Waaree Energies shares made a strong debut on the bourses on Monday, October 28, listing at ₹2,500 on NSE, a premium of 66.33 percent to the issue price of ₹1,503. The IPO received bids for 160.91 crore shares against 2.02 crore shares on offer, with the retail investor segment booking 11.27 times while the non-institutional investors (NII) category saw a …
Waaree Energies' IPO continues to perform well, with the issue oversubscribed 30 times on the final day of bidding. The company is expected to raise Rs 4,321.44 crore through fresh issues and an offer-for-sale (OFS). The grey market premium (GMP) for Waaree is currently at 95%, suggesting a potential listing gain of nearly 95%. The company's strong financials, increasing demand …
