The details about the Waaree Energies IPO are as:
	- The issue size of the IPO is 4321.44 Cr.
 
	- The price band for Waaree Energies IPO is Rs 1427 to Rs 1503.
 
	- The shares of Waaree Energies IPO will list on 28th October 2024.
 
	- The latest tentative GMP of Waaree Energies IPO is Rs 1503.
 
	- The shares of Waaree Energies IPO are subscribed 79.44 Times.
 
Waaree Energies IPO Valuation
The approx valuation of Waaree Energies IPO based on its price band and DRHP (prospectus) is:
	
		
			| Particulars | 
			Value | 
		
	
	
		
			| Upper Price Band | 
			Rs 1503 | 
		
		
			| Existing Shares (Qty) | 
			26.33 Cr | 
		
		
			| Fresh Issue | 
			3600 Cr | 
		
		
			| Market Cap | 
			43173.99 Cr | 
		
		
			| EPS (FY24) | 
			Rs 48.04 | 
		
		
			| PE Ratio | 
			31.28x | 
		
		
			| Industry PE | 
			151.13x | 
		
	
 
Waaree Energies IPO Issue Size
Waaree Energies IPO issue size is 4321.44 Cr.
	
		
			| Issue | 
			Amount | 
		
	
	
		
			| Fresh Issue | 
			3600 Cr | 
		
		
			| Offer For Sale | 
			721.44 Cr | 
		
	
 
Waaree Energies IPO Market Lot
An Individual can apply for a minimum 1 lot of 9 shares and a maximum of 14 lots of 126 shares. Find the details below:
	
		
			| Application | 
			Lot | 
			Shares | 
			Amount | 
		
	
	
		
			| Minimum | 
			1 | 
			9 | 
			Rs 13,527 | 
		
		
			| Maximum | 
			14 | 
			126 | 
			Rs 1,89,378 | 
		
	
Waaree Energies IPO Share Offer
The shares of Waaree Energies IPO are subscribed 79.44 Times. The category-wise shares offered are as follows:
	
		
			| Category | 
			% Offered | 
		
	
	
		
			| Qualified Institutional | 
			Maximum 50% | 
		
		
			| Non-Institutional | 
			Minimum 15% | 
		
		
			| Retail Individual | 
			Minimum 35% | 
		
	
 
Waaree Energies IPO GMP (Grey Market Premium)
	
		
			| As on | 
			GMP (Tentative) | 
		
	
	
		
			| 17 October 2024 | 
			Rs 1540 | 
		
		
			| 21 October 2024 | 
			Rs 1475 | 
		
		
			| 22 October 2024 | 
			Rs 1503 | 
		
	
Waaree Energies IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
 
                        
                       
                        
                            
Find below the dates for Waaree Energies IPO:
	
		
			| Schedule | 
			Date | 
		
	
	
		
			| Basis of Allotment | 
			24 October 2024 | 
		
		
			| Refunds | 
			25 October 2024 | 
		
		
			| Credit to Demat Account | 
			25 October 2024 | 
		
		
			| IPO Listing Date | 
			28 October 2024 |