Waaree Energies Limited IPO

Waaree Energies Limited, incorporated in December 1990, is an Indian solar PV module manufacturer with a total installed capacity of 12 GW. The company's product range includes multicrystalline, monocrystalline, and TopCon modules, featuring both flexible bifacial (Mono PERC) options and building-integrated photovoltaic (BIPV) solutions. Waaree operates four manufacturing facilities in Gujarat, India, covering 136.30 acres, located in Surat, Tumb, Nandigram, and Chikhli.

Don't have a Navia account? Sign up

The Tumb facility holds ISO 45001:2018 and ISO 14001:2015 certifications, while the Chikhli facility is certified with ISO 45001:2018, ISO 9001:2015, and ISO 14001:2015 for solar module manufacturing and supply. As of June 30, 2023, the company served 373 customers in India and 20 customers internationally, marking a decline in customer numbers over recent years. Read more

How do I apply for the Waaree Energies IPO?

You can apply for the Waaree Energies IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.