Waaree Energies, situated in Mumbai, sold its shares at a price range of Rs 1,427-1,503 per share, with buyers able to purchase a minimum of nine shares and subsequent multiples.
Waaree Energies plans to conclude the basis for allotment of its shares on Thursday, October 24. Bidders will receive notifications, alerts, or emails regarding the deduction of their funds or the revocation of their IPO mandate by Friday, October 25.
The Mumbai-based solar company received a record reaction from investors. The issue was oversubscribed 76.34 times, owing to substantial interest from qualified institutional bidders (QIBs), whose quota was booked 208.63 times. Non-institutional investors (NIIs) were allocated 62.49 times.
Because of the enthusiastic interest of qualified institutional bidders (QIBs), whose quota was booked an impressive 208.63 times, the issue was subscribed a respectable 76.34 times overall. Non-institutional investors' (NIIs') allocation was reserved 62.49 times. During the bidding procedure, the sections for employees and retail investors were subscribed 5.17 and 10.79 times, respectively.
Ipo Allotment Status Check:
1) Visit https://www.bseindia.com/investors/
2) Under the issue type, click Equity
3) Under the issue name, select Waaree Energies Limited in the dropbox
4) Write the application number
5) Add the PAN card ID
6) Click on 'I am not a Robot' and hit search button
Waaree Allotment Status
Allotment Status
Ipo Allotment Status Check
Waaree Allotment Date
Waaree Ipo Allotment
Waaree Energies Ipo Allotment Date and Time
0 Comments