27-10-2025 04:12 Home | Feedback | Sitemap| Careers | Contact Us |FAQ | Investor Complaints Data | Investor Charter Stock-Broker | Investor DP
  You Are On: IPO
IPO
Current Issues
Forthcoming Issues
Closed Issues
New Listings
Best Performers
IPO Performance
IPO News
IPO Analysis
Basis Of Allotment
Draft Prospectus
Best Performers
Waaree Energies Ltd.
Issue Open Date 21-Oct-24  
Issue Closing Date 23-Oct-24  
Application Money 100  
Allotment Money  
Price Band 1427 - 1503  
Minimium Application No. 9  
Issue Size (Shares) 21079384  
Market Lot 1  
Objective
1. Part finance the cost of establishing the 6GW of Ingot Wafer, Solar Cell and Solar PV Module manufacturing facility in Odisha, India (“Project”).2. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   4435838   277175268   62.4854352210338  
Qualified Institutional Buyers   5837757   1217937402   208.631055043915  
Retail Individual Investors   5837757   1217937402   208.631055043915  
Business Description
We are the largest manufacturer of solar PV modules in India with the largest aggregate installed capacity of 12GW, as of June 30, 2023. (Source: CRISIL Report) For Fiscal 2023, we had the second best operating incomeamong all the domestic solar PV module manu
Promoter's Holding
Total Share Capital   189291083  
Offered to Public   21079384  
Promoter's Holding (Pre-Issue)   72.32  
Promoter's Holding (Post-Issue)   64.3  
More
Address
602
6th Floor
Western Edge - I
Western Express Highway
Borivali (East)
Mumbai ,
Maharashtra ,
400066
Phone : 022-66444444
Email : waaree@waaree.com
Website : www.waaree.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
IIFL Securities Ltd.
Intensive Fiscal Services Pvt Ltd
ITI Capital Ltd.
Jefferies India Pvt Ltd.
Nomura Financial Advisory & Securities (India) Pvt Ltd.
SBI Capital Markets Ltd
Promoters
Hitesh Chimanlal Doshi
Pankaj Chimanlal Doshi
Viren Chimanlal Doshi
Waaree Sustainable Finance Pvt Ltd
 

Attention Investors : Prevent Unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers / DP and Exchanges / Depository. Receive information of your transactions directly from Exchanges / Depository on your mobile/email at the end of the day .......... Issued in the interest of investors

KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

“No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application from to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.’

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.