Waaree Energies IPO gets record 97 lakh applications

Waaree Energies, a solar PV module manufacturer, made history with its IPO by receiving 97.34 lakh applications, surpassing Tata Tech and Bajaj Housing Finance IPO records. The IPO, oversubscribed 76 times, marks a milestone in India's market, aiming to raise ₹4,321.44 crore. Qualified Institutional Buyers (QIB) bid 208 times, showcasing massive investor interest.