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
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| 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.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 21-Oct-24 |
23-Oct-24 |
1503.00-0.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
9
Further Multiples of :
9
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| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
3472.70 |
Axis Capital Ltd
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| Project Financed through Current Offer |
4321.44 |
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| Post Issue Equity Share Capital |
287.28 |
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| Issue Price |
1503.00 |
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