Waaree Energies Ltd. News and Updates

Name: Latest research reports of Waaree Energies Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Waaree Energies Ltd.
Rating: 3
Author: HDFC Securities

Keep track of all breaking news on Waaree Energies Ltd. from all sources in a single place.

Load latest

Waaree Energies Ltd.

22 Oct 2024

2160.95

-3.23%

Investors subscribe Waaree Energies' IPO 8.78 times offer size on day 2

Business Standard

The initial public offer of solar panel maker Waaree Energies Ltd received 8.78 times subscription on the day two of share sale on Tuesday. The Rs 4,321.44 crore initial share sale received bids for 18,51,56,208 shares against 2,10,79,384 shares on offer, as per NSE data. The portion for non-institutional investors fetched 24.30 times subscription, while the category for Retail Individual Investors (RIIs) got subscribed 6.36 times. Qualified Institutional Buyers (QIBs) received 1.73 times subscription. Waaree Energies on Friday said it has mobilised Rs 1,277 crore from anchor investors. The issue, with a price band of Rs 1,427 to Rs 1,503 per share, will conclude on October 23. The IPO is a combination of a fresh issue of equity shares aggregating to Rs 3,600 crore and an Offer-For-Sale (OFS) of 48 lakh equity shares worth Rs 721.44 crore, at the upper end of the price band, by a promoter and existing shareholders. This translates into a total size of Rs 4,321.44 crore. Under the

Waaree Energies Ltd. has lost -10.13% in the last 1 Week

Waaree Energies Ltd.

21 Oct 2024

2160.95

-3.23%

Investors subscribe Waaree Energies' IPO 3.29 times offer size on day 1

Business Standard

The initial public offer of solar panel maker Waaree Energies Ltd was subscribed 3.29 times on the first day of share sale on Monday, driven by encouraging participation from non-institutional and retail investors. The Rs 4,321.44 crore initial share sale received bids for 6,92,83,467 shares against 2,10,79,384 shares on offer, as per NSE data. The portion for non-institutional investors received 7.98 times the subscription, while the category for retail individual investors (RIIs) fetched 3.16 times the subscription. The quota for qualified institutional buyers (QIBs) subscribed 8 per cent. Waaree Energies on Friday said it has mobilised Rs 1,277 crore from anchor investors. The issue, with a price band of Rs 1,427 to Rs 1,503 per share, will remain open for public subscription from October 21 to October 23. The IPO is a combination of a fresh issue of equity shares aggregating to Rs 3,600 crore and an Offer For Sale (OFS) of 48 lakh equity shares worth Rs 721.44 crore, at the up

Waaree Energies Ltd. is trading below all available SMAs

Waaree Energies Ltd.

21 Oct 2024

2160.95

-3.23%

IPO Note - Waaree Energies Limited - 21102024

IPO Note: Waaree Energies Ltd.

HDFC Securities

Waaree Energies Limited Issue Snapshot: Issue Open: October 21 October 23, 2024 Price Band: Rs. 1427 1503 *Issue Size: Up to Rs 4321 cr (Fresh issue of up to Rs 3600 cr + Offer for sale of Up to 4,800,000 eq sh) Reservation for: QIB upto 50% eq sh Non-Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 10 Book value: Rs 169.94 (June 30, 2024) Bid size: - 9 equity shares and in multiples thereof 100% Book built Issue

Waaree Energies Ltd. has gained 43.78% in the last 6 Months

Waaree Energies Ltd.

20 Oct 2024

2160.95

-3.23%

WAAREE ENERGIES LIMITED

IPO Subscribe: Waaree Energies Ltd.

Hem Securities

Waaree Energies Ltd. has gained 43.78% in the last 1 Year

Waaree Energies Ltd.

19 Oct 2024

2160.95

-3.23%

IPO Note Waaree Energies Limited- 19102024

IPO Note: Waaree Energies Ltd.

HDFC Securities

Issue Snapshot: Issue Open: October 21 October 23, 2024 Price Band: Rs. 1427 1503 *Issue Size: Up to Rs 4321 cr (Fresh issue of up to Rs 3600 cr + Offer for sale of Up to 4,800,000 eq sh) Reservation for: QIB upto 50% eq sh Non-Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 10 Book value: Rs 169.94 (June 30, 2024) Bid size: - 9 equity shares and in multiples thereof 100% Book built Issue IPO Note Waaree Energies Limited

Waaree Energies Ltd. is trading below all available SMAs

Waaree Energies Ltd.

19 Oct 2024

2160.95

-3.23%

Waaree Energies Ltd.

IPO Subscribe: Waaree Energies Ltd.

Ashika Research

Waaree Energies Ltd. has lost -10.13% in the last 1 Week

Waaree Energies Ltd.

18 Oct 2024

2160.95

-3.23%

How Waaree Energies is ready to be a composite energy solution company in next 3 years

Economic Times

Waaree Energies is expanding its capabilities to meet the increasing demand for solar energy. The company is investing in renewable technologies, storage solutions, battery production, and hydrogen initiatives. These strategic moves position Waaree to tackle upcoming market shifts and international competition effectively. Waaree aims to diversify its products and geographical reach, ensuring sustained growth.

Waaree Energies Ltd. has gained 43.78% in the last 1 Year

Waaree Energies Ltd.

18 Oct 2024

2160.95

-3.23%

WAAREE ENERGIES LTD.

IPO Subscribe: Waaree Energies Ltd.

Ventura

IPO NOTE

Waaree Energies Ltd. has gained 43.78% in the last 6 Months

Waaree Energies Ltd.

18 Oct 2024

2160.95

-3.23%

Waaree Energies: IPO

IPO Subscribe: Waaree Energies Ltd.

ICICI Direct

Waaree Energies Ltd. has lost -10.13% in the last 1 Week

Waaree Energies Ltd.

18 Oct 2024

2160.95

-3.23%

IPO Note

IPO Subscribe: Waaree Energies Ltd.

KRChoksey

Waaree Energies Limited stands as a prominent leader in India’s renewable energy sector, particularly in solar PV module manufacturing. Headquartered in Mumbai, the company has established itself with a reputation for innovation, technological excellence and sustainability.