Waaree Energies Limited IPO | Good news is coming for IPO investors. The month of October is going to be very special for you. According to media reports, more and more IPOs are going to be listed in the Indian stock market. Today we are going to give you information about an IPO for which investors have been waiting for this IPO for a long time.
The initial public offer (IPO) of Waaree Energies Limited may come by mid-October.
Investors are eagerly waiting for Waaree Energies Limited IPO, the biggest reason behind this is that it is the parent company of Waaree Renewable Technologies, a stock market listed company.
According to media reports, the Waaree Energies Limited IPO will also have an offer-for-sale (OFS) of about 32 lakh shares. Out of this, 27 lakh shares will be sold by one of its promoters.
According to media reports, Waaree Renewable Technologies is one of the highest returning companies in the stock market in the last 5 years. Its stock has increased by more than 65000% in the last 5 years.
Waaree Energies Limited was formed in the year 2007. Waaree Energies Limited’s main focus is on manufacturing of solar PV modules. The company aims to provide high quality sustainable energy solutions at low cost to global markets, which will help in reducing carbon emissions.
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