Waaree Energies Latest GMP and Share Allotment : The IPO of Waaree Energies, the country’s largest solar module manufacturing company, has been subscribed 79.44 times overall. At the same time, its gray market premium is indicating that it will be listed at more than double the price of its IPO. In such a situation, the investors who have invested money in it will have an eye on the share allotment today on 24th October. If you have applied, you can check the allotment status from the website of BSE and Registrar. The listing of the stock on BSE and NSE will take place on October 28.
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Strong subscription of 79.44 times
The IPO of Vaari Energies has been subscribed overall 79.44 times or 7944 percent. The size of the IPO is Rs 4321 crore, while it has received total bids of Rs 2,41,857 crore. The 50 per cent portion reserved for qualified institutional buyers has been filled a total of 215 times. Whereas the reserved 15 percent share for non-institutional investors is filled a total of 65.25 times. At the same time, the reserve portion of 35 percent for retail investors has been filled 11.27 times and the reserve portion for employees has been filled 5.45 times.
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Waaree Energies: GMP
The craze in the gray market regarding the IPO of Vari Energies has increased further. On October 24, 2024, the unlisted stock of the company has reached a premium of 102 percent in the gray market. It is trading at a premium of Rs 1530. In this context, the listing of shares can be at Rs 3033 as compared to the IPO price of Rs 1503. If this continues then this IPO will also become a blockbuster IPO that will double the money on listing.
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Share allotment status check: From BSE website
For this, first you have to go to BSE website.
Link: bseindia.com/investors/appli_check.aspx
After that the equity box has to be checked.
Then you have to enter the name of the issue Waaree Energies in the dropdown.
After that you have to type your application number in the box.
After that you will have to provide information about your PAN number.
Finally you will have to click on the search button, after which complete information will appear.
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Share allotment status check: From Registrar’s website
Link Intime is the registrar of this issue. For this IPO you have to visit the website of the registrar.
For this IPO you will have to visit the registrar’s website.
Link: https://linkintime.co.in/initial_offer
Type company name Waaree Energies in the dropdown.
After this enter PAN number, application number or depository/client ID in the box.
Then enter the captcha and click on the search button. Then you will know your status.
