24 October 2024
The highly anticipated initial public offering (IPO) of Waaree Energies is set to open for subscription on October 21, 2024, and will close on October 23, 2024. This IPO is expected to raise approximately crores, making it one of the significant offerings in the Indian market this year. The price band for the shares has been set between and per equity share, with a face value of per share.lWaaree Energies IPO Timeline Opening Date: October 21, 2024 Closing Date: October 23, 2024 Allotment Date: October 24, 2024 Refund Initiation: October 25, 2024 Credit to Demat Accounts: October 25, 2024 Listing Date: October 28, 2024 Waaree Energies IPO Issue Structure The IPO comprises a fresh issue of shares worth approximately crores and an offer for sale (OFS) of up to 4.8 million shares valued at around *721.44 crores. The OFS includes shares sold by Waaree Sustainable Finance and Chandurkar Investments.
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