Waaree Energies, a leading manufacturer of solar PV modules in India, recently launched its Initial Public Offering (IPO). The IPO was open for bidding from October 21 to October 23, 2024, and saw an overwhelming response from investors. Here’s a detailed guide on how to check the allotment status, the allotment date, and the listing date:
Waaree Energies IPO Allotment Status
The allotment status for Waaree Energies IPO is expected to be finalized on October 24, 2024. Investors can check their allotment status on the websites of the Bombay Stock Exchange (BSE) and the registrar, Link Intime India. Here are the steps to check the allotment status:
Waaree Energies Allotment using BSE website
- Click on the “Investors” option.
- Select “Status of Issue Application” under “Investor Services”.
- Click on “Application Status Check“.
- Choose “Equity” in the issue type.
- Enter the issue name “Waaree Energies Limited”.
- Provide your PAN number and click on “Search” to view the status.
Waaree Energies IPO Allotment Link Intime India Website:
- Visit the Link Intime India website.
- Click on “Investor Services” on the main menu and select “Public Issues”.
- Choose “Waaree Energies” from the dropdown menu for company names.
- Enter your application number, DP/Client ID, PAN, or Account No/IFSC.
- Click “Submit” to view your allotment status.
Waaree Energies IPO Allotment Date
The allotment date for Waaree Energies IPO is October 24, 2024. Investors will receive messages, alerts, or emails regarding the debit of their funds or revocation of their IPO mandate by October 25, 2024.
Waaree Energies Listing Date
Waaree Energies shares are scheduled to be listed on the NSE and BSE on October 28, 2024.
Waaree Energies IPO Key Details
- Price Band: Rs 1,427 – Rs 1,503 per share.
- Lot Size: 9 shares.
- IPO Size: Rs 4,321.44 crore, including a fresh share sale of Rs 3,600 crore and an offer-for-sale (OFS) of up to 48 lakh equity shares.
- Subscription: The IPO was subscribed 76.34 times overall, with Qualified Institutional Buyers (QIBs) booking their quota 208.63 times.
Investors are eagerly awaiting the allotment results and are optimistic about the potential listing gains, given the strong market response.
When Waaree Energies IPO allotment status?
The allotment for the Waaree Energies IPO will be finalised on October 24. The company’s shares will be listed on the BSE and the National Stock Exchange on October 28.
