The IPO market is gearing up for a busy period with the launch of upcoming IPOs 2024 from four companies: Waaree Energies, Deepak Builders, Afcons Infrastructure, and Godavari, all in the mainboard segment.
As per the trusted nesw site livemints The IPO market is set for an active phase with upcoming IPOs 2024 from Waaree Energies, Deepak Builders, Afcons Infrastructure, and Godavari in the mainboard segment. Next week, Hyundai India and two other IPOs are also expected to list.
“India’s primary market is witnessing significant growth, driven by strong investor interest and a surge in upcoming IPOs 2024. In September alone, 15 DRHPs were filed in a single day, marking the busiest period in 14 years. So far in 2024, 63 IPOs have been launched, with most performing well post-listing despite the challenges posed by market volatility and global uncertainties,” highlighted Pantomath Capital Advisors.
Here’s a list of Upcoming IPOs 2024 which will remain open for subscription next week –
Waaree Energies IPO Details
The Waaree Energies IPO is set to open for subscription from October 21 to October 23, 2024. This book-built issue, part of the upcoming IPOs 2024, is valued at ₹4,321.44 crore, featuring a fresh issue of 2.4 crore shares aimed at raising ₹3,600 crore, along with an offer for sale of 0.48 crore shares worth ₹721.44 crore.
The price band for this IPO is established between ₹1,427 and ₹1,503 per share. The lead managers for this offering include Axis Capital Limited, IIFL Securities Ltd, Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Pvt Ltd, SBI Capital Markets Limited, Intensive Fiscal Services Private Limited, and ITI Capital Ltd. Link Intime India Private Ltd will serve as the registrar for the issue.
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Deepak Builders & Engineers IPO Details
The Deepak Builders & Engineers IPO, part of the upcoming IPOs 2024, is set to open for subscription from October 21 to October 23, 2024. This book-built issue is valued at ₹260.04 crores, comprising a fresh issue of 1.07 crore shares worth ₹217.21 crores and an offer for sale of 0.21 crore shares amounting to ₹42.83 crores.
The price band for the Deepak Builders & Engineers IPO has been established at ₹192 to ₹203 per share. Fedex Securities Pvt Ltd is the lead book manager for this IPO, and Kfin Technologies Limited will serve as the registrar for the issue.
Godavari Biorefineries IPO
The Godavari Biorefineries IPO, part of the upcoming IPOs 2024, will be available for subscription from October 23 to October 25, 2024. This book-built issue is valued at ₹554.75 crores, comprising a fresh issue of 0.92 crore shares amounting to ₹325.00 crores, along with an offer for sale of 0.65 crore shares totaling ₹229.75 crores.
This IPO presents an exciting investment opportunity as Godavari Biorefineries continues to expand its operations in the biofuels and bioproducts sector. Be sure to mark your calendars for these dates to participate in this promising offering.
Godavari Biorefineries IPO Pricing and Management
The price range for the Godavari Biorefineries IPO, part of the upcoming IPOs 2024, has been established between ₹334 and ₹352 per share. Equirus Capital Private Limited and SBI Capital Markets Limited are the book-running lead managers overseeing this IPO, while Link Intime India Private Ltd will serve as the registrar for the offering.
With this structured management team in place, the subscription process is set to be smooth, making it an attractive option for investors eager to participate in this upcoming IPO.
Afcons Infrastructure IPO Details
The Afcons Infrastructure IPO, part of the upcoming IPOs 2024, will open for subscription from October 25 to October 29, 2024. This book-built issue has a total size of ₹5,430 crores, consisting of a fresh issue of ₹1,250 crores and an offer for sale amounting to ₹4,180 crores.
The management team for the Afcons Infrastructure IPO includes leading firms such as ICICI Securities Limited, Dam Capital Advisors Ltd (formerly IDFC Securities Ltd), Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, and SBI Capital Markets Limited. Link Intime India Private Ltd will act as the registrar for this offering.
This IPO presents a significant opportunity for investors aiming to capitalize on the growth potential within the infrastructure sector.
Premium Plast IPO Details
The Afcons Infrastructure IPO, part of the upcoming IPOs 2024, will open for subscription from October 25 to October 29, 2024. This book-built issue has a total size of ₹5,430 crores, consisting of a fresh issue of ₹1,250 crores and an offer for sale amounting to ₹4,180 crores.
The management team for the Afcons Infrastructure IPO includes renowned firms such as ICICI Securities Limited, Dam Capital Advisors Ltd (formerly IDFC Securities Ltd), Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Pvt Ltd, Nuvama Wealth Management Limited, and SBI Capital Markets Limited. Link Intime India Private Ltd will act as the registrar for this offering.
This IPO presents a significant opportunity for investors looking to capitalize on the growth potential of the infrastructure sector.
Danish Power IPO
The Danish Power IPO, part of the upcoming IPOs 2024, will be open for subscription from October 22 to October 24, 2024. This book-built issue is valued at ₹197.90 crores, consisting entirely of a fresh issuance of 52.08 lakh shares.
- Price Band: ₹360 to ₹380 per share
- Lead Manager: Hem Securities Limited
- Registrar: Link Intime India Private Ltd
- Market Maker: Hem Finlease
This IPO offers an exciting opportunity for investors looking to participate in the growing power sector.
United Heat Transfer IPO
The United Heat Transfer IPO, part of the upcoming IPOs 2024, will open for subscription from October 22 to October 24, 2024. This book-built issue has a total size of ₹30 crores, consisting of a fresh issuance of 50.84 lakh shares.
- Market Maker: Swastika Investmart
- Price Range: ₹56 to ₹59 per share
- Lead Manager: Swastika Investmart Ltd
- Registrar: Link Intime India Private Ltd
This IPO presents a promising opportunity for investors interested in the heat transfer industry.
OBSC Perfection IPO
The OBSC Perfection IPO, part of the upcoming IPOs, will be available for subscription from October 22 to October 24, 2024. This book-built issue aims to raise ₹66.02 crores through a fresh issuance of 66.02 lakh shares.
- Price Band: ₹95 to ₹100 per share
- Lead Manager: Unistone Capital Pvt Ltd
- Registrar: Bigshare Services Pvt Ltd
- Market Maker: R.K. Stock Holding
This IPO offers an attractive opportunity for investors looking to engage with the company’s growth potential.
Usha Financial Services IPO
The Usha Financial Services IPO, part of the upcoming IPOs 2024, will be open for subscription from October 24 to October 28, 2024. This book-built issue is valued at ₹98.45 crores, consisting entirely of a fresh issuance of 58.6 lakh shares.
- Price Band: ₹160 to ₹168 per share
- Lead Managers: Narnolia Financial Services Ltd and Unistone Capital Pvt Ltd
- Registrar: Skyline Financial Services Private Ltd
- Market Maker: Ss Corporate Securities
This IPO provides an excellent opportunity for investors interested in the financial services sector.
New Listings
- Hyundai Motor IPO: The allotment for the Hyundai Motor IPO was finalized on October 18, 2024, and it is scheduled to list on the BSE and NSE on October 22, 2024.
- Lakshya Powertech IPO: The allotment for the Lakshya Powertech IPO is expected to be finalized on October 21, 2024, with a tentative listing date on the NSE SME set for October 23, 2024.
- Freshara Agro Exports IPO: The allotment for the Freshara Agro Exports IPO is expected to be finalized on October 22, 2024, with a tentative listing date on the NSE SME set for October 24, 2024.
