Waaree Energies IPO Allotment Status

Summary

Waaree Energies IPO has received an extraordinary response from investors, closing with a remarkable subscription of 79.44 times by 23rd October 2024 at 5:21:07 PM (Day 3). The public issue witnessed exceptional demand across investor categories. The Qualified Institutional Buyers (QIB) category led with an extraordinary subscription of 215.03 times, showing tremendous institutional confidence.

The Non-Institutional Investors (NII) segment demonstrated strong interest with 65.25 times subscription, with big NIIs (bNII) at 71.32 times and small NIIs (sNII) at 53.10 times. The Retail Investors portion was subscribed 11.27 times, while the Employee portion saw 5.45 times subscription. The Anchor Investors portion was fully subscribed. This exceptional response across categories resulted in 9,734,503 applications, indicating overwhelming market confidence in Waaree Energies' offering.

How to Check Waaree Energies IPO Allotment Status:

How to Check Waaree Energies IPO Allotment Status on the Registrar's Site?

Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/public-issues.html)

From the dropdown menu, select Waaree Energies IPO

Choose one of the following modes: PAN ID, Demat Account number, or Application number

Enter the information relevant to the mode you have chosen

For security purposes, fill out the captcha accurately

Click "Submit"

How to Check Waaree Energies IPO Allotment Status on BSE

Visit the BSE  (https://www.bseindia.com/investors/appli_check.aspx)

Look for the IPO Allotment Status section

Select "Waaree Energies Limited" from the dropdown menu

Enter your application number and PAN ID

Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

Log into your Internet Banking: Go to your bank's website or mobile app and log in

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections

Offer Required Information: Provide information like your PAN, application number, or other identifiers

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources

How to Check IPO Allotment Status in a Demat Account:

Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP)

Find IPO Section: Look for the section titled "IPO" or "Portfolio"

Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service

Waaree Energies IPO Timeline:

Waaree Energies IPO Subscription Status

Waaree Energies IPO received 79.44 times subscription with 9,734,503 applications. By 23rd October 2024 at 5:21:07 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:21:07 PM)

Total Subscription: 79.44 times
QIB: 215.03 times
NII: 65.25 times 
bNII (>₹10L): 71.32 times 
sNII (<₹10L): 53.10 times 
Retail investors: 11.27 times 
Employee: 5.45 times 

Subscription Day 2

Total Subscription: 9.19 times
QIB: 1.82 times
NII: 24.75 times
Retail investors: 6.69 times
Employee: 3.30 times

Subscription Day 1

Total Subscription: 3.47 times
QIB: 0.08 times
NII: 8.22 times
Retail investors: 3.34 times
Employee: 1.68 times

Waaree Energies IPO Details

Waaree Energies' initial public offering (IPO) is a book built issue of ₹4,321.44 crores. This offering consists of a fresh issue of 2.4 crore shares aggregating to ₹3,600.00 crores and an offer for sale of 0.48 crore shares aggregating to ₹721.44 crores.

The bidding process for the Waaree Energies IPO commenced on 21st October 2024 and concluded on 23rd October 2024. The allotment results for this IPO are anticipated to be finalised on 24th October 2024. Furthermore, the shares of Waaree Energies are set to be listed on BSE and NSE, with a provisional listing date scheduled for 28th October 2024.

The Waaree Energies IPO price band has been established between ₹1,427 and ₹1,503 per share. Investors must apply for a minimum lot size of 9 shares, which requires a minimum investment of ₹13,527 for retail investors. For non-institutional investors (NII), the minimum investment consists of 15 lots (135 shares), totalling ₹202,905.

The book running lead managers for the Waaree Energies IPO include Axis Capital Limited, IIFL Securities Ltd, Jefferies India Private Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, SBI Capital Markets Limited, Intensive Fiscal Services Private Limited and ITI Capital Ltd. Link Intime India Private Ltd is designated as the registrar for this offering.