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Issue Open Date
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21-Oct-24
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Issue Closing Date
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23-Oct-24
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Application Money
|
100
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Allotment Money
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Price Band (Rs.)
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1427
-
1503
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Minimum Bid Quantity.
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9
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Issue Size (Shares)
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21079384
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Market Lot
|
1
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Objective :
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1. Part finance the cost of establishing the 6GW of Ingot Wafer, Solar Cell and Solar PV Module manufacturing facility in Odisha, India (“Project”).2. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
|
Subscription Ratio
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|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
4435838
|
277175268
|
62.49
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Qualified Institutional Buyers
|
5837757
|
1217937402
|
208.63
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Retail Individual Investors
|
5837757
|
1217937402
|
208.63
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Business Description
We are the largest manufacturer of solar PV modules in India with the largest aggregate installed capacity of 12GW, as of June 30, 2023. (Source: CRISIL Report) For Fiscal 2023, we had the second best operating incomeamong all the domestic solar PV module manu
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Promoter's Holding
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Total Share Capital
|
189291083
|
|
Offered to Public
|
21079384
|
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Promoter's Holding (Pre-Issue)
|
72.32
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Promoter's Holding (Post-Issue)
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64.3
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More.. |
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Address |
602
6th Floor
Western Edge - I
Western Express Highway
Borivali (East)
Mumbai
,
Maharashtra
,
400066
Phone :
022-66444444
Email :
investorrelations@waaree.com
Website :
www.waaree.com
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
IIFL Securities Ltd.
Intensive Fiscal Services Pvt Ltd
ITI Capital Ltd.
Jefferies India Pvt Ltd.
Nomura Financial Advisory & Securities (India) Pvt Ltd.
SBI Capital Markets Ltd
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Promoters |
Hitesh Chimanlal Doshi
Pankaj Chimanlal Doshi
Viren Chimanlal Doshi
Waaree Sustainable Finance Pvt Ltd
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