Waaree Energies IPO Allotment Status Check: Waaree Energies IPO allotment status is likely to be announced today. The three-day Waari Energy IPO closed for investments on Wednesday (October 23). Let us tell you that it is the country’s largest solar panel manufacturing company incorporated in 1990. The IPO of solar panel manufacturing Vaari Energies Limited was subscribed 76.34 times on the third and final day due to overwhelming response from institutional investors. The price band for the IPO was fixed at Rs 1,427 to Rs 1,503 per share.
What are the subscription details?
According to NSE data, bids were received for 1,60,91,61,741 shares against the offer of 2,10,79,384 shares in the Rs 4,321.44 crore IPO. The qualified institutional buyers (QIB) segment was subscribed 208.63 times while the non-institutional investors category was subscribed 62.48 times. At the same time, the category of retail investors (RII) was subscribed 10.79 times. Let us inform you that Vari Energies had raised Rs 1,277 crore from anchor investors on Friday.
Also read: Vaari Energies IPO broke the records of Bajaj, Tata and LIC Also read: ₹202 IPO was subscribed 41.54 times, signs of profit on listing
Vaari Energies IPO Registrar Link
Vaari Energies IPO allotment status will be declared online on the official website of the Registrar and BSE website. Link Intime India Private Limited is the official registrar.
Check Vaari Energies IPO Allotment Status Online
Waari Energies IPO allotment will likely be announced on Link Intime’s website – https://linkintime.co.in/initial_offer/public-issues.html and also on BSE website.
The status can be checked by just entering the PAN card number on the Link Intime website.
Waari Energies IPO allotment status will also be released on BSE website – https://www.bseindia.com/investors/appli_check.aspx.
On BSE website, Vaari Energy IPO subscribers can check allotment status by entering application number and PAN number.
wari energy ipo price today
Vaari Energies IPO GMP indicating bumper listing gains. According to Investorgain.com, its GMP has come down to Rs 1560 today. This means that the shares of the company can be listed at Rs 3063. This means that a huge profit of about 103% is possible on listing.
