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Waaree Energies IPO Subscription Status

Waaree Energies IPO was subscribed 79.44 times when bidding closed on 23 Oct 2024: QIB 215.03x, NII 65.25x, Retail 11.27x.

The Waaree Energies IPO has been subscribed 79.44x times overall. Retail investors have shown interest with bids for 11.27x the shares available. The Non-Institutional Investor (NII) category has been subscribed 65.25x. Within NII, Big HNI (B-HNI) subscribed 71.32x and Small HNI (S-HNI) subscribed 53.1x. Qualified Institutional Buyers (QIBs) have subscribed 215.03x. Data last updated on 10 Nov, 11:18 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 21 Oct, 2024 and closes on 23 Oct, 2024. The shares are expected to list on stock exchanges on 28 Oct, 2024.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:18 PM
Category Bid details Times
QIB - of - - 215.03x
NII - of - - 65.25x
bHNI — bid amount above ₹10 Lakh
- - 71.32
sHNI — bid amount ₹2–10 Lakh
- - 53.1
Retail - of - - 11.27x
Employee - of - - 5.45x
TOTAL - - 79.44x
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Waaree Energies IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 11
~8.9% chance per PAN — based on 11.27x subscription. Winners get exactly 1 lot (₹13,527) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 53
~1.9% chance — based on 53.1x subscription. Lottery allots the minimum S-HNI application of 15 lots (₹2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 71
~1.4% chance — based on 71.32x subscription. Lottery allots the minimum NII application of 15 lots (₹2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
215.03x
Proportionate allotment — at 215.03x, institutions receive ~0.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 8.9% for a single lot.

Market Sentiment

Strong grey market premium of 80% suggests exceptional listing gains and high bullish sentiment among traders.

Institutional Backing

Massive institutional interest with QIBs subscribing 215.03x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
23 Oct 2024
Day 3
79.44x ▼
QIB215.03x BHNI71.32x SHNI53.1x Retail11.27x Employee5.45x
22 Oct 2024
Day 2
8.8x ▼
QIB1.73x BHNI24.83x SHNI23.43x Retail6.38x
21 Oct 2024
Day 1
3.32x ▼
QIB0.08x BHNI7.53x SHNI9.21x Retail3.17x

Waaree Energies IPO dates

From the bidding window to listing. Today is 11 November.

Key dates Listed
  1. Open 21 Oct 2024
  2. Close 23 Oct 2024
  3. Allotment 24 Oct 2024
  4. Refund/credit 25 Oct 2024
  5. Listing 28 Oct 2024

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Waaree Energies IPO?

As of IPO close date (23 Oct, 2024), the Waaree Energies IPO is subscribed 79.44x times. Retail category is 11.27x, and NII is 65.25x subscribed.

When is the allotment date for Waaree Energies IPO?

The allotment for Waaree Energies IPO is expected to be finalized on 24 October, 2024.

What is the GMP of Waaree Energies?

The Grey Market Premium (GMP) for Waaree Energies is currently ₹1200, indicating a potential listing gain of 80%.

When will Waaree Energies IPO list on the stock market?

Waaree Energies is scheduled to list on BSE and NSE on 28 October, 2024.

What are the chances of getting allotment in Waaree Energies IPO?

The retail category is oversubscribed at 11.27x, meaning allotment is by lottery. Statistically, approximately 1 in 12 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 215.03x mean for Waaree Energies IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 215.03x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Waaree Energies IPO allotment status?

After the allotment date (24 Oct, 2024), you can check your Waaree Energies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
79.44x
QIB
215.03x
NII
65.25x
bHNI
71.32x
sHNI
53.1x
Retail
11.27x
Full IPO details
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