Sat Oct 26 01:47:01 UTC 2024: ### Waaree Energies IPO Allotment Status Summary
– **Company Overview**: Waaree Energies, a leading company in the solar energy sector, recently launched its Initial Public Offering (IPO).
– **Investor Response**: The IPO received an overwhelming response from investors, breaking several records.
– **Allotment Status Update**: The allotment status has been released, but there were delays in updating due to a record number of applications.
– **IPO Price Range**: Shares were priced between ₹1,427 and ₹1,503.
– **Listing Date**: The IPO is set to list on October 28, 2024.
– **How to Check Allotment Status**: Investors can check their allotment status through:
– **BSE Website**: By selecting the company name and entering the application number or PAN number.
– **Link Intime India**: By selecting Waaree Energies IPO and entering PAN details.
– **Subscription Figures**: The IPO was subscribed 76.34 times overall, with institutional segments showing significant interest:
– Qualified Institutional Buyers (QIB): 208.6 times
– Non-Institutional Investors (NII): 62.5 times
– Retail Investors: 10.8 times
– Employees: 5.17 times
– **Record Applications**: A total of 97.34 lakh applications were received, a new record for IPOs, surpassing previous records set by Bajaj Housing Finance and LIC.
– **Retail Interest**: The IPO received the second-highest number of bids in the retail category after Bajaj Housing Finance, with retail bids totaling ₹16,787 crore.
This IPO has created significant excitement in the market, reflecting strong investor confidence in Waaree Energies.