IPO News Today highlights: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you're an investor looking for new opportunities or simply curious about the financial markets, our coverage provides essential information on IPO timelines, pricing, and performance post-listing. Stay informed about which companies are making their debut on the stock exchange and understand the trends and factors influencing their decisions to go public in today's economic landscape.
This is an AI-generated live blog and has not been edited by Hindustan Times staff.IPO News Today Live: Hyundai Motor India IPO: India's biggest IPO sees dull response from retail investors; experts decode key reasons
- Hyundai Motor India IPO, the largest in India for 2024, faced low retail interest, with only 50% of its portion subscribed. The offering was entirely an offer for sale, raising concerns about its valuation, which may have deterred retail and non-institutional investors from participating.
IPO News Today Live: Premium Plast IPO to hit the D-Street on October 21, price band set at ₹46-49 apiece; check latest GMP
- Premium Plast IPO subscription runs from October 21-23, with a price range of ₹46-49. The firm, a tier-1 supplier for OEMs, plans to use IPO funds for manufacturing expansion and debt repayment. It forecasts a 6% revenue increase and a 200% profit rise for FY 2024.
IPO News Today Live: Deepak Builders & Engineers IPO: What GMP signals as the upcoming IPO opens next week?
- Deepak Builders & Engineers IPO will open on October 21, priced between ₹192 and ₹203 per share. The offering includes 1.07 crore fresh shares and 21 lakh shares for sale, totalling 1,28,10,000 shares. The GMP suggests listing at a premium.
IPO News Today Live: Godavari Biorefineries IPO price band set at ₹334-352 apiece; here are 10 key things to know from RHP
- Godavari Biorefineries IPO price band is fixed at ₹334 to ₹352, opening on October 23 and closing on October 25. The company aims to raise ₹554.75 crore through a mix of fresh issue and offer-for-sale components.
IPO News Today Live: Waaree Energies IPO: Check latest GMP, issue details ahead of opening on October 21
- The Waaree Energies IPO will take place from October 21 to October 23, priced between ₹1,427 and ₹1,503. With significant growth in revenue and profits, its grey market premium suggests a potential listing price of ₹2,833, indicating strong investor interest.