IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

The company is a primary player in the sustainable energy domain. They are focused on offering cost-effective, sustainable energy solutions across markets and help reduce carbon footprint. Waaree Energies has an aggregated installed capacity of 2 GW to produce PV modules.

They are the only Indian company with an in-house laboratory accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL).

Waaree Energies IPO Objectives

• The company proposes to use the net proceeds from the sale of fresh equities to finance establishing a 2 GW solar cell manufacturing facility.

Why should you invest in the Waaree Energies IPO?

Below are your top three reasons to invest in the IPO:

  • Waaree Energies is a leading Indian industry focused on PV module manufacturing, occupying a 24% market share in total installed capacity.
  • India’s solar energy capacity is steadily rising, and the company believes in receiving support from favourable government policies in progressing its business.
  • Waaree Energies enjoys strong relationships with several Indian and global marquee customers.

Waaree Energies IPO Details

Waaree Energies IPO combines fresh equities of Rs 1350 crore and an offer for sale from existing shareholders of 4,007,500 equities. The company is involved in manufacturing PV modules for the sustainable energy segment.

IPO Financials

Know before investing


  1. India’s solar capacity will continue to grow, and the company is well-positioned to capitalize on the tailwind.

  2. They are approved under the PLI scheme, which aims to promote efficiency in manufacturing PV modules in India and lower import dependency.

  3. Waaree enjoys deep penetration in the rooftop segment through the PAN India franchise network.


  1. Future cash flow depends on the continuously increasing demand for solar energy. A decrease in order will impact profitability.

  2. Restrictions and import duties levied on the material and equipment required for production will impact future cash flow.

  3. The company’s performance depends on continuous support from government policies, and changes in regulations in the future will impact its returns on capital.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Waaree Energies IPO FAQs

What is Waaree Energies IPO?

Waaree Energies IPO will be a combination of fresh issues of Rs 1350 crore and OFS of 4,007,500 equity shares, each worth Rs 2501.9 crore.

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.

How to check the allotment status of Waaree Energies IPO?

Angel One investors can log in to their account to check the allotment status of Waaree Energies IPO.

What is the size of Waaree Energies IPO?

Details are not available.

How will I receive shares?

Your shares will get credited directly to your Demat account.

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.

How to apply for this Waaree Energies IPO via the Angel One App?

To apply for the IPO from the Angel One app, search for Waaree Energies in the active IPO list and click on apply.

What is the minimum order quantity for Waaree Energies IPO?

Details are not available.