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Waaree Energies beats Tatas and Bajaj to set new IPO record with 97.34 lakh applications - The Economic Times
  • Waaree Energies beats Tatas and Bajaj to set new IPO record with 97.34 lakh applications - The Economic Times

    24 October 2024

    Synopsis Bajaj Housing Finance previously held the record with 90 lakh applications, followed by Tata Technologies with 73 lakh applications. The Rs 4,321 crore IPO received a strong response, attracting bids worth Rs 2.41 lakh crore and achieving an overall subscription of 76 times, including 208 times in the institutional category and 62 times in the non- institutional segment. ETMarketscom One with the Sun Keeping up with the massive buzz, Waaree Energies IPO received 97.34 lakh applications — the highest for any IPO in India's primary marke history to date. The previous record was held by Bajaj Housing Finance, whose IPO received around 90 lakh applications and Tata Technologies, which garnered 73 lakh applications. The Rs 4,321 crore IPO received an overwhelming response from investors by receiving bids worth Rs 2.41 lakh crore. The overall subscription stood at 76

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