Waaree Energies Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 21-10-2024 | 23-10-2024 | 10 per share | 0 | 9 Shares | BSE, NSE | 28,752,095 shares (aggregating up to ₹4,321.44 Cr) | 2024-10-24 00:00:00 | 2024-10-25 00:00:00 | 2024-10-25 00:00:00 | 28-10-2024 |
About The Company
Waaree Energies IPO is a book built issue of Rs 4,321.44 crores. The issue is a combination of fresh issue of 2.4 crore shares aggregating to Rs 3,600.00 crores and offer for sale of 0.48 crore shares aggregating to Rs 721.44 crores.
Waaree Energies IPO opens for subscription on October 21, 2024 and closes on October 23, 2024. The allotment for the Waaree Energies IPO is expected to be finalized on Thursday, October 24, 2024. Waaree Energies IPO will list on BSE, NSE with tentative listing date fixed as Monday, October 28, 2024.
Waaree Energies IPO price band is set at ₹1427 to ₹1503 per share. The minimum lot size for an application is 9 Shares. The minimum amount of investment required by retail investors is ₹13,527. The minimum lot size investment for sNII is 15 lots (135 shares), amounting to ₹202,905, and for bNII, it is 74 lots (666 shares), amounting to ₹1,000,998.
Axis Capital Limited, Iifl Securities Ltd, Jefferies India Private Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, SBI Capital Markets Limited, Intensive Fiscal Services Private Limited and Iti Capital Ltd are the book running lead managers of the Waaree Energies IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Waaree Energies IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 2237 | 2946 | 80 | 427.13 | 230.43 | 313.08 |
| 31-03-2023 | 7420 | 6860 | 500 | 1826.02 | 585.96 | 585.96 |
| 31-03-2024 | 11314 | 11633 | 1274 | 4074.84 | 3825 | 317.32 |
| 30-06-2024 | 11989 | 3496 | 401 | 4471.71 | 2464.69 | 261.24 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 215.03 |
| Non-Institutional Buyers | 65.25 |
| Retail Investors | 11.27 |
| Employees | 5.45 |
| Total | 79.44. |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 9 | 13527 |
| Retail (Max) | 14 | 126 | 189378 |
| S-HNI (Min) | 15 | 135 | 202905 |
| S-HNI (Max) | 73 | 657 | 987471 |
| B-HNI (Min) | 74 | 666 | 1000998 |
IPO Listing Details
| Listing Date | 28-10-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Hitesh Chimanlal Doshi, Viren Chimanlal Doshi, Pankaj Chimanlal Doshi and Waaree Sustainable Finance Private Limited.
Contact Information of the Company
Waaree Energies Limited
602, 6th Floor, Western Edge I,
Western Express Highway,
Borivali (East), Mumbai -400066
Phone: +91 22 66444444
Email: investorrelations@waaree.com
Website: https://waaree.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: waaree.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Manager
Axis Capital Limited (Past IPO Performance) Iifl Securities Ltd (Past IPO Performance) Jefferies India Private Limited (Past IPO Performance) Nomura Financial Advisory And Securities (India) Pvt Ltd (Past IPO Performance) SBI Capital Markets Limited (Past