| Waaree Energies Ltd |
|
|
Registered Office:
602 6th Floor Western Edge-I,Western Exp.Highway Borivali(E
,
Mumbai
-
400066
,
Maharashtra
, India.
Phone :
91-22-6644 4444
Fax :
Email : investorrelations@waaree.com
Website : www.waaree.com |
|
| Initial public offering of 28,752,095 equity shares of face value of Rs. 10 each of the company ("Equity Shares") for cash at a price of Rs. 1,503 per equity share (including a share premium of Rs. 1,493 per equity share) ("Offer Price") aggregating to Rs. 4321.44 crores (the "Offer") comprises a fresh issue of 23,952,095 equity shares aggregating to Rs. 3600.00 crores ("Fresh Issue") and an offer for sale of 4,800,000 equity shares ("Offered Shares") aggregating to Rs. 721.44 crores comprising 4,350,000 equity shares by Waaree Sustainable Finance Private Limited aggregating to
Rs. 653.81 crores ("Promoter Selling Shareholder") and 450,000 equity shares by Chandurkar Investments Private Limited aggregating to Rs. 67.64 crores ("Other Selling Shareholder" and together with the promoter selling shareholder, the "Selling Shareholders", and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer included a reservation of 432,468 equity shares aggregating to Rs. 65.00 crores, for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 10.01% and 9.86% of the post-offer paid up equity share capital of the company, respectively.
The face value of the equity share is Rs. 10 each. The offer price is 150.30 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application |
| 21-Oct-24 |
23-Oct-24 |
₹ 1,503.00 |
₹ 1,503.00 |
| Minimum Application for shares in Nos :9 Further Multiples of :9 |
| |
|
Lead Managers to the Issue |
| Project Cost |
₹ 3472.70 Cr |
| Axis Capital Ltd | | IIFL Securities Ltd | | Intensive Fiscal Services Pvt Ltd | | ITI Capital Ltd | | Jefferies India Pvt Ltd | | Nomura Financial Advisory & Securities (India) P L | | SBI Capital Markets Ltd |
|
| Project Financed through Current Offer |
₹ 4321.44 Cr |
|
| Post Issue Equity Share Capital |
₹ 287.28 Cr |
|
| Face Value |
₹ 10 |
|
|