Waaree Energies IPO opens for bidding
Waaree Energies IPO Fully Subscribed on Day 1; GMP Soars 98% – Check Latest Details
The much-anticipated initial public offering (IPO) of Waaree Energies Limited has opened for subscription today and it has fully subscribed within just a few hours. However, the public issue will remain open for bidding from October 21 to October 23,
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Waaree Energies IPO 2024 Live Updates GMP: Check latest GMP, Price Band, Allotment Date, Listing & More
Waaree Energies IPO Live Updates, GMP, date, price band, listing subscription status review IPO news: The IPO is priced in the range of Rs 1,427 - 1,503 per share, allowing investors to bid in lots of nine shares.
Waaree Energies IPO fully subscribed within three hours on opening day; check GMP here
There is also much buzz around the Waaree Energies' grey market premium (GMP) that stood at ₹1,480, indicating a premium of 98.47% on October 21.
Waaree Energies IPO subscribed 2.45 times
The IPO consists of an offer-for-sale (OFS) of 48 lakh equity shares valued at Rs 721.44 crore, at the higher end of the price band
Waaree Energies IPO: Issue subscribed 50% within first hour of Day 1; NII portion fully booked
Waaree Energies' Rs 4,321-crore initial public offer (IPO) was off to a robust start on October 21, the first day of bidding, after the issue was subscribed 50 percent within just an hour of opening.
Waaree Energies IPO Day 1: Solar Energy Solution Provider's Public Booked Fully In Few Hours
For the quarter ending June 30, 2024 (Q1FY25), Waaree Energies generated Rs 3,496.41 crore in revenue and Rs 401.13 crore in profit-after-tax (PAT). at the conclusion of the June quarter of the current fiscal year. Waaree Energies' revenue grew by over 69 per cent from Rs 6,860.36 crore in FY23 to Rs 11,632.76 crore in FY24.
Waaree Energies IPO Subscription Details on Day 1
As of 11:02 AM on the first day of bidding, the IPO has been subscribed 0.62 times overall. The retail portion of the issue has been subscribed 0.67 times, while the non-institutional investor (NII) portion has been subscribed 1.32 times.
Waaree Energies IPO opens for bidding: Should you subscribe or skip?
The Waaree Energies IPO consists of a fresh issue of 2.4 crore shares, amounting to Rs 3,600 crore, along with an offer for sale of 0.48 crore shares, totalling Rs 721.44 crore.
Waaree Energies IPO sails through on Day 1. GMP increases to 98%. Check details
Waaree Energies' IPO, featuring a fresh equity sale of Rs 3,600 crore and an OFS of 48 lakh shares, was fully subscribed within hours of opening, driven largely by non-institutional investors.
Waaree Energies IPO day 1: GMP, price, subscription status, review, other details. Apply or not?
According to market observers, shares of the company are available at a premium of ₹1,473 in the grey market today
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