Upcoming IPOs: Waaree Energies and Deepak Builders Set To Launch After Hyundai Motors

There has been huge buzz around the Hyundai IPO, as the company is set to allot the IPO shares today and it will list on the Bombay Stock Exchange And National Stock Exchange on October 22, 2024.After Hyundai Motors IPO, two more Initial Public Offerings (IPOs) are set to open for public. Waaree Energies and Deepak Builders & Engineers are preparing for their market launch next week.

Waaree Energies IPO DetailsThe Waaree Energies IPO is scheduled to start from October 21 and the IPO will end on October 23, 2024. The book-built issue plans to collect Rs 4,321.44 crores through a fresh issue of 2.4 crore shares worth Rs 3,600 crores and an offer to sell 0.48 crore shares worth Rs 721.44 crores. Waaree Energies' price band is from Rs 1,427 to Rs 1,503 per share, with a minimum lot size of nine shares. Deepak Builders & Engineers IPO DetailsDeepak Builders & Engineers will also launch an IPO for subscription on October 21 and the IPO will close on October 23, 2024.

The book-built offering plans to raise Rs 260.04 crores through a fresh issue of 1.07 crore shares valued at Rs 217.21 crores and an offer for sale of 0.21 crore shares worth Rs 42.83 crores. The price band for this IPO is Rs 192 to Rs 203 per share, with a minimum investment of Rs 14,819 for retail investors and a lot size of 73 shares.(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)