Dalal Street Buzzes: Here are 4 IPOs for the week

Amidst Dalal Street's upbeat atmosphere, benchmark indices, broer markets, and multiple sectors achieving new milestones, primary market is showing increased activity. Twelve companies are set to launch initial public offerings (IPOs) next week, accompanied by eight new listings, aiming to raise over Rs 4,600 crore starting December 18. This follows last week's IPOs, which amassed nearly Rs 4,000 crore by December 15.

This optimism stems from robust economic growth, expectations of continued policies post-recent state election outcomes, anticipated monetary policy easing by central banks in upcoming year, favourable oil prices, projected earnings growth, and a stey inflow of domestic funds. Here are four IPOs opening from Monday onwards:

1. Motisons Jewell: This IPO will be open on December 18 and close on December 20. This will be issued at Rs 52 to Rs 55. issue size reported is Rs 142.85 crore to Rs 151.09 crore, and lot size will be 250.

2. Muthoot Microfi: This IPO will be open until December 20, and issue price will be Rs 277 to Rs 291. issue size is Rs 960 crore, and lot number will be 51.

3. Suraj Estate: IPO for Suraj Estate will close on December 20, and issue price will be Rs 340 to Rs 360. issue size would be Rs 400 crore, and 41 would be lot size.
 

4. Sahara Marinetime: IPO will be issued at Rs 81 and close on December 20. lot size will be 1600, and issue size will be Rs 6.88 crore.
Considering this week's figures, total funds raised by 239 companies this year, including SMEs, will reach Rs 57,720 crore in ongoing calendar year. This falls short of Rs 61,900 crore raised through 150 IPOs launched previous year.