Common investors are waiting for Wari Energies IPO allotment. But a big news has come. The news is that the IPO has received tremendous response. Bids of Rs 2.41 lakh crore have come. This is the biggest record till date. At the same time, about 97.34 lakh people have applied for the IPO. Due to this, it has become the IPO with the highest participation till date. But now the matter of tension is that how many people will get its allotment?

First let us tell you that Waaree Energies IPO GMP- Its GMP i.e. grey market premium is currently 104 percent. A profit of Rs 1,503 per share. That is, the listing can happen at a price of Rs 3,061.

That is why experts say that only 11.5 lakh investors will get shares. This is because the portion for retail investors was subscribed 10.79 times. Therefore the maximum allocation can be nine shares. 1.03 crore shares were set aside for retail investors, and each of them was required to be allotted a minimum of nine shares, so the maximum number of investors who can get shares is 11.5 lakh. The retail segment received more than 88 lakh applications. This means that one out of every eight applications will get a minimum lot of nine shares. (Waaree Energies IPO: Know at what price and when will the listing take place - all records broken - this has not happened till date) Excluding the anchor investor portion of Rs 1,276.93 crore, at a size of Rs 4,321 crore, the QIB portion was subscribed 208.63 times. Allotment for this segment is done on a proportionate basis. The small NII portion was subscribed 50.85 times, and even there, not everyone will get shares of Waaree Energies. This segment received 4.99 lakh applications. Only less than 11,000 applications will get the minimum lot for this segment. This means that one out of 45 applications will get the minimum allotment, i.e. shares worth Rs 2 lakh. The large NII segment was subscribed 68.30 times. This segment received 2.71 lakh applications. Here, if the bankers and the company decide to allot shares worth at least Rs 2 lakh, a maximum of 21,900 applications will get allotment. As per the rules, even though the minimum subscription amount in the large NII category is Rs 10 lakh, in case of oversubscription, shares worth Rs 2 lakh can be allotted. Note- What is IPO? Know the answer to every question in simple words- Initial Public Offering, also known as IPO in short, is a process through which a company decides to sell its shares to the public in the stock market for the first time. It is like the company is allowing common people like you and me to own some part of that company. When a company wants to grow its business, it often needs a lot of funds. In such a situation, instead of borrowing money from a bank or other source, the company can offer to sell individual and institutional investors ownership stakes, called shares or stocks.