The price band for the Waaree Energies IPO was set between Rs 1,427 and Rs 1,503 per share.

Waaree Energies shines on D-Street debut, lists at 70% premium

Waaree Energies share price: Shares of Waaree Energies opened at Rs 2,550, a premium of 69.66% over its issue price of Rs 1,503 on the Bombay Stock Exchange (BSE)

by · India Today

Waaree Energies made a strong debut at the stock exchanges on Monday, listing at a premium of 70%. Shares of Waaree Energies opened at Rs 2,550, a premium of 69.66% over its issue price of Rs 1,503 on the Bombay Stock Exchange (BSE).

On the National Stock Exchange (NSE), the stock also debuted with a 66.33% premium, opening at Rs 2,500 compared to the issue price.

Waaree Energies is India’s largest manufacturer and exporter of solar modules having a capacity of 13.3GW, which grew 6x in just three years from 2GW in FY21. It has a market share of 21% in India and a healthy 44% share in exports of solar modules from India.