Waaree Energies IPO GMP, Price, Date, Allotment

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Waaree IPO GMP

Waaree Energies IPO description – Waaree Energies Ltd. is the flagship company of Waaree Group and it was incorporated on 18 December 1990.  It has India’s largest Solar PV Module manufacturing capacity of 2 GW at its plants in Surat and Umbergaon in Gujarat. Waaree Energies is amongst the top player in India in providing EPC services, project development, rooftop solutions, and solar water pumps and also as an Independent Power Producer. It has presence in over 350 locations nationally and in 68 countries internationally.

It was the first and only Indian PV module manufacturing company to have a laboratory accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL).

The company has developed longstanding relationships with a marquee customer base. Some of its key clients in the domestic utility and enterprise segment includes ReNew Power, ACME, Hero Solar, Mahindra Susten, Essel Infra, AMP Energy, Sukhbir Agro Energy, Solarworld Energy, Rays Power Infra. As of 30 June 2021, its products were sold across India and in 19 international jurisdictions. It has 388 franchisees in 25 states and two Union Territories across India. Its has customers in the United States, Canada, Italy, Turkey and Vietnam. Key international clients include Central 40 and Novel Energy.

Promoters of Waaree Energies Limited – Hitesh Chimanlal Doshi, Virenkumar Chimanlal Doshi and Mahavir Thermoequip Private Limited


Waaree Energies IPO Details

Subscription DatesComing soon
Price BandComing soon
Fresh issueINR 1,350 crore
Offer For Sale4,007,500 shares (INR 0.00 – 0.00 crore)
Total IPO sizeComing soon
Minimum bid (lot size)0 shares (INR0.00)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE, BSE

Waaree Energies’ Financial Performance

 FY2019FY2020FY2021
Revenue1,612.82,021.31,993.4
Expenses1,547.21,964.41,927.5
Net income82.838.648.4
Margin (%)5.21.92.4
Figures in INR crore unless specified otherwise

Waaree Energies IPO News


Waaree Energies Valuations & Margins

FY2019FY2020FY2021
EPS4.182.12 2.50
PE ratio NA
RONW (%)32.1114.0114.28
ROCE (%)33.4721.2915.49
EBITDA (%)10.255.836.29
Debt/Equity0.420.420.83
NAV17.48

Waaree Energies IPO GMP Daily Trend

DateWaaree Energies IPO GMPKostakSubject to Sauda

Waaree Energies IPO Subscription – Live Updates

CategoryShares OfferedDay 1Day 2Day 3
QIB
NII
Retail
Employees
Total
Subscription figures in number of times, at 0:00 AM

Waaree Energies IPO Reviews – Subscribe or Avoid?

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Waaree Energies Offer Registrar

Link Intime India Private Limited
C-101, 247 Park
LBS Marg, Surya Nagar
Gandhi Nagar
Vikhroli (West)
Mumbai – 400 083
Maharashtra, India
Phone: +91 22 4918 6200
Email: [email protected]
Website: http://www.linkintime.co.in


Waaree Energies Contact Details

Waaree Energies Limited
602, 6th Floor,
Western Edge – I,
Western Express Highway,
Borivali (East), Mumbai – 400 066,
Maharashtra, India
Phone: +91 22 6644 4444
Email: [email protected]
Website: www.waaree.com


Waaree Energies IPO Allotment Status

Waaree Energies IPO allotment will be available on Link Intime’s website. Click on this link to get allotment status.


Waaree Energies IPO Timetable

IPO Opening Date Coming soon
IPO Closing Date Coming soon
Finalisation of Basis of Allotment Coming soon
Initiation of refunds Coming soon
Transfer of shares to demat accounts Coming soon
Listing Date Coming soon
Opening Price on NSE Coming soon
Closing Price on NSE Coming soon

Waaree Energies IPO FAQs

How many shares in Waaree Energies IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Waaree Energies Public Offer?

The best way to apply in Waaree Energies IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Waaree Energies IPO GMP today?

Waaree Energies IPO GMP today is NA per share.

What is Waaree Energies IPO kostak rate today?

Waaree Energies IPO kostak rate today is NA per application.

What is Waaree Energies Subject to Sauda rate today?

Waaree Energies Subject to Sauda rate today is NA per application.

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