Waaree Energies Limited IPO
Waaree Energies Limited was a mainboard IPO in the Other Electrical Equipment sector, offered at ₹1,427–₹1,503 per share to raise ₹4,321 crore. The issue was subscribed 76.34× overall (QIBs 208.63×, NIIs 62.49×, retail 10.79×). It listed on 28 Oct 2024 at ₹2,500 and closed its first day at ₹2,339, a listing gain of +55.6% versus the ₹1,503 issue price. It now trades around ₹2,304 (+53.3% versus the issue price).
Frequently asked questions
- How many times was the Waaree Energies Limited IPO subscribed?
- The Waaree Energies Limited IPO was subscribed 76.34× overall — 208.63× in the QIB category, 62.49× among non-institutional investors, 10.79× in retail.
- What were the Waaree Energies Limited IPO listing gains?
- Waaree Energies Limited listed on 28 Oct 2024 at ₹2,500, closing its first day at ₹2,339 — a listing gain of +55.6% versus the ₹1,503 issue price.
- What were the retail allotment odds for the Waaree Energies Limited IPO?
- Retail was subscribed 10.79×, so a single-lot application had roughly a 9.3% chance of allotment (about 1 in 11), and allotment was finalised on 24 Oct 2024.
- What was the price band and lot size of the Waaree Energies Limited IPO?
- The price band was ₹1,427–₹1,503 per share, with a minimum lot of 9 shares (₹13,527 at the upper band).
- Who were the registrar and lead manager for the Waaree Energies Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.