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Waree Energies IPO Subscription Status:  The initial public offering (IPO) of Waaree Energies Limited opened for subscription on Monday, the bidding has begun at 10:00 AM and within hours the initial share sale got 100% subscription. At around 1:51 pm, Waree Energies IPO were subscribed 2.03 times, according to NSE.  Investors can place bids till October 23 i.e. Wednesday. The energy sector company Waree Energies has a fixed price band of Rs 1427 to Rs 1503 per equity share for its Rs 4,321.44 crore IPO.

Waree Energies IPO is a mix of fresh shares and offers for sale from existing investors. Out of the issue size, the Company has issued fresh shares worth Rs 3,600 crore and The res would be offered for sale worth Rs 721.44 crore.

Waree Energies IPO Subscription Status (Till-1:51 pm)

Overall Subscription: 2.03 times

Retail Investor Sector: 2.19 times

Qualified Institutional Investors: 0.03 times

Non-Institutional Investors: 4.37 times

Employees section: 1.05 times

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Waree Energies IPO GMP Today Price

Meanwhile, As the IPO hit the primary market, the grey market premium of Waree Energies ipo surged over 100 per cent. According to investorgain.com, the shares of Waree Energies are trading at Rs Rs 3013, up 100.47% or Rs 1,510 against its issue price band (rs 1,503). the grey market premium is suggesting a bumper listing of Waree Energies IPO.

Waree Energies IPO Detail

What are the Waree Energies IPO bidding dates? - The public offering will be open from Monday through Wednesday.

What is Waree Energies' IPO price range?-  The company has set the price range for the public offering at Rs 1,427 to Rs 1,503 per equity share.

What is the size of the Waree Energies IPO offering?- The company aims to raise Rs 4,321.44 crore from this book-building offering, which will include new shares and OFS.

What is the IPO lot size?- An applicant can apply to lots, with a lot of book-building offerings consisting of nine company shares.

What is the Waree Energies IPO share allotment date?- The most likely date for the share allocation is Thursday, October 24, 2024.

What is the Waree Energies IPO Listing Date?- The book-building offering is planned to be listed on BSE and NSE. The public offering is expected to hit Dalal Street on October 28, 2024.

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