Waaree Energies IPO allotment not yet finalised: Applicants await status check online on Link Intime India, NSE; step-by-step guide

By Upstox News Desk

3 min read | Updated on October 25, 2024, 11:52 IST

SUMMARY

Waaree Energies IPO allotment status yet to be finalised: During the three-day bidding period, the initial public offering was subscribed 76.34 times, receiving record applications at 97.34 lakh, outperforming Bajaj Housing Finance Ltd and Tata Technologies Ltd, which got 90 lakh and 73 lakh applications, respectively.

Waaree-energies-ipo-allotment-status-gmp-listing-date-.webp

Waaree Energies is the largest manufacturer of solar PV modules in India.

Waaree Energies IPO allotment status update

The share allotment status of Waaree Energies IPO has been finalised. Please check the latest updated story HERE.

Waaree Energies IPO allotment status: The share allotment status of Waaree Energies Ltd is yet to be finalised. It was expected to be finalised on Thursday. Investors who applied for the public offer can check status online (once it is finalised) on the official websites of registrar Link Intime India Private Limited, the NSE, and the BSE.

During the October 21 to 24 bidding period, the initial share sale was subscribed 76.34 times, receiving record applications at 97.34 lakh, outperforming Bajaj Housing Finance Ltd and Tata Technologies Ltd, which got 90 lakh and 73 lakh applications, respectively.

Qualified institutional buyers (QIBs) bid the most, subscribing 208.63 times the part set aside for them. The NIIs or non-institutional investors portion subscribed 62.48 times, while the retail investors portion fetched 10.79 times subscription.

Waaree Energies IPO allotment: How to check status online on NSE

Go to the IPO allotment page of NSE at www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
Registered users can log in using username and password. New users will need to sign up.
Select 'Waaree Energies Ltd'
Verify PAN and enter your IPO application number
Click on the 'submit'. The allotment status will be displayed on the screen.

Investors can also check Waaree Energies IPO allotment status on the official website of BSE.

Waaree Energies IPO: A deep dive

Waaree Energies IPO allotment: Steps to check status online on Link Intime India

Visit Link Intime India's allotment status portal: https://linkintime.co.in/Initial_Offer/public-issues.html
From the drop-down menu, pick 'Waaree Energies.'
Enter either your application number, DP/Client ID, PAN, or account number/IFSC
Click on the 'submit'.

Waaree Energies IPO: Listing and allotment date

Waaree Energies shares will be credited to the Demat accounts of successful investors on Friday, October 25. Refunds will be initiated on the same day for investors who did not receive allotment. Shares of Waaree Energies will list on Monday, October 28.

The ₹4,321.44 crore public offer, with a price range of ₹1,427 to ₹1,503 per share, consisted of a new offering amounting to ₹3,600 crore and an offer-for-sale (OFS) valued ₹721.44 crore. The fresh issue proceeds will be used to set up a 6 gigawatt ingot wafer, solar cell & solar PV module manufacturing plant and serve general corporate purposes.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

About The Author

Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: compliance@upstox.com | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi - 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit Lalan. Tel No.: (022) 24229920. Email ID: compliance@rksv.in | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi - 110001. Correspondence Address: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (West), Mumbai - 400013. | For any complaints, email at complaints@upstox.com and complaints.mcx@upstox.com.

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES include: Name, PAN, Address, Mobile Number, and E-mail ID. Benefits include effective communication and speedy redressal of grievances. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI, along with our Terms of Use and Privacy Policy.

Upstox Securities Private Limited is a wholly owned subsidiary of RKSV Securities India Private Limited and RKSV Commodities India Private Limited is an associate of RKSV Securities India Private Limited.

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.
*Brokerage will not exceed the SEBI prescribed limit.

Risk disclosures on derivatives -

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Mutual Funds: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.
These are not Exchange traded products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism.

Attention Investors: As per NSE circular dated July 6, 2022, BSE circular dated July 6, 2022, MCX circular dated July 11, 2022 investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. Investors are further cautioned to avoid practices like:
a) Sharing i) trading credentials – login id & passwords including OTP’s., ii) trading strategies, iii) position details.
b) Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
c) Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks
d) Dealing in unsolicited tips through like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
e) Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.

Kindly, read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets : Advisory Guidelines For Investors

Kindly, read the advisory as prescribed by the Exchange with reference to their circular dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: KYC Updation

Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from CDSL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Upstox or RKSV and offering such services, please send us an email at complaints@upstox.com and complaints.mcx@upstox.com.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account. Stockbrokers can accept securities as margin from their clients only by way of a pledge in the depository system w.e.f. 1st September 2020.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number to create a pledge.
Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL/CDSL every month.

Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies. https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the-indian-securities-market_74794.html ODR portal for Investors - https://smartodr.in/login

Waaree Energies IPO allotment not yet finalised: Applicants await status check online on Link Intime India, NSE; step-by-step guide

Waaree Energies IPO allotment: How to check status online on NSE

Waaree Energies IPO allotment: Steps to check status online on Link Intime India

Waaree Energies IPO: Listing and allotment date

NIFTY, SENSEX tumble over 0.5%; investors lose nearly ₹3 lakh crore: Factors behind today’s sell-off

PSU bank stocks tumble after Gautam Adani indicted in US on bribery and fraud charges

Mid-market session: Benchmark indices sink in deep red; Adani group stocks fall upto 20%

C2C Advanced Systems IPO: Check price band, lot size, objectives, allotment and listing date

Trade setup: NIFTY50 loses critical support!

Trade setup for 14 Nov: Critical test for NIFTY50!