Waaree Energies IPO, Deepak Builders IPO close today: GMP, subscription status

Waaree Energies (issue size: Rs 4,321.44 crore) and Deepak Builders & Engineers (Rs 260.04 crore), 2 main board IPOs that have already been oversubscribed several times and attracted significant GMPs are coming to a close today, October 23, 2024 while Godavari Biorefineries, a mainboard issue is opening. Moreover, Premium Plast IPO, an SME issue is coming to a close today. Lakshay Powertech, an SME issue that garnered oversubscription of 573 times and GMP of more than 94% is also supposed to list today.

Till the end of day 2 of bidding – October 22 – Waaree Energies IPO was subscribed 9.19 times overall, while 6.69 times subscription was recorded in the retail category, 1.82 times in qualified institutions and 24.75 times in the non-institutional category.

Waaree Energies IPO subscription, GMP, allotment

Even in a falling market, the Waaree Energies IPO GMP ruled firm at Rs 1,375 that indicated a listing gain of 91.48%, according to investorgain. It stood at 100.47% on October 20, just a day before the opening of the IPO. However, GMP is a dynamic and unofficial estimate that does not guarantee anything, loss or gain.

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Waaree Energies IPO share allotment is supposed to take place on Thursday, October 24 and listing will take place on Monday, October 28, 2024.

Deepak Builders & Engg IPO subscription, GMP, allotment

Till October 22, Deepak Builders & Engineers IPO was subscribed 12.11 times overall with the retail category attracting bids of 16.14 times, QIB 1.08 times and 17.44 times in the NII category.

According to investorgain, Deepak Builders & Engineers IPO GMP ruled firm at Rs 61 steadily since October 21, indicating a listing gain of 30.05%. Deepak Builders & Engineers IPO allotment will take place on October 24, listing on October 28.

Godavari Biorefineries IPO price band, GMP

Godavari Biorefineries IPO will raise Rs 554.75 crore. Godavari Biorefineries shares are priced at Rs 334-352. The minimum lot size has 42 shares. The GMP of Godavari Biorefineries has failed to rise from 0 according to investorgain. The allotment for Godavari Biorefineries IPO will be finalised on October 28.

(This article is only meant to provide information. News9live.com does nor recommend buying or selling shares or subscriptions of any IPO and Mutual Fund.)