Waaree Energies IPO: 10 things to know before subscribing - India Today
30 October 2024
In Short Waaree Energies IPO to open for bidding from October 21 Price band for IPO set between Rs 1427-1503 per share Minimum investment for retail investors is Rs 13,527 The initial public offering (IPO) of Waaree Energies. which is a book-built issue. will open for subscription on Monday, looking to raise Rs 4,321.44 crore. Founded in 1990. Waaree Energies Limited (WEL) is India's largest manufacturer and exporter of solar modules. "WEL is India's leading solar module manufacturer. accelerating the global energy transition. With India aiming to reach 500GW of renewable energy by 2030. WEL contributes significantly to this vision by supplying high-efficiency solar modules worldwide." said Monarch Networth Capital Limited in its IPO report.- Waaree Energies Limited (WEL). founded in 1990 and headquartered in Mumbai, is India's leading manufacturer and exporter of solar modules with the largest aggregate installed capacity of 13.3GW as of Ouly'24." it added. 10 THINGS TO KNOW BEFORE SUBSCRIBING TO WAAREE ENERGIES IPO Subscription period: The IPO of Waaree Energies will be open for subscription from October 21 till October 23. 2024. Price band: The price band for the Waaree Energies IPO is set between Rs 1427- 1503 per share. Fundraising target: Waaree Energies IPO is a book-built issue worth Rs 4,321.44 crore. Issue division: The IPO is a combination of fresh issue of 2.4 crore shares aggregating to Rs 3600.00 crore and an offer for sale of 0.48 crore shares aggregating to Rs 721.44 corer. Lot size: The minimum lot size for an application is 9 shares, requiring a minimum investment of Rs 13.527 for retail investors. For small non-institutional investors (sNlls). the minimum application size is 15 lots (135 shares). requiring an investment of Rs Large non-institutional investors (bNlls) will need to invest in at least 74 lots (666 shares). with a total investment of Rs 10.00998. Allotment date: Finalisation of share allocation for the Waaree Energies IPO is expected on Thursday. October 24.2024.
In Short Waaree Energies IPO to open for bidding from October 21 Price band for IPO set between Rs 1427-1503 per share Minimum investment for retail investors is Rs 13,527 The initial public offering (IPO) of Waaree Energies. which is a book-built issue. will open for subscription on Monday, looking to raise Rs 4,321.44 crore. Founded in 1990. Waaree Energies Limited (WEL) is India's largest manufacturer and exporter of solar modules. "WEL is India's leading solar module manufacturer. accelerating the global energy transition. With India aiming to reach 500GW of renewable energy by 2030. WEL contributes significantly to this vision by supplying high-efficiency solar modules worldwide." said Monarch Networth Capital Limited in its IPO report.- Waaree Energies Limited (WEL). founded in 1990 and headquartered in Mumbai, is India's leading manufacturer and exporter of solar modules with the largest aggregate installed capacity of 13.3GW as of Ouly'24." it added. 10 THINGS TO KNOW BEFORE SUBSCRIBING TO WAAREE ENERGIES IPO Subscription period: The IPO of Waaree Energies will be open for subscription from October 21 till October 23. 2024. Price band: The price band for the Waaree Energies IPO is set between Rs 1427- 1503 per share. Fundraising target: Waaree Energies IPO is a book-built issue worth Rs 4,321.44 crore. Issue division: The IPO is a combination of fresh issue of 2.4 crore shares aggregating to Rs 3600.00 crore and an offer for sale of 0.48 crore shares aggregating to Rs 721.44 corer. Lot size: The minimum lot size for an application is 9 shares, requiring a minimum investment of Rs 13.527 for retail investors. For small non-institutional investors (sNlls). the minimum application size is 15 lots (135 shares). requiring an investment of Rs Large non-institutional investors (bNlls) will need to invest in at least 74 lots (666 shares). with a total investment of Rs 10.00998. Allotment date: Finalisation of share allocation for the Waaree Energies IPO is expected on Thursday. October 24.2024.
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