Waaree Energies' ₹4,321-crore IPO fully subscribed within 2 hours

The ₹4,321-crore IPO of Waaree Energies was fully subscribed within two hours of opening on Monday. Non-institutional investors (NII) led the bids, subscribing their reserved portion by over 200%. The portion reserved for retail investors was subscribed 117%. Qualified Institutional Buyers' (QIBs) reserved portion is yet to be fully subscribed.