The IPO was open for bidding on NSE earlier this week and will list under the exchanges SME index. The latest GMP of Danish Power suggests a strong listing ahead.

United Heat Transfer IPO allotment date is likely today, October 25, and the company is expected to fix the basis of share allotment today. The SME IPO was open from October 22 to 24, and the IPO listing date is likely October 29.

The grey market premium, or GMP, for the United Heat Transfer SME IPO, stood at Rs 20 per share as of 9:25 a.m. on October 25.

The initial public offering (IPO) of Waaree Energies Ltd, a prominent manufacturer of solar photovoltaic (PV) modules, has captured the attention of investors across India. This IPO has not only seen an overwhelming response but has also broken records by receiving the highest-ever number of applications for an IPO in the country.

LATEST GMP AND EXPECTED LISTING GAINS. The latest GMP for Waaree Energies suggests an approximate premium of Rs 1,450 per share, reflecting robust demand despite a slight dip from

Waaree Energies plans to use IPO funds to establish a 6 GW manufacturing facility in Odisha and support general corporate purposes. As India's largest solar PV module manufacturer with 12 GW capacity,

Unlisted shares of Waaree Energies Ltd are trading Rs 1,566 higher in the grey market, signalling a 104.6 per cent listing gain from the public issue.