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Waree Energies GMP:  The Grey Market Premium of Waree Energies IPO is suggesting a big gain on listing day. The Initial share sale of the solar energy sector company was fully subscribed within hours on the very first day of bidding i.e. October 21. As of 5:27 pm, the Waree Energies IPO was Subscribed over 76 times it got bid for 1,60,91,61,741 shares against 2,10,79,384 issued shares, according to NSE.

Waree Energies IPO Subscription Status

The Initial share sale of Waree Energies is attracting a lot of interest from the investors. As of 5:27 am, the IPO was subscribed 76.34 times. The quota reserved for Non-Institutional Investors (NII) leads the initial days bidding, attracting 62.48 times subscriptions followed by retail investors who have placed 10.79 times bids against its reserved quota. The Employees section got 5.17 times bidding, while shares reserved for Qualified Institutional Buyers goth the most number of subscriptions on the last day as the quota subscribed 208.6 times.

Waree Energies IPO GMP

The grey market premium of Waree Energies (GMP) suffered a minor hit as it went down over from the 100% mark. According to investorgain.com, the shares of Waree Energies are trading at Rs 2,878, up 91.48 per cent or Rs 1,375 against the issue price of Rs 1,503.

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Waree Energies IPO details

When is Waree  Energies’ IPO tender date? - Public offers will be open from Monday to Wednesday.

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

What is the size of Waree Energies’ IPO offering? - The company plans to raise Rs 4,321.44 crore from this bookmaking offer, which will include fresh shares and OFS.

What is the IPO lot size? - An applicant can apply for lots, including a book-building offer on one lot that consists of nine company shares.

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

What is the IPO listing date of Waree Energies? - Bookmaking offerings are scheduled to be listed on the BSE and NSE. The public offering is expected to arrive on October 28, 2024, at Dalal Street.

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