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.
