Waaree Energies Ltd.
Issue Open Date 21-Oct-24  
Issue Closing Date 23-Oct-24  
Application Money 100  
Allotment Money  
Price Band () 1427 - 1503  
Minimum Bid Quantity. 9  
Issue Size (Shares) 21079384  
Market Lot 1  
Objective

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.

Business 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 provi...

Promoter's Holding
Total Share Capital   189291083  
Offered to Public   21079384  
Promoter's Holding (Pre-Issue)   72.32  
Promoter's Holding (Post-Issue)   64.3  
Address
Address :602
6th Floor
Western Edge - I
Western Express Highway
Borivali (East)
City :Mumbai, State :Maharashtra Pincode :400066 Phone :022-66444444 Email : investorrelations@waaree.com Website : www.waaree.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
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
Promoters
Hitesh Chimanlal Doshi
Pankaj Chimanlal Doshi
Viren Chimanlal Doshi
Waaree Sustainable Finance Pvt Ltd

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