Exchanges
BSE, NSE
Industry
Other Electrical Equipment
Issue
Book building

Waaree Energies IPO

₹2,338.90

+55.62% on listing

Listing-day close · NSE · 28 Oct 2024 · issue price ₹1,503

Waaree Energies’ ₹4,321 crore IPO was priced at ₹1,503 a share. It listed on the NSE on 28 Oct 2024 and closed its first day at ₹2,338.90, up 55.62% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹4,321 Cr
Fresh issue
₹3,600 Cr
Offer for sale
₹721 Cr
Lot size
9 shares
Minimum investment
₹13,527
Face value
₹10
Registrar
MUFG Intime India

Subscription

Waaree Energies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—55.98×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹42,939 Cr
P/E (post-issue)
26.8
EPS (post-issue)
₹56.16
Price to book
8.8
ROE
8.79%
ROCE
9.45%
Debt to equity
0.06
PAT margin
11.47%
Promoter holding
71.80% → 64.30%

Financials as of 30 Jun 2024, from the offer documents.

Listing

Listing date
28 Oct 2024
Issue price
₹1,503
Open
₹2,500.00
High
₹2,624.40
Low
₹2,300.00
Close
₹2,338.90

Listing day on the NSE. The close was +55.62% on the issue price.

WAAREE ENERGIES share price today

FAQs

When did the Waaree Energies IPO open and close?

It opened on 21 Oct 2024 and closed on 23 Oct 2024.

What was the Waaree Energies IPO price?

The price band was ₹1,427–1,503 a share. The final issue price was ₹1,503.

What is the lot size and minimum investment?

One lot is 9 shares, ₹13,527 at ₹1,503 a share. Retail investors apply in whole lots.

How much did Waaree Energies raise?

₹4,321 crore: ₹3,600 crore of new shares and ₹721 crore offered by existing shareholders.

How many times was the Waaree Energies IPO subscribed?

55.98 times overall.

How did Waaree Energies list?

It listed on the NSE on 28 Oct 2024 at ₹2,500.00 and closed the day at ₹2,338.90, up 55.62% on the ₹1,503 issue price.

Who is the registrar of the Waaree Energies IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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