Waaree Energies IPO Day 2: Subscribed over 6.8 times so far; check out key details

Waaree Energies IPO: The initial public offering (IPO) of Waaree Energies, India's largest solar panel maker, opened for subscription on Monday, October 21, 2024. The IPO of the company sale will conclude on October 23, 2024.

Waaree Energies IPO subscription status

According to the BSE website, the IPO subscribed 6.80 times so far (at 02:36 PM) on the second day of the bidding process and received bids for 14,32,67,805 shares against 2,10,79,384 shares on offer. 

Waaree Energies IPO Subscription Status | Here are the full details of the subscription:

Waaree Energies allotment date

The basis of the allotment of shares under the IPO of Waare Energies is set to be finalised on October 24, 2024.

Waaree Energies IPO listing date

The Waaree Energies IPO is likely to be listed in the secondary market on Monday, October 28, 2024.

Waaree Energies IPO lot size,  Waaree Energies IPO price band

Waare Energies price band is set at Rs 1,427 to Rs 1,503 per share. The minimum lot size for an application is 9 shares. The minimum amount of investment required by retail investors is Rs 12,843.

Waaree Energies IPO: Book-running lead managers

Axis Capital Ltd, IIFL Securities Ltd, Jefferies India Pvt Ltd, Nomura Financial Advisory and Securities (India) Pvt Ltd, SBI Capital Markets Ltd, Intensive Fiscal Services Pvt Ltd, ITI Capital are the book-running lead managers of the Waaree Energies IPO.

Waaree Energies: Registrar

Link Intime India Private Ltd is the registrar for the issue.