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Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr

Six companies have already completed their fundraising process; two were listed on Wednesday.

IPO
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Sundar Sethuraman Mumbai
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.

Six companies have already completed their fundraising process, with two being listed on Wednesday.

Stationery products firm DOMS Industries and home financier India Shelter Finance Corporation (IndiaShelter) debuted on the bourses on Wednesday.

DOMS Industries ended the session at Rs 1,331, 68.5 per cent above

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