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Waaree Energies secures 180 MWp solar module supply order

Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.  Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025.  This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.

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Waaree Energies to launch Rs 36 billion IPO

Waaree Energies has announced its initial public offering (IPO), set to launch on October 21, 2024. The anchor investor bidding will open on October 18, and the offer will close on October 23. The IPO includes 4.8 million equity shares with a total value of Rs 36 billion. The price band is set between Rs 1,427 and Rs 1,503 per share, with a minimum bid of 9 shares.  Waaree Sustainable Finance Private Limited will offer…

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Waaree Energies gets SEBI green signal for IPO

Waaree Energies Limited, an Indian solar PV module manufacturer, has received final approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) to raise Rs 30 billion. The IPO will include a fresh issue of shares with a face value of Rs 10 per equity share, and an offer for sale (OFS) of up to 3.2 million equity shares, as outlined in its draft red herring prospectus filed in…