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Waaree Energies IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 4321.44 Cr. The company is based in Mumbai and caters to Solar sector. Intensive Fiscal Services , Almondz Financial Services , Axis Bank , Iifl Securities , Iti Capital , Jefferies India , Nomura Financial Advisory And Securities (India) , SBI Capital Markets are the merchant bankers of Waaree Energies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd October 2024.
Waaree Energies IPO open date is 21st October 2024 and close date is 23rd October 2024. IPO Allotment Date is 24th October 2024 and Listing date is 28th October 2024.
IPO
Size:
₹ 4321.44 Cr.
Avg IPO Size (Sector Based)
: ₹
2,710.80 cr.
Sector: Solar
IPO so far:
5
Merchant Banker:
Intensive Fiscal
IPO by BRLM so far:
12
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
13985.64
cr. 
PE
Ratio:
26.76x
Average Sector PE Ratio: 17.99x
Waaree Energies IPO size is ₹ 4321.44 Cr. with IPO price of ₹ 1503.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Intensive Fiscal Services Private Limited is the book-running lead manager of the Waaree Energies IPO. Link Intime India Private Limited is the Registrar for Waaree Energies IPO.
Waaree Energies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Waaree Energies IPO, based in Mumbai, operates in the Solar sector with a focus on solar PV modules with an aggregate installed capacity of 12 GW. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Waaree Energies IPO size is ₹ 4321.44 Cr. with fresh issue size of ₹ 3600.00 Cr. and Offer for sale being ₹ 721.44Cr.
The IPO allotment date for Waaree Energies IPO is expected to be 24th October 2024, after the finalization of basis of allotment. Investors can check Waaree Energies IPO allotment status on the registrars website, Link Intime India Private Limited . Waaree Energies IPO refund dates are 25th October 2024.
Waaree Energies IPO is expected to be listed on 28th October 2024.
The upper price band for the Waaree Energies IPO is set at ₹ 1503.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Waaree Energies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Waaree Energies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 23rd October 2024. After submission, funds are blocked until the basis of allotment of Waaree Energies IPO is finalised.
The merchant banker for Waaree Energies IPO is Intensive Fiscal Services Private Limited , Almondz Financial Services Limited , Axis Bank Limited , Iifl Securities Limited , Iti Capital Limited , Jefferies India Private Limited , Nomura Financial Advisory And Securities (India) Private Limited , SBI Capital Markets Limited . Intensive Fiscal Services Private Limited , Almondz Financial Services Limited , Axis Bank Limited , Iifl Securities Limited , Iti Capital Limited , Jefferies India Private Limited , Nomura Financial Advisory And Securities (India) Private Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Waaree Energies IPO RHP for further details.
The registrar for Waaree Energies IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Waaree Energies IPO through their official website or helpline.
Waaree Energies IPO was subscribed 79.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 4321.44 Cr.
Avg IPO Size (Sector Based)
:
₹ 2,710.80 Cr.
Sector: Solar
IPO so far:
5
Merchant Banker:
Intensive Fiscal
IPO by BRLM so far:
12
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 13,635.60 cr.
PE
Ratio:
26.76x
Average Sector PE Ratio: 17.99x
Waaree Energies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Waaree Energies Financial Review Page
Merchant Banker(s) of Waaree Energies IPO: Intensive Fiscal Services Private Limited , Almondz Financial Services Limited , Axis Bank Limited , Iifl Securities Limited , Iti Capital Limited , Jefferies India Private Limited , Nomura Financial Advisory And Securities (India) Private Limited , SBI Capital Markets Limited
Waaree Energies IPO subscription was 79.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Waaree Energies IPO listed at a listing price of 2336.80 against the offer price of 1503.00.
The current market price of Waaree Energies is 2828.30.
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