Listed Price₹2274.00
Listing Gain+51.30%
Price Band₹1427 - ₹1503
Lot Size9 shares
Min Bid₹13,527
Subscription79.44x
Listed Market Snapshot
₹2274.00Listed price from market data
+51.30%listing gain
Issue Amount
₹4,321.44 Cr
Listed Price
₹2274.00
Current Price
₹3125.4
Registrar
Link Intime India Private Limited
Timeline•Bookbuilding IPO
Open21 Oct 2024
Close23 Oct 2024
Allotment25 Oct 2024
Listing28 Oct 2024
Quota Reservation Portions
QIBPortion: 56,63,925 shares
27.96%HNIPortion: 42,47,945 shares
20.97%RetailPortion: 99,11,870 shares
48.93%EmployeePortion: 4,32,468 shares
2.13%Minimum Application Bracket Matrix
Retail1 lots / 9 shares
₹13,527sHNI15 lots / 135 shares
₹2,02,905bHNI74 lots / 666 shares
₹10,00,998About the Company
Founded in December 1990, Waaree Energies Limited is one of India’s leading solar panel manufacturers with a production capacity of 12 GW. The company produces a wide range of solar modules, including multicrystalline, monocrystalline, and advanced TopCon modules, along with flexible bifacial panels, framed and unframed modules, and building-integrated photovoltaic solutions. Waaree has four manufacturing plants in Gujarat, located in Surat, Tumb, Nandigram, and Chikhli, covering 136.30 acres in total. The Tumb and Chikhli units are ISO-certified for safety and quality. Over the years, the company has served numerous customers across India and abroad and employed 1,019 full-time staff as of June 30, 2023.
Company Promoters
Hitesh Chimanlal DoshiViren Chimanlal DoshiPankaj Chimanlal DoshiWaaree Sustainable Finance Private Limited
Lead Managers
Registrar
Link Intime India Private Limited