Waaree Energies Unlisted Shares
Waaree Energies Shares allotment likely today; here's how to check status online
money control
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Waaree Energies IPO Sees 76.34 Times Subscription; Share Allotment Expected Today.
Expert Analysis:
Record-Breaking IPO Subscription: Waaree Energies' IPO received applications worth ₹97.34 lakh, attracting over ₹2.41 lakh crore in subscriptions and achieving 76.34 times oversubscription during its three-day share sale.
Subscription Details: Priced between ₹1,427-₹1,503 per share, it saw bids for 160 crore shares against 2.10 crore on offer.
Initial Strong Demand: The initial grey market premium (GMP) suggested over 100% potential listing gains for Waaree Energies' shares, reflecting strong demand among investors.
Recent Market Adjustment: The GMP has recently eased to ₹1,370 - ₹1,375, indicating a slight market adjustment; however, projected listing gains remain robust at over 90%.
Share Allotment Information: Waaree Energies' IPO allotment date is today. To check the share allotment status, visit Link Intime and follow the provided steps.
Waaree Energies' IPO saw 76.34 times subscription, showing strong Record-breaking demand.
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