Upcoming IPOs in December 2023

• Allied Blenders and Distillers Ltd 

Founded in 2008, Allied Blenders and Distillers stands as a prominent Indian manufacturer of foreign liquor. Their product lineup encompasses various categories, including whisky, brandy, rum, and vodka. They also market Officer’s Choice, Officer’s Choice Blue, and Sterling Reserve branded packaged drinking water.

The launch of Officer’s Choice Whisky in 1988 marked their entry into the higher-end whisky segment. This brand achieved notable success, becoming one of the highest-selling whisky brands globally in terms of sales volume from 2016 through 2019.

Allied Blenders has an international presence, exporting to 22 countries across regions like the Middle East, North and South America, Africa, Asia, and Europe as of December 31, 2021.

The company operates a large distillery in Rangapur, Telangana, covering 74.95 acres with over 25,000 square meters of built-up space. Their annual production capacity of extra neutral alcohol (ENA), a crucial ingredient in their products, reaches 54.75 million litres. 

• Sheetal Universal Ltd 

Founded in 2015, Sheetal Universal Limited specialises in procuring, processing, and distributing various agricultural products. Their offerings include peanuts, sesame seeds, a variety of spices, grains, and other agricultural commodities. These products primarily cater to manufacturers in industries like peanut butter production, baking (biscuits and cakes), chocolate, and various other food sectors.

Sheetal Universal’s product portfolio encompasses a diverse range of items, including spices, peanuts, sesame seeds, pulses, and an assortment of other agro-products.

Located in Jamnagar, Gujarat, the company boasts a manufacturing and processing facility that spans around 14,668 square meters. 

Sheetal Universal’s business reach is global, with a customer base that extends across various countries, including the Russian Federation, Indonesia, Malaysia, Vietnam, the UAE, Iran, Algeria, Israel, Turkey, and Egypt.

• Marinetrans India Ltd 

Established in 2004, Net Marinetrans India Ltd specialises in sea freight forwarding. Initially a freight forwarder, the company expanded its services to include Door-to-Door Delivery and 3PL services for the logistics sector. The firm has formed informal partnerships with third-party logistics (3PL) entities. Its service offerings are diverse, focusing on transport management and freight services, including sea and air freight forwarding.

Headquartered in Navi Mumbai, Maharashtra, Marinetrans India also has a presence in Ahmedabad, Gujarat. The company operates through key ports like JNPT, Nhava Sheva, Mundra, Kandla, Chennai, and Vizag, utilising them as pivotal points for global cargo movement.

The company does not directly operate through ports. Still, it offers a comprehensive range of services, including freight handling, logistics, warehousing, import/export documentation, sea and air shipments, cross trade, and break bulk handling.

• Graphisads Ltd

Established in 1987, Graphisads Limited is an integrated marketing, advertising, and communications agency that provides comprehensive solutions to a diverse clientele. Specialising in advertising services for Government, Private, and Public sectors, 

Graphisads offers end-to-end ad-tech communication solutions, covering Brand and Communication Strategy, Creative Services, and Media Planning. Noteworthy accolades include the Best Media Agency of the Year 2013 and multiple awards for creative excellence. In fiscal years 2021 to 2023, the company recorded revenue figures of ₹4,567.59 lakh, ₹8,917.07 lakh, and ₹9,843.4 lakh, respectively.

• Net Avenue Technologies Ltd

Founded in 1998, Net Avenue Technologies Limited, previously known as Net Avenue Inc., is a stalwart in the online digital direct-to-consumer business, focusing on Indian ethnic wear and accessories. Renowned platforms like cbazaar.com and ethnovog.com offer global consumers a diverse range of Indian ethnic clothing and jewellery. 

Cbazaar, a key brand under Net Avenue, has garnered recognition and is rated among the best online shops in the United States in 2020. Net Avenue Technologies continues to thrive by providing size-inclusive and budget-friendly fashion choices. Its product portfolio spans Lehenga Choli, Salwar Kameez, Gowns, Kurtas, Sherwani, and more.

• Deepak Chemtex Ltd

With incorporation in 1997, Deepak Chemtex Limited is a significant player in manufacturing colourants for various industries, including Food, Drug, Cosmetics, and Agriculture. The company produces FDC (Food, Drug, and Cosmetic) colours, salt-free dyes for the inkjet industry, and colourants for diverse applications such as car wash products, crop protection, and floral dyes. 

Deepak Chemtex has a product portfolio of over 100 products. The company has a manufacturing unit in Maharashtra, with a production capacity of over 1,200 metric tonnes per annum, adheres to international standards, and holds ISO 9001:2015 accreditation. The company’s global presence extends to countries like China, France, Mexico, and the United States, reflecting its commitment to quality and compliance.

• AMIC Forging Ltd

Founded in 2007 as Kali Mata Forging Private Limited, AMIC Forging Limited specialises in manufacturing forged components for various industries. Producing precision machined components, the company serves sectors such as Heavy Engineering, Steel, Oil & Gas, Petrochemicals, and Power. 

Its forging unit, equipped with advanced machinery, has a capacity of 6m/ton electrohydraulic hammer and a 1m/ton pneumatic hammer. With facilities for heat treatment and machining, AMIC Forging Limited reported revenue of ₹7,111.97 lakh for the period ending June 30, 2023.

How To Apply for an IPO?

Apply for an IPO with Angel One in 5 easy steps. To initiate the application for an IPO through Angel One, start by logging into the Angel One App or website. 

1. Navigate to the ‘IPO’ section on the Home page. 
2. Choose the specific IPO of interest and carefully review the details, such as maximum quantity, maximum investment, and information about the company.
3. Proceed by clicking on ‘Apply Now’ to begin the application process. 
4. Specify the number of lots you wish to apply for and set the bidding price, including your UPI ID. 
5. After inputting these details, confirm your bid and be prepared to accept the payment mandate that will be sent to your UPI App.

Once you successfully complete these steps, your IPO application will be submitted. To monitor the progress and status of your IPO, you can conveniently check the ‘Order Book’ section. This straightforward process ensures a seamless application experience for participating in IPOs through Angel One.

Conclusion

IPOs hold intrinsic value for both investors and company proprietors. For investors, they represent a golden opportunity to acquire shares in an emerging company early on, potentially realising substantial gains as the company progresses. Conversely, for company owners, IPOs provide a gateway to significant capital injection, facilitating expansion, debt alleviation, and more. Additionally, they enhance the company’s visibility and credibility, rendering it an appealing prospect for future funding and collaborations.

Nevertheless, prospective IPO investors should meticulously scrutinise the company’s details and financials and assess market prospects before making informed decisions.

Anticipate the launch of several IPOs in December 2023. 

For comprehensive information on the upcoming IPOs throughout 2023, explore the IPOs section within the Angel One App. If you do not have the app yet, download it and open your free Demat account with Angel One now!

Disclaimer: This article has been written for educational purposes only. The securities quoted are only examples and not recommendations.