The Waaree Energies IPO is on fire with a booming 100% grey market premium! Should you jump on this solar bandwagon?
The buzz around the Waaree Energies IPO is electric, quite literally! The company, known for its innovative solar modules, has just launched its initial public offering with a price band set between ₹1427 and ₹1503 per share. Investors are feeling optimistic, as evidenced by the unlisted shares trading at a jaw-dropping premium of ₹1510, reflecting a whopping 100.47% gain over the upper price band in the grey market. This surge is a clear sign of enthusiasm among investors eager to grab a piece of the renewable energy pie.
Today marks the first day of the IPO subscription, and it’s already turning heads! Market observers have noted that Waaree Energies’ shares are experiencing a consistent increase in grey market premium (GMP), currently priced around ₹1473—just a hint that market confidence is soaring through the roof! With the issue price attracting many investors, it's no wonder that Waaree Energies has quickly garnered full subscription within hours of opening its gateway for public bidding, showcasing the hunger for green investment.
What makes this IPO even more scintillating is the company’s valuation, which has now surged to over ₹4300 crore post-issue. This could be a golden opportunity for retail investors looking to tap into the sustainable energy sector. With a fresh equity sale of ₹3600 crore and an offer for sale of 0.48 crore shares, Waaree is quite literally basking in the sun. The company also caught the eye of anchor investors before public days, raising ₹1277 crore—a clear testament to the market's trust in Waaree's potential.
While Waaree Energies steers towards a bright future in the solar sector, here are some fun facts: Did you know that solar energy is becoming one of the most sought-after forms of energy in India? Plus, since Waaree operates in the Gujarat region, it's located in one of the sunniest states in India, contributing significantly to India's renewable energy goals. With the increasing focus on sustainability, this IPO could be your ticket to chasing after greener pastures. Don’t miss out on the chance to shine alongside Waaree Energies!
The unlisted shares of Waaree Energies are trading at a premium of Rs 1510, or 100.47 per cent, over the upper price band in the grey markets, ...
Waaree Energies has launched its IPO today with a price range of Rs 1427-1503 per share. The company raised Rs 1277 crore from anchor investors before ...
Waaree Energies IPO GMP: According to market observers, shares of the company are available at a premium of ₹1473 in the grey market today.
Waaree Energies' market valuation has been pegged at over Rs 4300 crore post-issue at the upper end of the price band.
Waaree Energies IPO: The grey market premium (GMP) of Waaree Energies has jumped to ₹1510 as the issue opens for subscription today.
Waaree Energies IPO Day 1: Unlisted shares of Waaree Energies Ltd are trading just Rs 1510 higher in the grey market, signalling a 100.47 per cent listing ...
October 21 (Monday). It will close on October 23. In the grey market, shares of Waaree Energies Limited are commanding a strong premium or GMP, indicating a ...
Waaree Energies' IPO, featuring a fresh equity sale of Rs 3600 crore and an OFS of 48 lakh shares, was fully subscribed within hours of opening, ...
The Waaree Energies IPO consists of a fresh issue of 2.4 crore shares, amounting to Rs 3600 crore, along with an offer for sale of 0.48 crore shares, ...
Waaree Energies IPO GMP Today Price in Hindi: सोलर मॉड्यूल बनाने वाली देश की सबसे बड़ी कंपनी है वारी एनर्जीज। इस समय इसके गुजरात में ...
वारी एनर्जीज आईपीओ (Waaree Energies IPO) रिटेल निवेशकों के लिए आज खुल जाएगा। कंपनी का आईपीओ ग्रे मार्केट में शानदार प्रदर्शन कर ...
Waree Energies IPO सब्सक्रिप्शन के लिए 23 अक्टूबर 2024 तक खुला है. सब्सक्राइब करने से पहले जानिए इसका GMP और बाकी डिटेल.
Waaree Energies IPO GMP, Price Today: वारी एनर्जीज का आईपीओ आज से सब्सक्रिप्शन के लिए खुल गया है। ग्रे मार्केट में क्या है शेयर का हाल?
According to NSE data, the Waaree Energies IPO was subscribed 2.81 times by 3:45 pm on Monday, led by non-institutional investors (NIIs) and retail ...
कंपनी ने 1427-1503 रुपये प्रति शेयर का प्राइस बैंड तय किया है, जहां निवेशक एक लॉट में 9 शेयरों के लिए बोली लगा सकते हैं.
Waaree Energies IPO received 6,98,85360 applications against offered 2,10,79384 shares, on the first day of bidding on October 21.
Waaree Energies IPO: The three-day public subscription of India's largest solar module manufacturer will conclude on October 23. The price band for the ...
Waaree Energies IPO Live Updates, GMP, date, price band, listing subscription status review IPO news: The IPO is priced in the range of Rs 1427 - 1503 per ...
Waaree Energies IPO: वारी एनर्जीज लिमिटेड का ₹4321 करोड़ का आईपीओ आज सोमवार, 21 अक्टूबर को निवेश के लिए ओपन हो गया।
There is also much buzz around the Waaree Energies' grey market premium (GMP) that stood at ₹1480, indicating a premium of 98.47% on October 21.
Waaree Energies IPO GMP: According to stock market observers, shares of the company are trading at a premium of 100% in the grey market today.
Waaree Energies IPO GMP Today: Today is the second day of subscription for the initial public offering (IPO) for Waaree Energies Limited.
Waaree Energies IPO: The unlisted shares of Waaree Energies continue to command a solid premium in the grey market, reflecting favorable market sentiments ...
The company has priced the IPO in the range of Rs 1,427-1,503 per share, where investors can bid for 9 shares in one lot. Popular in Markets. 1.