Stock market experts predict a listing price close to Rs 2,777 per share, translating to a premium of around 85 per cent over the IPO price

Mumbai-based Waaree Energies sold its shares in the price band of Rs 1,427-1,503 apiece for which investors could apply for a minimum of nine shares and its multiples thereafter.

The company has fixed the IPO price at ₹1,503, and at the upper end of the price band, ₹1,427-1,503. The IPO generated a strong response from all categories of investors, especially institutional investors,

Waaree Energies Limited, a top Indian solar PV module maker, raised Rs 4,321 crore through its IPO, which includes a fresh issue and an offer for sale. The IPO was priced at Rs 1,427-1,503 per share.

Waaree Energies Ltd shares closed with a 56% premium over their issue price on both BSE and NSE, following their market entry with a strong debut. The IPO, supported by institutional investors, will finance new manufacturing facilities,

The public issue was open for subscription from October 21 to 23.“Trading Members of the Exchange are hereby informed that effective from Monday, October 28, 2024, the equity shares of Waaree Energies Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities,

Waaree Energies' shares surged on debut, listing at a premium on BSE and NSE following a highly successful IPO. Attracting bids worth Rs 2.41 lakh crore, the IPO was subscribed 76 times. Funds will help establish a 6 GW manufacturing facility in Odisha and support corporate purposes.

GMP Date price listing subscription status review IPO news: The counter has been fetching a grey market premium of 104% . This indicates a double- or triple-digit listing day gains.

According to market observers, shares of the company are available at a premium of ₹1,591 in the grey market today

Waaree Energies shares listed at Rs 2,550 on the BSE, reflecting a premium of 69.66 per cent against the IPO allotment price of Rs 1,503