Today news
About the same in other media
Waaree Energies files draft papers for Rs 3,000-crore IPO
Reading now: 682
Waaree Energies, on Friday, filed its draft red herring prospectus (DRHP) with market regulator Sebi to raise ₹3,000 crore.
The company will issue 3.2 million shares, with major shareholder Waaree Sustainable Finance (formerly known as Mahavir Thermoequip) selling up to 2.7 million shares.
Company plans to use the IPO proceeds towards part financing the cost of establishing the 6GW ingot wafer, solar cell, and solar PV module manufacturing facility in Odisha as well as for general corporate purposes.
As of November 30, 2023, the company has an order book of 20.16 GW of solar PV modules and 3.75 GW of orders for subsidiary, Waaree Solar Americas located in US.
About this in other media
Hyundai Motor plans second plant in India, commits Rs 7000 crore investment in Maharashtra economictimes.indiatimes.com /4 months ago
Shares fall as Tesla announces increased pay for U.S. workers investing.com /4 months ago
Shares fall as Tesla announces increased pay for U.S. workers investing.com /4 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
