The IPO of Waaree Energies is set to close for subscription today, following a strong showing on Day 2.
As of approximately 11:27 AM on Tuesday, the public issue has garnered significant interest, with bids totaling 10,80,25,128 shares against the 2,10,79,384 shares available, resulting in an oversubscription rate of 5.22 times.
In a notable event, Network 18 Group Editor-in-Chief MD Rahul Joshi and NSE CEO Ashish Chauhan rang the opening bell, marking a significant milestone for the company.
Investors are closely monitoring the developments surrounding this IPO, reflecting a robust demand in the market.