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Waaree Energies IPO Allotment Date & Time Revealed

You’re probably obsessively checking the calendar to find out the Waaree Energies IPO allotment date and time if you applied for shares. I understand how nerve-racking the wait can be. I’ll cover all the essential information in this tutorial, including when the allocation is announced, how the process operates, and how to check your allotment status online.

Links to IPO status updates, detailed instructions on the Link Intime portal, and answers to frequently asked questions on subscription status, Waaree Energies IPO Allotment Status, GMP, and even share price outlook will all be covered. 

Table of Contents

Overview of Waaree Energies IPO and Subscription

💰 Issue Size

₹4,321 Cr
At upper price band

🔥 Total Subscription

76.34x
Overall Demand

📅 Issue Dates

21-23 Oct 2024
Bidding Period

Subscription Breakdown

QIB (208.63x)
NII (62.48x)
Retail (10.79x)

Proceeds Allocation

Manufacturing (83%)
Corporate Purposes (17%)

Key IPO Details

Category Details
Price Band ₹1,427 - ₹1,503 per share
Fresh Issue ₹3,600 Crores
Offer for Sale ₹721.44 Crores
Applications Received 97.34 Lakh
New Capacity 6 GW in Odisha

When Is the Waaree Energies IPO Allotment Date and Time?

📅
Oct 21-23, 2024
IPO Subscription Window
Public bidding open for investors
📌
October 24, 2024
Basis of Allotment Date
Official cut-off date for share allocation
October 25, 2024
Allotment Finalization
• Shares credited to DEMAT accounts
• Refunds initiated for unsuccessful bids
• Results available post-market hours
📈
October 28, 2024
Listing Day
Trading begins on NSE & BSE

Why so fast? Exchanges and the registrar usually complete the allocation within a day or two of an IPO closing. In this instance, the "allotment date and time" event took place on October 24–25, as Waaree's initial public offering (IPO) ended on October 23. Crucially, the corporation does not pre-announce the precise moment of allocation; it just occurs, and you can thereafter view the results online. In reality, you can find out if you were given shares on October 25 at any moment after business hours.

Source: IPO Prospectus & Official Company Updates

How to Check Your Waaree Energies IPO Allotment Status (Step-by-Step)

1
🌐
Visit Registrar's Portal

Go to Link Intime IPO page:
https://linkintime.co.in/initial_offer/public-issues.html

2
📋
Select Waaree Energies

From the dropdown menu:
• Choose "Waaree Energies Limited"
• Ensure you're viewing the correct IPO

3
🔑
Enter Identification

Choose either:
Option 1: PAN Number
Option 2: Application Number
Option 3: DP ID/Client ID

4
📄
View Allotment Status

After submission, you'll see either:

Allotted: "Congratulations! X shares allotted"
Not Allotted: "No shares allotted to this application"
📌 Important Notes:
• Check status after 6 PM on Oct 25, 2024
• Refunds appear in 3-5 working days if not allotted
• Pro Tip: Use PAN for fastest verification

That's how easy it is. You can view the Waaree Energies IPO allotment status on the Link Intime website by completing the aforementioned steps. Congratulations! Your application was accepted if you receive a notification that reads "Allotted" or a number of shares. If it reads "Not Allotted," you did not receive any shares; as planned, you will receive your application fee back.

Quick Tip: Before searching, you may be asked to check a box that reads "I am not a robot." Be sure to remember to complete this verification step.

Source: Link Intime Registrar Portal & Broker Instructions

Checking on NSE or BSE (Alternate Methods)

BSE India Method

https://www.bseindia.com/investors/appli_check.aspx
  • 1️⃣ Select Issue Type = Equity
  • 2️⃣ Choose Waaree Energies Limited
  • 3️⃣ Enter PAN or Application Number
  • 🔢 Complete CAPTCHA verification
  • Click Submit to view status

NSE India Method

https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
  • 1️⃣ Select Waaree Energies from dropdown
  • 2️⃣ Choose identification type (PAN/App No)
  • 3️⃣ Enter required details
  • Click "Search" button
  • 📄 View instant status results
📌 Common Requirements:
• Valid PAN Card Number
• Application Number (if available)
• Browser with JavaScript enabled
• CAPTCHA completion (BSE only)

These stages are rather similar. Livemint actually describes the BSE procedure as follows: Choose "Waaree Energies Limited" under "Equity" as the issue type, then enter your PAN or application number, check the "captcha," and then click "Search." Either Link Intime or Exchange can be used; both produce the same outcome.

Why so many choices ? It's helpful to have a backup portal in case one is busy or slow. Additionally, these portals are occasionally referred to as "IPO status links" or "IPO application status links." Just keep in mind that they all contribute to the final allocation outcome.

Official Sources: BSEIndia.com | NSEIndia.com

Waaree Energies IPO Allotment Status and Next Steps

💸 Refund Status

  • Initiation Date 25 Oct 2024
  • Processing Time 3-5 Working Days
  • Amount Full Application Value

📈 Demat Credit

  • Credit Date 25 Oct 2024
  • Verification Check Demat Account
  • Holding Period T+2 Days Settlement

📆 Listing Timeline

  • Listing Date 28 Oct 2024
  • Exchanges NSE & BSE
  • First Trade 9:15 AM IST

🔑 Key Reminders

  • PAN Verification Mandatory for All Checks
  • Broker Notifications Check Email/SMS Alerts
  • Trading Strategy Plan Hold/Sell Before Listing
Note: All dates based on official IPO prospectus and registrar communications

Waaree Energies IPO: Subscription, GMP & 2025 Price Outlook

📊 Subscription Breakdown

QIB (208.63x)
HNI/NII (62.48x)
Retail (10.79x)
Employee (5.17x)
* Overall Subscription: 76.34x

📈 Grey Market Premium (GMP)

Pre-Listing GMP
Implied Price: ₹3,150
₹1,650
Listing Day GMP
Opening Range: ₹2,800-2,900
₹1,600
Closing Price
Day 1 High: ₹3,000+
₹3,050

🔮 2025 Price Projections

Speculative Range
₹3,500 - ₹4,000
⚠️ Important Note:
Price targets are speculative projections from market analysts,
not official company guidance or brokerage recommendations.

🏭 Fundamental Strengths

  • ✅ 12 GW Production Capacity
  • ✅ 6 GW Odisha Expansion
  • ✅ Government PLI Scheme Beneficiary

⚡ Volatility Factors

  • ⚠️ High IPO Valuation (P/E 115)
  • ⚠️ Raw Material Price Sensitivity
  • ⚠️ Policy Dependency
Analysis based on market data and analyst reports - Not investment advice

Conclusion : 🎯 Your IPO Journey Checklist

✅ Essential Verification Items

  • • PAN Card Number
  • • Application Number (if available)
  • • Demat Account Details
  • • Bank Account for Refunds
Oct 24
Allotment Date
Oct 25
Results & Refunds
Oct 28
Listing Day

💡 Pro Tips

1. Check status post 6 PM on Oct 25
2. Refresh demat account after 8 PM
3. Set price alerts for listing day

Note: This guide covers standard IPO procedures. Contact your broker for application-specific queries.

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