Waaree Energies IPO day 1: GMP, price, subscription status, review, other details. Apply or not?

Waaree Energies Limited's initial public offering (IPO) opened for bidding today, October21,2024, and will remain available until October23,2024. The IPO is priced between ₹1,427 and ₹1,503 per share, aiming to raise ₹4,321.44 crore, with ₹3,600 crore from fresh shares and ₹721.44 crore from offers for sale (OFS). On the first day, the IPO has been subscribed0.57 times overall, with the retail portion at0.61 times and the non-institutional investor segment at1.25 times. The grey market shows strong demand, with shares trading at a premium of ₹1,473.

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