The Waaree Energies IPO Date Will Be Updated Soon .
The Waaree Energies IPO consists of new shares for Rs 1350 crore and a 4,007,500 share offer from existing shareholders. The company manufactures solar PV modules for the renewable energy industry.
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Key Details Of Waaree Energies IPO:
Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
₹0
Waaree Energies IPO GMP
The Waaree Energies IPO GMP Today is ₹0.
Waaree Energies IPO Overview
The company is one of the biggest contributors when it comes to renewables energy sector. The solutions they provide are directed towards medium and long term, cost-effective, and green energy solutions that could keep the carbon footprints low and clean. In the overall, Waaree Energies’ fully functional capacity to make the PV modules is up to 2 GW.
From the day of its establishment, that is NABL, it is the first of its kind of organization in India to have accredited its own lab. The business intends to utilize the net revenues from the issuance of new stock to fund the construction of a 2 GW solar cell manufacturing plant.
Waaree Energies IPO Financials
| Particulars (in Rs. Crores) | FY21 | FY20 | FY19 |
| Revenue | 195.28 | 199.58 | 159.10 |
| EBITDA | 12.54 | 11.78 | 16.54 |
| PAT | 4.92 | 4.17 | 8.23 |
| EPS (basic in Rs.) | 2.5 | 2.12 | 4.18 |
| ROE | 14.28% | 14.01% | 32.11% |
| ROCE | 18.43% | 22.71% | 23.23% |
Waaree Energies IPO Peer Comparison
| Particulars (in Rs. Crores) | FY21 | FY20 | FY19 |
| Total Assets | 128.05 | 93.83 | 81.86 |
| Share Capital | 19.71 | 19.71 | 19.71 |
| Total Borrowings | 28.96 | 12.56 | 10.70 |
Company Profile
Waaree Energies Ltd., the footprint of Waaree Group since 1989, is main business house at Mumbai. Waaree Energy is the present and fast growing vertically integrated new emerging conglomerate whose expertise in installing photovoltaic solar systems are unparalleled.
It comprises Indian’s one of highest 12GW solar panel production capacity among numerous other headquartered units located at Chikhli, Surat and Umbergaon in Gujarat state. It takes top position in EPC services construction, project development, solar rooftop solutions, solar inverters, and solar water pumps business. It is having power independent producer on the other side. We make present by having over 388 sites in India itself as well as 20 countries around the globe. Since its inception, the enterprise has already offered over 6 GW of solar modules and finished 1+GW of solar plant construction.
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Waaree Energies FAQs
When will the Waaree Energies IPO allotment be available?
Details are not available.
What will be the Waaree Energies IPO lot size?
Details are not available.
When will Waaree Energies IPO open for subscription?
Details are not available.
What minimum lot size can retail investors subscribe to?
The minimum investment size is one lot for retail investors.
When is the Waaree Energies IPO listing date?
Details are not available. Usually, it takes ten working days from the last day of subscription to finally list the IPOs on the stock exchanges.
Is it necessary to approve a UPI mandate request immediately?
Approving the UPI payment is the final step of the IPO application. You will get T+1 days to approve the payment mandate in your UPI handle.
What is the minimum order quantity for Waaree Energies IPO?
Details are not available.
