Waaree Energies IPO subscribed over 6.8 times so far on 2nd day; check out key details

2 hours ago 1

Waaree Energies IPO: The archetypal nationalist offering (IPO) of Waaree Energies, India's largest star sheet maker, opened for subscription connected Monday, October 21, 2024. The IPO of the institution merchantability volition reason connected October 23, 2024.

Waaree Energies IPO subscription status

According to the BSE website, the IPO subscribed 6.80 times truthful acold (at 02:36 PM) connected the 2nd time of the bidding process and received bids for 14,32,67,805 shares against 2,10,79,384 shares connected offer.

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

Category	No.of shares offered/reserved	No. of shares bid for
Qualified Institutional Buyers (QIBs)	58,37,757	9,61,983
Non Institutional Investors(NIIS)	44,35,838	8,25,91,479
Retail Individual Investors (RIIs)	1,03,50,288	5,84,84,358
Employee Reserved	4,55,501	12,29,985
Total	2,10,79,384	14,32,67,805

Waaree Energies allotment date

The ground of the allotment of shares nether the IPO of Waare Energies is acceptable to beryllium finalised connected October 24, 2024.

Waaree Energies IPO listing date

The Waaree Energies IPO is apt to beryllium listed successful the secondary marketplace connected Monday, October 28, 2024.

Waaree Energies IPO batch size, Waaree Energies IPO terms band

Waare Energies terms set is acceptable astatine Rs 1,427 to Rs 1,503 per share. The minimum batch size for an exertion is 9 shares. The minimum magnitude of concern required by retail investors is Rs 12,843.

Waaree Energies IPO: Book-running pb 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 pb managers of the Waaree Energies IPO.

Waaree Energies: Registrar

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

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article