Mon Oct 21 06:58:42 UTC 2024: Here’s a summary of the news article highlighting the important points:

– The primary market is set to launch four new IPOs next week: Waaree Energies, Deepak Builders, Afcons Infrastructure, and Godavari.
– Waaree Energies IPO will open for subscription on October 21, with a price range of ₹1427 to ₹1503 per share. The company aims to raise ₹4,321.44 crore, including ₹3,600 crore from fresh shares and ₹721.44 crore from offers for sale (OFS).
– Afcons Infrastructure IPO will begin on October 25; its price band has not yet been announced. This IPO aims to raise a total of ₹5,430 crore, with a fresh issue of ₹1,250 crore and an OFS of ₹4,180 crore.
– Shares of Waaree Energies are currently trading at a significant premium in the grey market, fetching around ₹1,510, indicating a projected listing price of ₹3,013, which is approximately 100.47% higher than the IPO price.
– The grey market premium (GMP) varies, with the lowest at ₹0 and the highest at ₹1545 for Waaree Energies.
– Afcons Infrastructure’s shares are trading at a premium of ₹225 in the grey market, with a range from ₹0 to ₹225 for its GMP.
– The grey market premium reflects the investors’ willingness to pay above the issue price.

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