{"id":46839,"date":"2024-10-22T13:35:00","date_gmt":"2024-10-22T08:05:00","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=46839"},"modified":"2025-11-10T13:35:00","modified_gmt":"2025-11-10T08:05:00","slug":"upcoming-ipo-frenzy-9-public-issues-set-to-raise-rs10984-8-cr-key-insights-inside","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/upcoming-ipo-frenzy-9-public-issues-set-to-raise-rs10984-8-cr-key-insights-inside\/","title":{"rendered":"Upcoming IPOs: 9 Public Issues Set to Raise \u20b910,984.8 Cr \u2013 Key Insights Inside!"},"content":{"rendered":"
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This week, the Indian IPO market is buzzing with excitement as nine IPOs are set to open, raising a combined \u20b910,566 crores. Four are mainboard IPOs, while five are SME IPOs.<\/p>\n\n\n\n

So far, two mainboard IPOs and one SME IPO have opened for subscription and are generating significant interest. Waaree Energies, for example, was subscribed 4.2 times on its second day of bidding. With so many IPOs in the pipeline, investors are closely watching to see which will be the biggest winners. <\/p>\n\n\n\n

Ready to know more about these upcoming ipos<\/a>? Let’s go <\/p>\n\n\n\n

1. Waaree Energies Ltd<\/a>. IPO Subscription Status<\/strong><\/h2>\n\n\n\n

On the second day of bidding, Waaree Energies’ initial public offering<\/a> (IPO) was subscribed to an impressive 4.2 times. Retail individual and non-institutional investors (NIIs) have shown strong interest in the issue, with subscription rates<\/a> of 3.8 times and 10.40 times, respectively. The qualified institutional buyers (QIBs) segment is also seeing good traction. Source: <\/em><\/strong>Economic Times<\/em><\/strong><\/a><\/p>\n\n\n\n

2. Deepak Builders and Engineering IPO Subscription Status<\/strong><\/h2>\n\n\n\n

Deepak Builders IPO<\/a> received a subscription of 4.12 times on the first day of bidding. Retail investors showed the most interest, with a subscription rate of 6.12 times. Non-institutional investors subscribed 4.26 times, while qualified institutional buyers subscribed 52%. Source:<\/em><\/strong> Livemint<\/em><\/strong><\/a><\/p>\n\n\n\n

3. Godavari Biorefineries Ltd.<\/strong> IPO<\/h2>\n\n\n\n

Godavari Biorefineries Limited is offering a book-built issue of \u20b9544.75 crores. The IPO<\/a> includes a fresh issue of \u20b9325.00 crores and an OFS(offer for sale) of \u20b9229.75 crores. The shares will be listed on both BSE<\/a> and NSE<\/a>, with the allotment expected on October 25th and the listing tentatively set for October 30th. The minimum lot size is 42 shares, requiring a minimum investment of \u20b914,784 for retail investors. For HNIs, the minimum lot size investment is \u20b9206,976 for sNII and \u20b91,005,312 for bNII.<\/p>\n\n\n\n

Offer Price<\/strong><\/td>\u20b9334 \u2013 \u20b9352 per share<\/td><\/tr>
Face Value<\/strong><\/td>\u20b910 per share<\/td><\/tr>
Opening Date<\/strong><\/td>23 October 2024<\/td><\/tr>
Closing Date<\/strong><\/td>25 October 2024<\/td><\/tr>
Total Issue Size (in Shares)<\/strong><\/td>15,759,938 <\/td><\/tr>
Total Issue Size (in \u20b9)<\/strong><\/td>\u20b9554.75 Cr<\/td><\/tr>
Issue Type <\/strong><\/td>Book Built Issue IPO<\/a><\/td><\/tr>
Lot Size<\/strong><\/td>42 Shares<\/td><\/tr>
Listing at <\/strong><\/td>BSE, NSE<\/td><\/tr><\/tbody><\/table>
Source: <\/strong>SEBI<\/strong><\/a><\/figcaption><\/figure>\n\n\n\n

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Objectives of <\/strong>Godavari Biorefineries Ltd IPO<\/h3>\n\n\n\n

Godavari Biorefineries plans to use the IPO proceeds for:<\/p>\n\n\n\n