The Waaree Energies IPO Allotment Status is the most-awaited update for all investors who applied to subscribe to the public issue of Waaree Energies Limited. If you were among the thousands of market participants who put in their bids, you must know how to check whether you’ve received an allotment of shares — and how to interpret what comes next. This article gives you a detailed, human-friendly explanation of how to check your allotment status online, along with important context around the IPO itself.
Introduction: Why Allotment Status Matters
When a company launches an Initial Public Offering (IPO), it opens an opportunity for public investors to buy equity before the stocks are listed on the exchange. Once the IPO subscription period ends, the company begins the allotment process, where shares are distributed to applicants. The Waaree Energies IPO Allotment Status tells you whether you have been allotted shares, and if not, when your funds will be refunded.
Since Waaree Energies’ IPO saw heavy demand from investors, checking your allotment status became an emotional experience for many bidders — a mix of hope, anticipation, and excitement.
Waaree Energies IPO at a Glance
Before we dive into the allotment status and how to check it, let’s briefly recap the IPO details to refresh your memory:
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Company: Waaree Energies Limited
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IPO Open: October 21, 2024
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IPO Close: October 23, 2024
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Price Band: ₹1,427 to ₹1,503 per share
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Lot Size: Minimum of 9 shares per application
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Total Issue Size: Approx. ₹4,321.44 crore
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Listing Date: October 28, 2024 (shares listed on BSE & NSE)
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Basis of Allotment: October 24, 2024
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Registrar: Link Intime India Private Ltd.
This IPO was one of the standout issues of its time, receiving robust subscription levels across investor categories, including qualified institutional buyers (QIBs), non-institutional investors (NIIs), and retail participants.
What Is Allotment Status?
The IPO allotment status is a confirmation showing whether or not you were allotted shares in the IPO. If shares are allotted to you:
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You will find the number of shares credited to your Demat account.
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The corresponding amount payable for the shares will be debited from your bank account (or your application amount will adjust accordingly).
If no shares are allotted to you, your application amount will be refunded or released from hold (if it was blocked through UPI/net banking mandate).
How to Check Waaree Energies IPO Allotment Status Online
There are several safe methods to check your allotment status online. The most reliable are the Registrar’s website and the Stock Exchange portal:
1. Check on the Registrar’s Website
Link Intime India Pvt Ltd is the official registrar for this IPO. Follow these steps:
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Visit the Link Intime IPO allotment page:
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Select the “Waaree Energies IPO” from the dropdown.
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Enter your Application Number, PAN, DP/Client ID, or Account Number & IFSC.
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Click Submit and view your allotment status on screen.
This is often the most direct and fastest way to see the result. If there’s any delay in displaying the IPO name in the dropdown, refresh the page — as was the case for some investors when the allotment first went live.
2. Check on the BSE (Bombay Stock Exchange) Website
The BSE portal also allows you to check allotment status:
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Go to BSE’s IPO check page:
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Under Issue Type, select Equity.
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Choose Waaree Energies IPO in the issue name dropdown.
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Enter your Application Number or PAN.
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Solve the captcha and click Search to view the status.
This method is useful if the registrar’s site is temporarily unavailable or slow.
3. Through Your Bank or Demat Account
You may also check the status indirectly:
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Bank Account: If funds were debited (post allotment), it suggests shares have been allotted.
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Demat Account: Log in to check if the allotted shares are credited.
Sometimes, there may be a short delay between share credit and reflected balance — usually resolved within a day.
Common Issues Investors Faced
During the allotment period, many investors shared experiences of “Record not found” errors or delays on the registrar’s site, likely due to heavy traffic — a typical scenario for high-profile IPOs. Refreshing the browser and re-trying after some time usually helped.
Another common concern was funds being blocked longer than expected — especially when investors didn’t receive allotment — but these usually got released automatically within a few days.
After Allotment: What Happens Next?
Once the allotment status is confirmed:
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Allotted Shares: These will be credited to your Demat account — usually within one or two days after the allotment date.
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Refunds: If no shares are allotted, the blocked amount will be released or refunded to your bank account.
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Listing: The shares begin trading on the stock exchanges (BSE & NSE) on the listing date — for this IPO, that was October 28, 2024.
Final Thoughts
Checking the Waaree Energies IPO Allotment Status online is straightforward when you know where to look. Whether you’re a seasoned investor or a first-timer, the key steps — using the registrar’s site or BSE portal — will help you instantly understand your outcome. Remember:
✔ Always use accurate details (PAN/Demat ID).
✔ Be patient during heavy traffic times.
✔ If allotment isn’t visible immediately, check the next day.
Investing in IPOs can be both exciting and nerve-racking — but with the right approach, you’ll always know where your investment stands.
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