Once the allotment of the Waaree Energies IPO shares is finalised, investors can check their status on the official websites of BSE, NSE, or Link Intime

Waaree Energies' Rs 4,321.44 crore IPO, which closed on October 23, 2024, was oversubscribed 79.44 times, with strong demand from retail, QIB, and NII categories. The IPO price band was set at Rs 1,427–1,

The IPO allotment status of Waaree Energies will likely to declared today. The three-day Waaree Energies IPO subscription closed on Wednesday (October 23).Waaree Energies, incorporated in 1990, is the country's largest solar panel manufacturer.

The book running lead managers for Waaree Energies IPO are Axis Capital Ltd, IIFL Securities Ltd, Jefferies India Private Ltd, Nomura Financial Advisory & Securities (India) Pvt Ltd, SBI Capital Markets Ltd, Intensive Fiscal Services Private Ltd and ITI Capital Ltd.

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.

Investors can check their allotment status online. They can log in to either the BSE website or the website of Link Intime India Private Ltd, the registrar for the issue.

Investors can check the Waaree Energies IPO allotment status on the official website of the registrar for the IPO, Link Intime India Pvt. Ltd. and on the BSE website.

Waaree Energies IPO price band has been set at ₹1,427 to ₹1,503 per share. At the upper-end of the price band, the company plans to raise ₹4,321.44 crore from the book-built issue.

A marginal drop in Waaree Energies IPO GMP reflects market adjustments and the current premium suggests that investors are willing to pay a substantial amount above the IPO issue price to secure their shares.

The demand was led by a strong response from non-institutional investors (NIIs) along with a solid show by the retail investors.

At 97.34 lakh, Waaree Energies IPO has received the highest number of applications in the history of IPOs, beating the record set by Tata Tech and Bajaj Housing Finance IPOs.