Waaree Energies IPO closed on 23 October. According to the information released on the exchange, the highest number of applications received was 97.34 lakh. This is the biggest record so far. Let us tell you that the GMP is currently Rs 1,558 per share. In this regard, the listing can happen at a price of Rs 3,061 per share. The issue price of the share is Rs 1,503 per share. The listing of the company's shares can happen on Monday i.e. 28 October 2024 at 10 am.

Waaree Energies- This is how you can check whether you got shares or not- Waaree Energies IPO: The complete process of checking allotment on BSE is given below.

>> To check the allotment of IPO of any company, first of all go to the official website of BSE https://www.bseindia.com/investors/appli_check.aspx. >> After visiting the website, you will get two options under Issue Type. You have to click on Equity in it. >> After this, the next option will come in the name of issue name. In this, you have to select the name of the issue i.e. your IPO. >> After doing all this, submit your application number in the given box. You can also enter the details of your PAN card. >> After this, click on 'Search' and the allotment status of Waaree Energies IPO will appear on your screen. WareeEnergy IPO-  The company had applied to raise Rs 4321 crore. At the same time, applications worth a total of Rs 2.43 lakh crore have been received. Total subscription sought : Rs 4321 crore Received : Rs 2.43 lakh crore In the QIB i.e.  Qualified institutional buyer portion, the company had fixed a total of Rs 877 crore. Whereas, applications worth a total of Rs 1.83 crore have been received. Rs 877 crore Received : Rs 1.83 lakh crore In the NII- Non-Institutional Investors category, the company had fixed a total of Rs 667 crore. Whereas, applications worth Rs 41600 crore have been received. Demand sought: Rs 667 crore Received: Rs 41,600 crore Retail - A total of Rs 1556 crore was kept in this category of common investors. Whereas, applications worth Rs 16800 crore have been received. Demanded: Rs 1556 crore Received: Rs 16,800 crore Employee's share demanded: Rs 68 crore Received: Rs 354 crore Note- What is IPO? Know the answer to every question in simple words- Initial Public Offering, which is called 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 as if the company is allowing common people like you and me to become owners of some part of that company. When a company wants to expand 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, which are called shares or stocks.