Waaree Energies Limited IPO Date, Price, Review and Details
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Waaree Energies Limited IPO
Waaree Energies Limited IPO was engaged in they are
India's largest manufacturer of solar PV modules, with a total installed
capacity of 12GW as of June 30, 2024 (according to the CRISIL Report, page
165). In Fiscal 2024, they had the second-highest operating income among Indian
solar PV module makers (CRISIL Report, page 179). Since starting in 2007, their
focus has been on producing high-quality, affordable solar energy solutions for
various markets. Their solar PV modules are currently manufactured using
emerging technologies such as polycrystalline cell technology,single
crystalline cell technology and tunnel oxide passive contact (“TopCon”) to
reduce energy losses and increase overall efficiency.
Company Promoters:
- Hitesh Chimanlal Doshi
- VirenChimanlal Doshi
- Pankaj Chimanlal Doshi
- Waaree Sustainable Finance Private Limited
Objects of this Issue:
- Waaree will invest in their wholly owned subsidiary to finance a portion of the costs of setting up a 6GW Ingot Wafer, Solar Cell, and Solar PV Module plant in Odisha, India.
- General purposes of the company.
Financial Information of the Company:
|
Amount in Million (Rs.) |
||
As on 31 Mar 2024 |
As on 31 Mar 2023 |
As on 31 Mar 2022 |
|
Total Assets |
1,13,137.27 |
74,199.20 |
22,373.99 |
Total Liabilities |
71,652.39 |
55,580.66 |
18,097.51 |
Net Profit |
1,274.38 |
500.28 |
79.65 |
Waaree Energies Limited IPO Schedule
1.
Bid or Offer Opens on: 21 October
2024
4.
Initiation of Refunds: 25 October
2024
Waaree Energies Limited IPO Lot Size
The market lot size of
the WAAREE ENERGIES LIMITED IPO is 1 share. Minimum and Maximum order quantity
is as follows:
Application |
Lots |
Shares |
Amount |
|
Retail |
Minimum |
1 |
9 |
₹13,527 |
Maximum |
14 |
126 |
₹189,378 |
|
S-HNI |
Minimum |
15 |
135 |
₹202,905 |
S-HNI |
Maximum |
73 |
657 |
₹987,471 |
B-HNI |
Minimum |
74 |
666 |
₹1,000,998 |
Company Contact Details:
Waaree Energies Limited
IPO
602, 6thFloor, Western Edge –I, Western Express Highway,
Borivali (East), Mumbai -400 066,
Maharashtra, India
Phone: +91 22 6644 4444
Email: investorrelations@waaree.com
Website: www.waaree.com
Waaree Energies Limited IPO Registrar Details:
Link Intime India Private Limited
C-101, 247 ParkLBS Marg,
Surya Nagar, Gandhi NagarVikhroli (West)
Mumbai -400 083 Maharashtra
Phone: +91 81081 14949
Email: waaree.ipo@linkintime.co.in
Website: www.linkintime.co.in
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