Waaree Energies IPO GMP Today
The Waaree Energies IPO GMP is ₹1,295 (+86.2% over the upper price band of ₹1,503) as of 28 Oct 2024, giving an estimated listing price of ₹2,798 per share. On a minimum application of 9 shares, that is an estimated gain of ₹11,655. GMP has fallen by ₹250 since tracking began on 16 Oct.
Last updated
- Issue Price
- ₹1,503
- GMP
- ₹1,295
- GMP %
- +86.2%
- Est. listing
- ₹2,798
- Est. gain / application
- +₹11,655
Waaree Energies IPO GMP trend
Tracked for 14 days. High ₹1,590 on 24 Oct, low ₹1,225 on 26 Oct.
Waaree Energies IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (9 sh) |
|---|---|---|---|---|---|
| (latest) | ₹1,295 | +₹20 | 86.16% | ₹2,798 | +₹11,655 |
| ₹1,275 | +₹50 | 84.83% | ₹2,778 | +₹11,475 | |
| ₹1,225 | -₹95 | 81.50% | ₹2,728 | +₹11,025 | |
| ₹1,320 | -₹270 | 87.82% | ₹2,823 | +₹11,880 | |
| ₹1,590 | +₹30 | 105.79% | ₹3,093 | +₹14,310 | |
| ₹1,560 | +₹185 | 103.79% | ₹3,063 | +₹14,040 | |
| ₹1,375 | -₹125 | 91.48% | ₹2,878 | +₹12,375 | |
| ₹1,500 | -₹10 | 99.80% | ₹3,003 | +₹13,500 | |
| ₹1,510 | +₹40 | 100.47% | ₹3,013 | +₹13,590 | |
| ₹1,470 | +₹45 | 97.80% | ₹2,973 | +₹13,230 | |
| ₹1,425 | +₹95 | 94.81% | ₹2,928 | +₹12,825 | |
| ₹1,330 | +₹50 | 88.49% | ₹2,833 | +₹11,970 | |
| ₹1,280 | -₹265 | 85.16% | ₹2,783 | +₹11,520 | |
| ₹1,545 | — | 102.79% | ₹3,048 | +₹13,905 |
Est. listing = upper price band (₹1,503) + GMP. Est. gain = GMP × 9 shares (1 lot, the minimum application).
Waaree Energies IPO subscription status
| QIB | 208.63x |
|---|---|
| bNII | 68.30x |
| sNII | 50.85x |
| Retail | 10.79x |
| Total | 76.34x |
Reading the Waaree Energies IPO GMP
The grey market premium is the price above the issue price at which Waaree Energies IPO shares are informally traded before listing. A GMP of ₹1,295 on an upper band of ₹1,503 suggests the shares could open around ₹2,798, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
Waaree Energies IPO GMP: FAQs
- What is Waaree Energies IPO GMP today?
- The latest grey market premium (GMP) for the Waaree Energies IPO is ₹1,295 as of 28 October 2024, which is 86.16% over the upper price band of ₹1,503.
- What is the expected listing price of Waaree Energies IPO?
- Based on the current GMP, the estimated listing price of Waaree Energies IPO is ₹2,798 per share (₹1,503 issue price + ₹1,295 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Waaree Energies IPO?
- The lot size is 9 shares. The minimum application is 1 lot, which costs ₹13,527 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.