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Upcoming IPO Next Week: A total of 8 new IPO issues are going to open in the next business week. These include Premium Plast, Deepak Builders and Engineers, Wari Energies, OBSC Perfection, United Heat Transfer, Danish Power, Godavari Biorefineries, Usha Financial Services,, and Afcons Infrastructure. Of these, the IPOs of Deepak Builders and Engineers, Wari Energies, Godavari Biorefineries, and Afcons Infrastructure are from the mainboard. All the rest are from the SME category.
Check details of all IPOs
| Name of the IPO | when will it open | when will it close | Price Band (in Rs.) | Lot size of shares |
| Premium Plast | 21 October | 23 October | 46-49 | 3000 |
| Deepak Builders And Engineers | 21 October | 23 October | 192-203 | 73 |
| Waree Energies | 21 October | 23 October | 1427-1503 | 9 |
| OBSC Perfection | 22 October | 24 October | 95-100 | 1200 |
| United Heat Transfer | 22 October | 24 October | 56-59 | 2000 |
| Danish Power | 22 October | 24 October | 360-380 | 300 |
| Godavari Biorefineries | 23 October | 25 October | 334-352 | 42 |
| Godavari Biorefineries | 24 October | 28 October | 160-168 | 800 |
| Afcons Infrastructure | 25 October | 29 October | Not yet announced | Not yet announced |
What is an IPO
Under the Initial Public Offering (IPO) process, private companies sell their shares to general investors to raise equity capital (money) from public investors.
An IPO transforms a privately owned company into a public company. This process also gives smart investors an opportunity to get a good return on their investment. To bring an IPO, a company has to first apply to SEBI.
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