New Delhi. The Indian stock market has seen a decline in the recent weeks, but there is no effect of this on the primary market. In the next business week (21 to 25 October), 9 IPOs worth Rs 10,985 crore are going to open for retail investors. During this time, 3 public issues including Hyundai Motor will be listed.

Solar photovoltaic module maker Waaree Energies IPO will be the first IPO to open for subscription on October 21 next week, with a price band of Rs 1,427-1,503 per share. This public issue of Rs 4,321 crore will close on October 23, which includes a fresh issue of Rs 3,600 crore and an OFS of 48 lakh shares worth Rs 721.44 crore. Promoters Waaree Sustainable Finance and Chandurkar Investment will sell shares in the OFS. Before the IPO, on October 18, the company has raised an amount of Rs 1,277 crore from anchor investors.

Deepak Builders and Engineers India's Rs 260 crore IPO
Subscriptions for Deepak Builders and Engineers India's IPO will open for retail investors between October 21 and October 23. The size of this IPO will be Rs 260 crore. It has a fresh issue of Rs 217 crore and OFS of Rs 42.83 crore. Before the IPO, the company has raised an amount of Rs 78 crore from 5 anchor investors.

Godavari Biorefineries wants to raise Rs 555 crore.
The IPO of Godavari Biorefineries will open from 23 to 25 October. The company plans to raise Rs 555 crore through this IPO. New shares worth Rs 325 crore will be issued in the IPO and 65.26 lakh shares worth Rs 229.75 crore will be offered for sale by the promoters and investor Mandala Capital AG. Its price band has been fixed from Rs 334 to Rs 352 per share.

Afcons Infrastructure's Rs 5,430 crore IPO
The IPO of Afcons Infrastructure, owned by Shapoorji Pallonji Group, will also open for subscription on October 25. The price band for the Rs 5,430 crore IPO will be announced on October 21. The infrastructure and engineering construction company has set a target of raising Rs 1,250 crore through a fresh issue and Rs 4,180 crore through an offer-for-sale.

These IPOs will open in the SME segment.
Apart from the mainboard, in the SME segment, Premium Plast, Danish Power, United Heat Transfer, OBSC Perfection, and Usha Financial Services will open for subscription to retail investors next week.

Listing of 3 companies including Hyundai Motor India
The country's largest IPO of Rs 27,870 crore to date, Hyundai Motor India will be listed on October 22. Apart from this, shares of Lakshya Powertech and Freshera Agro Exports in the SME segment will also be listed on October 23 and 24 respectively.