Waaree Energies Ltd, a leading solar PV modules manufacturer, has witnessed overwhelming demand for its IPO, which closed for subscription between October 21 and 23. The IPO received an unprecedented number of applications, setting a record. The allotment of shares is expected to be finalized today, October 25.
Applicants who are eagerly waiting for the share allotment can check their status on both the BSE website and Link Intime’s IPO registrar page.
How to check Waaree Energies IPO allotment status on BSE:
- Visit the BSE website.
- Select ‘Equity’ under the Issue Type.
- Choose ‘Waaree Energies Limited’ from the dropdown in the Issue Name field.
- Enter your Application No. or PAN.
- Verify with the CAPTCHA and click ‘Search’ to see your allotment status.
How to check on Link Intime:
- Visit Link Intime’s website at link.
- Select ‘Waaree Energies Limited’ from the dropdown in the Select Company field.
- Input details such as PAN, Application No., or DP ID.
- Click on Search to check your allotment status.
The company will credit the allotted shares to the demat accounts of successful applicants on the same day, while refunds to unsuccessful bidders will also be initiated today.
Waaree Energies IPO Grey Market Premium (GMP):
As per the latest grey market trends, Waaree Energies shares are trading at a premium of ₹1,558 per share over their issue price of ₹1,503, signaling a potential listing at ₹3,061 per share—a 104% premium.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
