Waaree Energies Ltd launched its IPO on October 21, and the subscription ends today, October 23. The IPO has received strong demand, with a 9x subscription in the first two days.
Subscription details on Day 3:
The IPO price band is set between ₹1,427 to ₹1,503 per share, with the upper limit aiming to raise ₹4,321.44 Crore.
Waaree Energies is the largest solar PV module manufacturer in India, with a capacity of 12 GW, nearly 1.9 times larger than its closest competitor. The company operates five manufacturing facilities and offers multicrystalline, monocrystalline, and TopCon modules as part of its product portfolio.
The firm also provides EPC solutions as a contractor for various solar projects. The IPO has received an overwhelming response with a subscription of 8.78 times by Day 2. The IPO is currently subscribed 9.55 times overall.
The Waaree Energies IPO listing date is expected to be October 28, and today marks the final day for bidding.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
