|
Issue Open Date
|
21-Oct-24
|
|
Issue Closing Date
|
23-Oct-24
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
Price Band
|
1427
-
1503
|
|
Minimium Application No.
|
9
|
|
Issue Size (Shares)
|
21079384
|
|
Market Lot
|
1
|
|
|
|
|
Objective
|
|
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.
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
4435838
|
277175268
|
62.4854352210338
|
|
Qualified Institutional Buyers
|
5837757
|
1217937402
|
208.631055043915
|
|
Retail Individual Investors
|
5837757
|
1217937402
|
208.631055043915
|
|
|
|
|
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
|
|
|
Promoter's Holding
|
|
Total Share Capital
|
189291083
|
|
Offered to Public
|
21079384
|
|
Promoter's Holding (Pre-Issue)
|
72.32
|
|
Promoter's Holding (Post-Issue)
|
64.3
|
|
|
MORE > |
|
|
|
|
|
|
|
|
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
|
|
|
|
Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
|
|
|
|
Listed at |
|
BSE, NSE
|
|
|
|
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
|
|
|
|
Promoters |
Hitesh Chimanlal Doshi
Pankaj Chimanlal Doshi
Viren Chimanlal Doshi
Waaree Sustainable Finance Pvt Ltd
|
|