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WAAREE ENERGIES LTD. IPO: All You Need To Know

WAAREE ENERGIES LTD. IPO was launched on 21-Oct-24. Here is all you need to know about this IPO.

WAAREE ENERGIES LTD. IPO Details
Issue Opening Date 21-Oct-24
Issue Closing Date 23-Oct-24
Issue Type OFFERS FOR SALE CUM FRESH CAPITAL
Issue Size (INR bn) 43.2
Fresh Issue (No.of shares) 23,952,095
Offer for Sale (No.of shares) 4,800,000
Face Value (INR) 10.00
IPO Price Band (INR) 1427 to 1503
Market Lot (No.of shares) 9
Min Order Quantity 9
Listing At NSE / BSE
Pricing Method BOOKBUILDING
Year of Incorporation 1990
Industry POWER GENERATION & SUPPLY
Total Issue Size (No.of shares) 28,752,095
Objects Of Issue PART FINANCE THE COST OF ESTABLISHING THE 6GW OF INGOT WAFER, SOLAR CELL AND SOLAR PV MODULE MANUFACTURING FACILITY IN ODISHA, INDIA BY WAY OF AN INVESTMENT IN WHOLLY OWNED SUBSIDIARY, SANGAM SOLAR ONE PRIVATE LIMITED ("PROJECT") #GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES TO BE BORNE BY THE COMPANY IN RELATION TO THE FRESH ISSUE
Registrar Details LINK INTIME INDIA PVT.LTD.
WAAREE ENERGIES LTD. IPO Timetable
Bid/Offer Launch Date 21-Oct-24
Bid/Offer Close Date 23-Oct-24
Basis of Allotment Finalization Date -
Initiation of Refunds -
Credit of Shares to Demat Account -
Listing Date 28-Oct-24
WAAREE ENERGIES LTD. IPO Shares Offered
Category Shares Offered
QIB 14,159,812
HNI 4,247,945
Retail 9,911,870
Employee 432,468
Others -
Total 28,752,095
WAAREE ENERGIES LTD. IPO Promoter Holding
Pre Issue Share Holding 72%
Post Issue Share Holding 64%
WAAREE ENERGIES LTD. Overall Subscription details (Times subscribed)
Category Subscription Status
QIB 86.51
HNI 64.65
Retail 11.06
Employee 1.01
Others -
Total 55.98
WAAREE ENERGIES LTD. Date wise Subscription
Date QIB HNI Retail Employee Mutual Funds Others Total
Day 1 (21-Oct-24) 0.09 8.45 3.31 1.65 - - 2.73
Day 2 (22-Oct-24) 1.88 25.44 6.66 3.27 - - 6.75
Day 3 (23-Oct-24) 214.42 65.25 11.27 5.45 226.63 - 56.26
WAAREE ENERGIES LTD. Financials
Year Ending - 31-Mar-23 31-Mar-24
Total Income (Rs m) - 66,415.80 109,576.80
Total Expenditure (Rs m) - 60,239.90 93,997.40
Net Profit After Tax (Rs m) - 4,601.90 -
Company Address 602,WESTERN EDGE-I,6TH FLOOR, WESTERN EXPRESS HIGHWAY, BORIVALI (E), MUMBAI 400066, MAHARASHTRA
WAAREE ENERGIES LTD. IPO Prospectus
RHP

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Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


Have A Question On WAAREE ENERGIES LTD. IPO?

When WAAREE ENERGIES LTD. IPO will open?

Below is the schedule for the same:

WAAREE ENERGIES LTD. IPO

IPO opens on: 21-Oct-24

IPO closes on: 23-Oct-24

What is the lot size of WAAREE ENERGIES LTD. IPO?

The lot size of WAAREE ENERGIES LTD. IPO is 9 shares. Investors will need to apply for a minimum order of 9 shares and in multiples thereof.

How to apply for WAAREE ENERGIES LTD. IPO?

An investor can apply in WAAREE ENERGIES LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.

While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.

When is WAAREE ENERGIES LTD. IPO allotment?

The tentative finalization of basis of allotment for WAAREE ENERGIES LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.

When is WAAREE ENERGIES LTD. IPO listing date?

The tentative listing date of WAAREE ENERGIES LTD. IPO is scheduled for 28-Oct-24.

Where are the WAAREE ENERGIES LTD. shares supposed to be listed?

Shares of WAAREE ENERGIES LTD. are expected to list on NSE / BSE.

What is Face value of WAAREE ENERGIES LTD. IPO?

At present, one share of WAAREE ENERGIES LTD. has a face value of Rs 10.00.

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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.