Waaree Energies IPO GMP, Waaree Energies Grey Market Premium Today
Know all information about Waaree Energies IPO: Waaree Energies IPO GMP (Waaree Energies Grey Market Premium Today), Waaree Energies IPO Date, Waaree Energies IPO Review, Waaree Energies IPO Benefits & Risks. Waaree Energies Limited is leading companies in the solar energy sector (in India) . We will update Waaree Energies GMP daily. Also, all information related to Waaree Energies IPO like price band, all dates, issue size and retail parts etc. All the important information about Waaree Energies IPO is given below.
Waaree Energies IPO
Waaree Energies IPO will open on - January 2022 and close on - January 2022. The price band of the IPO is ₹- to ₹-. The company is looking to raise around ₹1350 crores through an initial public offering (IPO). Waaree Energies IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Waaree Energies IPO listing date is - January 2022. Waaree Energies IPO GMP (Grey Market Premium) has not started.
The Waaree Energies has performed well in the last three financial years. Waaree Energies IPO Size is ₹1350 crores. In this IPO, approx 40.07 lakh shares
will be sold under OFS (Offer for sale). The IPO of Waaree Energies will be listed on NSE and BSE. Waaree Energies IPO face value is ₹- per equity share.
We will talk about Waaree Energies financial, benefits, and risks of investing in the company. Also will know about Waaree Energies business model.
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What is Waaree Energies IPO GMP Today?
Waaree Energies IPO GMP is ₹.
What is the Waaree Energies IPO Date?
Waaree Energies IPO Opening date is January 2022.
What is Waaree Energies IPO Expected Return?
Waaree Energies IPO Expected Returns is approx -%.
About Waaree Energies Limited
Waaree Energies Limited was established in the year 1989 in Mumbai. Waaree Energies Limited is the flagship company of the Waaree Group. The company has 2 GW (India's largest) solar PV module manufacturing capacity at its plants in Surat and Ambergaon.
The major services of Waaree Energy Limited are providing EPC Services, Project Development, Rooftop Solutions, and Solar Water Pumps. Waaree Energy Limited, as an independent power producer is one of the top players in India. The company has a presence in 350+ locations nationally and around 68 countries internationally.
The company's vision is to provide high-quality and cost-effective sustainable energy solutions in all markets while reducing the carbon footprint. The company wants to benefit from the increasing use of solar energy in the future.
Important Links:
- Waaree Energies Website
- Waaree Energies DRHP
- Waaree Energies RHP
Purpose of the offer
- Repayment and/or prepayment, in whole or in part, of certain borrowings taken by the Company.
- For the fulfillment of general corporate purposes.
Waaree Energies GMP Today (Grey Market Premium)
[Note: Waree energies IPO GMP has not started yet]
DATE | GMP | KOSTAK | Subject to Sauda |
---|---|---|---|
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹ | ₹ | ₹ |
January | ₹- | ₹- | ₹- |
January | ₹- | ₹- | ₹- |
Waaree Energies IPO Date and Price Band Details
Waaree Energies IPO open date: January 2022, Closing date: January 2022, and Listing date: January 2022. The price band of Waaree Energies IPO is ₹- to ₹-per share. Waaree Energies IPO issue size is Rs 1350 crores. Waaree Energies Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion 15%.
IPO Open: | January 2022 |
IPO Close: | January 2022 |
Listing Date: | January 2022 |
Listing On: | NSE & BSE |
IPO Size: | Approx ₹1130 Crores |
Fresh Issue: | Approx ₹- Crores |
Offer For Sale: | Approx 4.7 Million Shares |
Price Band: | ₹- to ₹- per share |
Face Value: | ₹10/Equity share |
QIB Portion: | 50% |
Retail Portion: | 35% |
NII Portion: | 15% |
Employee Res: | Not Disclosed |
Waaree Energies IPO Market Lot & Size
Waaree Energies IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.
Minimum Lot: | 01 |
Minimum Lot Size: | - Shares |
Minimum Amount: | ₹- |
Maximum Lot: | 13 |
Maximum Lot Size: | - Shares |
Maximum Amount: | ₹- |
Waaree Energies IPO Allotment & Listing Date
Ipo Opening Date: | January 2022 |
IPO Closing Date: | January 2022 |
Basis of Allotment: | January 2022 |
Refund Date: | January 2022 |
Credit to Demat Account: | January 2022 |
Listing Date: | January 2022 |
Waaree Energies IPO Review
HappiestPost View: To be updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
Waaree Energies Ipo Review
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- Waaree Energy Limited is one of India's leading companies in the solar energy sector.
- The company has made a net profit of ₹ 48 in the financial year 2021.
- Waaree Energy Limited has India's largest solar PV module manufacturing capacity of 2 GW at its plants in Gujarat.
- The company has a long customer relationship with its customers.
- The company's vision is to reduce the carbon footprint and pave the way for sustainable energy.
- The company has an experienced and highly qualified management team.
- The company aims to provide high-quality and cost-effective sustainable energy solutions in all markets.
- The company has a presence in 350+ locations in India and 68 countries internationally.
Risks
- The company has an excessive dependence on some of its customers.
- The company's business and financial success will depend on the demand for solar energy products, as well as favorable government regulations.
- The impact of the COVID-19 pandemic on the company's business and operations is still unknown.
- The company relies on third-party suppliers of materials and components for the production of its products.
- The company will always need working capital to run its business.
- Waareeety Energy Limited's subsidiaries and directors are now involved in major legal proceedings.
- If there are such changes in the demand for solar energy or the rules related to it, which are not in the interest of the company, then they can affect the operation and business of the company.
Waaree Energies Financials
Waaree Energies Financials (in Crores)
Year | Total Assets | Revenue | Profit |
---|---|---|---|
2019 | ₹818 | ₹1612 | ₹82 |
2020 | ₹938 | ₹2021 | ₹39 |
2021 | ₹1280 | ₹1993 | ₹48 |
Promotors
The promoters of the company are:
- Hitesh Chimanlal Doshi
- Virenkumar Chimanlal Doshi
- Mahavir Thermoequip Private Limited.
Contact Details of Waaree Energies
Waaree Energies Limited
602, 6th Floor, Western Edge - I,
Western Express Highway, Borivali (East),
Mumbai - 400 066, Maharashtra, INDIA
Tel: +91 2266444444
E-mail: investorgrievance@waaree.com
Website: www.waaree.com
Waaree Energies Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- Intensive Fiscal Services Private Limited
- HSBC Securities and Capital Markets (India) Private Limited
Waaree Energies IPO Registrars
Link Intime India Private Limited
C-101, 1st floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West)
Mumbai 400 083, Maharashtra, INDIA
Tel: +91 2249186200
E-mail: waaree.ipo@linkintime.co.in
Website: www.linkintime.co.in
Conclusion
Waaree Energy offers various facilities to its customers which you can see in the About section above. Given the financial position of Waaree Energies, the company has performed well. There are some good and some bad things in the company which you can see in the section "Strengths" and "Risks" which are given above. It is not hidden from anyone that companies related to solar energy will definitely benefit in the future. Our suggestion will be updated when the company announces the price band and other IPO details.
Waaree Energies IPO FAQs
What is Waaree Energies IPO GMP Today?
Waaree Energies IPO GMP is ₹- as of today.
What is Waaree Energies IPO Opening Date?
Waaree Energies IPO Opening date is January 2022.
What is Waaree Energies IPO Closing Date?
Waaree Energies IPO Closing date is January 2022.
What is the Waaree Energies IPO Allotment date?
Waaree Energies IPO Allotment Date is January 2022.
What is Waaree Energies IPO Listing Date?
Waaree Energies IPO Date is 31 January 2022.
What is Waaree Energies IPO Kostak Rate?
Waaree Energies IPO Kostak rate is ₹-.
What is Waaree Energies IPO Expected Returns?
Waaree Energies IPO Expected Returns is -%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Waaree Energies Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Waaree Energies Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
Disclaimer
- We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO.
- Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header.
- We are not involved in the buying or selling of IPO form.
- Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.
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