Waaree Energies’ IPO Oversubscribed 76 Times
Qualified institutional buyers led the demand, with a subscription rate of 208.63 times
October 24, 2024
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Solar module manufacturer Waaree Energies’ ₹43.21 billion (~$513.95 million) initial public offering (IPO) garnered strong investor interest from institutional and retail buyers. At the end of the bidding window on October 23, 2024, the issue was oversubscribed 76 times.
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Arjun Joshi
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