By earn 
Overview of Upcoming IPOs
The upcoming week is shaping up to be quite thrilling for investors, particularly with the launch of significant IPOs. Notably, Waaree Energies is set to go public, a move that holds substantial promise for market participants. With a well-structured approach, this IPO aims to attract attention and capital.
Details of Waaree Energies IPO
Scheduled from 21 to 23 October, the Waaree Energies IPO is priced between ₹1427 and ₹1503 per share, making it an attractive proposition for many. This public offering consists of 9 shares per lot, with a total issue size of ₹4,321.44 crore. It is important to note that 83.3% of this amount represents a fresh issue while the remaining 16.7% is an offer for sale. Investors should mark their calendars for the listing date, which is set for 28 October, as it promises to reveal the market’s enthusiasm.
Current Market Sentiments and GMP
Market conditions appear favorable, evidenced by the strong grey market premium (GMP) of ₹1510, indicating an impressive 101% gain. This bullish sentiment could serve as a clear signal for investors considering this offering. Likewise, the market’s reaction to Deepak Builders’ IPO is also anticipated with keen interest, bringing potential opportunities for various investment strategies.
