The IPO was open for subscription from October 21 to October 23, offering shares within a fixed price range of Rs 1,427-1,503 per share.

A marginal drop in Waaree Energies IPO GMP reflects market adjustments and the current premium suggests that investors are willing to pay a substantial amount above the IPO issue price to secure their shares.

GMP Date price listing subscription status review ipo news: The stocks were fetching a grey market premium of 104% in the unofficial market. This indicates a double- or triple-digit listing day gains.

Once the allotment of the Waaree Energies IPO shares is finalised, investors can check their status on the official websites of BSE, NSE, or Link Intime

The IPO was open for bidding from October 21 to October 23, with shares offered at a fixed price band of Rs 1,427-Rs 1,503 per share

The book running lead managers for Waaree Energies IPO are Axis Capital Ltd, IIFL Securities Ltd, Jefferies India Private Ltd, Nomura Financial Advisory & Securities (India) Pvt Ltd, SBI Capital Markets Ltd, Intensive Fiscal Services Private Ltd and ITI Capital Ltd.

The unlisted shares of Waaree Energies continue to command a solid premium in the grey market, reflecting favourable market sentiments for the public issue

Waaree Energies is selling its shares in the price band of Rs 1427--1,503 apiece. Investors can apply for a minimum of nine shares and its multiples thereafter.

The demand was led by a strong response from non-institutional investors (NIIs) along with a solid show by the retail investors.

Waaree Energies IPO closes with strong response, priced at ₹1,427-1,503, raising funds for manufacturing facility in Odisha.