Waaree Energies IPO: Everything You Need to Know
Waaree Energies’ IPO officially opened for subscription on October 21. Investors can participate until October 23, making it a limited window
The IPO features a fresh equity sale worth Rs 3,600 crore, plus an offer for sale (OFS) of 48 lakh shares, offering significant opportunities
Before the IPO launch, Waaree Energies raised Rs 1,277 crore from 92 anchor investors, showcasing strong pre-market confidence in the company
The IPO is priced between Rs 1,427 – 1,503 per share, and investors can bid in lots of nine shares. The current GMP is an impressive Rs 1,340
With a grey market premium reflecting an 89% gain, Waaree Energies’ IPO has been oversubscribed, with bids worth Rs 10,562.45 crore
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