Waaree Energies IPO allotment status out. How to check application status online | Stock Market News

Waaree Energies IPO allotment date is likely today, October 24. The company is expected to finalize the basis of share allotment after the IPO was open for subscription from October 21 to 23. Investors can check the allotment status online through the BSE and NSE websites, as well as the official portal of the IPO registrar, Link Intime India Private Ltd. The IPO received a strong response, with the issue being subscribed over 76 times, and the Qualified Institutional Buyers (QIB) portion booked 208 times. The shares are expected to be credited to demat accounts on October 25, with the listing on the BSE and NSE anticipated on October 28. The grey market premium (GMP) for Waaree Energies shares has soared over 100%, indicating strong investor interest and positive market sentiment towards the IPO.