMS IPO will open for subscription on 13th December 2023 and close on December 15. The initial public offer is a book built issue of Rs 1,200.00 crores. The DOMS IPO shares will be allotted to successful investors on December 18, 2023, while the DOMS shares will be listed on BSE, NSE on December 20. The pen manufacturing company has fixed the IPO price at Rs 750 to Rs 790 per equity share. DOMS Industries Limited IPO GMP is Rs 482.

India Shelter Finance IPO

India Shelter Finance IPO, a book built issue of Rs 1,200.00 crores, will open for subscription on December 13, 2023 and closes on December 15. India Shelter IPO price band is fixed in the range of Rs 469 to Rs 493 per equity share.

The housing finance company is already creating a buzz in the grey market. According to reports, India Shelter Finance IPO GMP today at Rs 190-195 that means the shares of the company are expected to be listed at 38-40 per cent premium, as per the reports on December 11.

Shree OSFM E-Mobility IPO

Shree OSFM E-Mobility IPO will open for subscription on December 14, 2023 and close on December 18. An investor can bid for a minimum lot size of 2000 shares and the minimum amount required is Rs 130,000. The company that is involved in the business of providing employee transportation services to large MNC shares will get listed on the NSE SME platform.

Siyaram Recycling IPO

Siyaram Recycling IPO, a book built issue of Rs 22.96 crores, opens for subscription on December 14, 2023 and closes on December 18. Siyaram Recycling IPO price band is fixed at a range of Rs 43 to Rs 46 per share. The minimum lot size for an application is 3000 shares at a price value of Rs 138,000.