Waaree Energies Ltd.
Industry:
Electric Equipment
Issue Details
Open Date
21 Oct 2024Close Date
23 Oct 2024Size (in Crs.)
3168.23
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-76Lot Size
9
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Part finance the cost of establishing the 6GW of Ingot Wafer, Solar Cell and Solar PV Module manufacturing facility in Odisha, India (“Project”).2. General corporate purposes.
Description
We are the largest manufacturer of solar PV modules in India with the largest aggregate installed capacity of 12GW, as of June 30, 2023. (Source: CRISIL Report) For Fiscal 2023, we had the second best operating incomeamong all the domestic solar PV module manufacturers in India. (Source: CRISIL Report) We commencedoperations in 2007 focusing on solar PV module manufacturing with an aim to provide quality, cost-effectivesustainable energy solutions across markets, and aid in reducing carbon foot-print paving th... Show More
Address
602, 6th Floor, Western Edge - I , Western Express Highway , Borivali (East)
Mumbai
400066
Promoter Holding
Promoters:
Hitesh Chimanlal Doshi, Pankaj Chimanlal Doshi, Viren Chimanlal Doshi, Waaree Sustainable Finance Pvt Ltd
Total Share Capital
189291083
Offered to Public
21079384
% Promoter's Holding (Pre-Issue)
72.32
% Promoter's Holding (Post-Issue)
64.3
Shares on offer
Total Share Offer
189291083
Of above offred to public
21079384
Post Issue shares
NA
Post Issue Promoters
64.3
Lead Managers to the Issue:
Axis Capital Ltd., IIFL Securities Ltd., Intensive Fiscal Services Pvt Ltd, ITI Capital Ltd., Jefferies India Pvt Ltd., Nomura Financial Advisory & Securities (India) Pvt Ltd., SBI Capital Markets Ltd
Registrar Details
Registrar Name:
MUFG Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
+91 810 811 8484
Website
https://in.mpms.mufg.com/
Fax
91-022-49186060