Mumbai: Waaree Energies IPO allotment is all set to be finalised on October 25, 2024, i.e, Friday. The initial public offer received a huge response from the investors as the IPO of the solar panel maker recorded 76.34 times subscription on the last day of share sale on October 23. Waaree Energies confirmed mobilising Rs 1,277 crore from anchor investors. Price band is fixed in the range of Rs 1,427 to Rs 1,503 per share.
Waaree Energies IPO, a Rs 4,321.44 crore initial share sale, registered bids for 1,60,91,61,741 shares against 2,10,79,384 shares on offer, the NSE data read. IN the Qualified Institutional Buyers (QIBs) category, the public offer received a massive 208.63 times subscription; in the non-institutional portion, 62.48 times subscription was recorded while Retail Individual Investors (RIIs) category got subscribed 10.79 times.
Waaree Energies IPO GMP
The grey market price of Waaree Energies shares is going very strong. The Waaree Energies IPO GMP was recorded at Rs 1590 on October 25 morning, investorgain reported. With the price band of Rs 1503.00, the shares of the solar panel maker are expected to be listed at Rs Rs 3093, indicating a gain of over 105 percent. The shares of Waaree Energies are expected to get listed on October 28.
How to check Waaree Energies IPO allotment status
Investors can check Waaree Energies IPO allotment status online on BSE and NSE websites and the official portal of Link Intime India Private Ltd.
Check Waaree Energies IPO Allotment Status on BSE
Go to BSE website link
The individual has to select ‘Equity’ in the Issue Type option
Next step will be to choose ‘Waaree Energies Limited’ in dropdown menu
Enter applicant’s Application Number or PAN
Verify by clicking on ‘I am not robot’ option
Click on ‘Search’
Waaree Energies IPO allotment status will be displayed on the screen
Waaree Energies IPO Allotment Status on IPO registrar website
Visit https://linkintime.co.in/initial_offer/public-issues.html
On the Company dropdown menu select ‘Waaree Energies Limited’
Enter any of the following: PAN, Application Number, DP ID or Account Number
After entering any of the details, Click on Search
Waaree Energies IPO allotment status will be displayed on the screen
Waaree Energies IPO allotment was expected to be finalsied on October 24, 2024. However, the allotment is getting finalised on 25th October. The Waaree Energies IPO GMP is over 100 percent. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
