Waaree Energies Limited, a solar photovoltaic module manufacturer, will list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 28, 2024.

The IPO aimed to raise approximately $514.14 million and received significant investor interest, being oversubscribed 76.34 times. The qualified institutional buyers (QIBs) portion was subscribed over 208 times, while retail and non-institutional categories saw subscriptions of 10.79 and 62.48 times, respectively. Shares will be credited to investors' demat accounts on the listing date, with refunds processed for non-allottees the same day.