Waaree Energies Limited

Waaree Energies Limited

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₹13,527(9 Shares)

Minimum Investment

IPO Dates

Oct 21, 2024 – Oct 23, 2024

Price Band

₹1427–1503 per equity share

Lot Size

9

Listing

Oct 28, 2024

Listing At

BSE, NSE

Oct 21, 2024Open DateCompleted
Oct 23, 2024Close DateCompleted
TBAAllotment DateUpcoming
Oct 28, 2024Listing DateCompleted

Waaree Energies Limited Live Subscription Details

All IPOs
Retail10.79x
QIB208.63x
NIIs
62.48x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

50.85x

bHNI (> ₹10L)

Bids above ₹10L

68.30x

Overall Subscription

Total Bids Received

76.34x

Waaree Energies Limited IPO Issue Details

Issue Price
₹1427-1503 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
2,39,52,095 shares(aggregating up to ₹3600 crore)
Listing At
BSE, NSE
Listing Date
Oct 28, 2024
Registrar
Link Intime India Private Ltd

Reservation Details

NII14.77%

Shares Offered

42,47,945

QIB19.7%

Shares Offered

56,63,925

Anchor29.55%

Shares Offered

84,95,887

Company Information

Waaree Energies is one of the top players in the sustainable energy sector. The company still keeps delivering cost-effective, environment-friendly energy solutions that can make a difference in the r...

Valuations

EPS (Pre-IPO)

48.69

EPS (Post-IPO)

56.16

P/E (Pre-IPO)

30.87

P/E (Post-IPO)

26.76

RoNW

8.81%

PAT Margin

11.47%

P/B Value

8.84

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets11313.737419.922237.4
Total Revenue11632.766860.362945.85
Profit After Tax1274.38500.2879.65
Net Worth4074.841826.02427.13

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Part finance the cost of establishing the 6GW of Ingot Wafer, Solar Cell and Solar PV Module manufacturing facility in Odisha, India(Project).
  2. 2General corporate purposes.

Waaree Energies Limited – Promoter(s)

Hitesh Chimanlal Doshi
Viren Chimanlal Doshi
Pankaj Chimanlal Doshi
Waaree Sustainable Finance Private Limited

Contact Details

Corporate Office

602, 6th Floor, Western Edge I, Western Express Highway, Borivali (East), Mumbai -400066

+91 22 66444444

investorrelations@waaree.com

Visit Website

Waaree Energies Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

waaree.ipo@linkintime.co.in

Visit Registrar Website

Waaree Energies Limited IPO Documents

Frequently Asked Questions — Waaree Energies Limited IPO

The Waaree Energies Limited IPO price band is set at ₹1427.00 to ₹1503.00 per equity share.

The lot size for Waaree Energies Limited IPO is 9 shares per lot. The minimum investment amount is approximately ₹13,527.

The Waaree Energies Limited IPO opens on Oct 21, 2024 and closes on Oct 23, 2024.

Waaree Energies Limited IPO is expected to be listed on Oct 28, 2024 on BSE, NSE.

The current GMP for Waaree Energies Limited IPO is ₹1250, suggesting an expected listing price of around ₹2677.00. Note: GMP is an unofficial market indicator.

The registrar for Waaree Energies Limited IPO is Link Intime India Private Ltd. You can contact them at waaree.ipo@linkintime.co.in.

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