Waaree Energies Unlisted Shares

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Waaree Energies Unlisted Shares

 Waaree Energies Unlisted Shares Details

NameWaaree Energies Limited
SectorRenewable Energy
Security TypeUnlisted/ Pre-IPO Equity Shares
Face Value₹ 10
ISIN CodeINE377N01017
Available in DepositoryCDSL & NSDL
Waaree Energies Unlisted Share PriceUnavailable currently
Lot Size50 Shares
Minimum Investment₹ 100000-110000
All-Time High₹ 2200
All-Time Low₹ 790
Highlights- India's leading solar panel manufacturer
PANAAACA4043J
*Rates and lot size mentioned above for Waaree Energies Unlisted Shares are indicative and subject-to change. Kindly check the latest rates of Waaree Energies Unlisted Shares with us.

 About Company:

Waaree Energies is one of the major players in the solar energy industry in India focused on PV module manufacturing, with an aggregate installed capacity of 2 GW as of March 31, 2021. Waaree Energies had a market share of 24% out of total enlisted capacity as per the Approved List of Models and Manufacturers (ALMM) for solar PV module manufacturing in India.

Waaree Energies currently operates three manufacturing facilities comprising four factories in India: at Surat (“Surat Facility”), Tumb (“Tumb Facility”) and Nandigram (“Nandigram Facility”) in Gujarat, India. Waaree Energies are also in the process of setting up another manufacturing facility at Chikhli (“Chikhli Facility”) in Gujarat, India where Waaree Energies are implementing their capacity expansion plans for PV modules as well as setting up of facilities for backward integration into solar cell manufacturing.

Waaree Energies have over the years developed longstanding relationships with a marquee customer base. Some of their key clients or customers in the domestic utility and enterprise segment include ReNew Power, ACME, Hero Solar, Mahindra Susten, Essel Infra, AMP Energy, Sukhbir Agro Energy, Solarworld Energy, Rays Power Infra.

Waaree Energies have successfully developed a diverse customer base globally, including customers in the United States, Canada, Italy, Turkey and Vietnam. Key international clients include Central 40 and Novel Energy.

Waaree Energies have a pan-India franchisee network focused on the rooftop and MSME customer segments. As of March 31,2019, 2020, and 2021, thier franchisee network consisted of 260, 315 and 355 franchisees, respectively, while as of June 30, 2021, Waaree Energies had 388 franchisees across India.

Waaree Energies – Manufacturing Facility

Waaree Energies Unlisted Shares - Manufacturing Facility
Image Source: Waaree Energies Annual Report FY2022-23

Waaree Energies: Strategic Overview

Waaree Energies Unlisted Shares
Source: Waaree Energies Annual Report FY2022-23

Waaree Energies Strategic Overview:

  • Growth Story:

    • Manufacturing Expansion: Waaree Energies started with a module manufacturing capacity of 30 MW in 2007.
    • Rapid Growth: Over the years, the company has witnessed remarkable growth, increasing its manufacturing capacity to an impressive 12,000 MW.
  • Order Book:

    • Strong Financial Position: As of March 31, 2023, Waaree Energies holds an order book worth Rs.4,31,129.40 million.
    • Revenue Visibility: This substantial order book enhances the company’s revenue visibility for the next two years, indicating a positive financial outlook.
  • Make in India:
    • Global Sourcing Strategy: Waaree Energies has strategically planned for a majority of its sourcing to be non-Chinese by FY 2023-24, positioning itself as a reliable and highly sought-after global supplier.
  • Global Accreditation:
    • Extensive Certifications: Waaree Energies boasts an impressive portfolio of over 40 global certifications, bolstering its global credibility and competitive edge.
  • Backward Integration:
    • Investment in Manufacturing: Waaree Energies has invested in a 5.4 GW cell manufacturing plant, scheduled to begin operations in FY 2023-24.
  • Seasoned Promoter:
    • Promoter Expertise: The promoter of Waaree Energies possesses over two decades of invaluable experience in the global solar energy sector, playing a pivotal role in the company’s achievements.
  • Superior Technology:
    • Topcon Technology: A significant portion of Waaree Energies’ production capacity is based on advanced Topcon technology, ensuring the company’s future-proofing in the industry.
  • Production-Linked Incentive (PLI):
    • Government Support: Waaree Energies received the PLI, enabling the establishment of a 6 GW ingot-to-module manufacturing capacity and expanding its value chain.
  • Financial Stability:
    • Solid Financial Metrics: As of March 31, 2023, Waaree Energies maintains strong financial stability with a net debt-to-EBITDA ratio of -5.52 and a low gearing ratio of 0.15, indicating ample financial liquidity.
  • Diverse Deployment:
    • Three Key Segments: Waaree Energies operates across three diverse segments: Independent Power Producer (IPP), Commercial and Industrial (C&I), and Retail & Agri solar solutions.
  • Energy Transition:
    • Expansion into Green Hydrogen: Waaree Energies is expanding into emerging sectors, including green hydrogen electrolyser production, considered the next frontier in the energy industry.
  • Robust Financials:
    • Impressive Revenue Growth: Waaree Energies has witnessed a remarkable 51.21% revenue growth over the last three years, substantiating the strength of its business model.

Waaree Energies Financial Metrics:
Waaree Energies Unlisted Shares - Revenue Mix

Waaree Energies Unlisted Shares - Financial Ratios
Waaree Energies Unlisted Shares - Financial RatiosImage Source: Waaree Energies Annual Report FY2022-23

Waaree Energies Products:

PV Modules:
Waaree Energies Unlisted Shares Waaree Energies Unlisted Shares Waaree Energies Unlisted Shares

Inverter:
Waaree Energies Unlisted Shares

Solar Products:
Waaree Energies Unlisted Shares

 Waaree Energies Financials

Financial in Millions unless specifically mentioned
ParticularsFY 2022-23FY 2021-22
Income
(a) Revenue from operations67,508.7328,542.65
(b) Other income1,094.91965.93
Total income68,603.6429,508.58
Expenses
(a) Cost of materials consumed58,973.2417,988.60
(b) Purchases of stock-in-trade2,606.664,592.38
(c) Changes In inventories of finished goods, stock-in-trade and work-in-progress(10,069.01)635.95
(d) Other manufacturing and EPC project expenses1,652.40717.36
(e) Employee benefits expense1,237.88569.05
(f) Sales, administration, and other expenses4,760.952,979.94
(g) Finance costs822.70408.84
(h) Depreciation and amortization expense1,641.34432.74
Total expenses61,626.1628,324.85
Profit / (loss) before exceptional items6,977.481,183.73
(Add/(less) : Exceptional items(205.80)
Profit before tax6,771.681,183.73
Tax expense
(i) Current tax1,677.07338.95
(ii) Tax for earlier years(2.62)0.45
(iii) Deferred tax94.2847.83
Total tax expense1,768.73387.23
Profit for the year5,002.95796.50
Total comprehensive income for the year (after tax)4,994.58798.71
EPS (Basic) In INR21.823.84

 Waaree Energies Unlisted Shares Price Chart

*Rates mentioned in the chart are indicative.

 Waaree Energies Unlisted Shares Trend

Trend

Trend Identifier

Extremely Bullish
Bullish
Neutral
Bearish
Extremely Bearish

The trend indicator above has been derived from the current demand/supply of Waaree Energies Unlisted Shares. The trend has a tendency to change anytime depending on the market conditions and other events. This indicator must not be construed as any recommendation to buy/sell/hold.

 Waaree Energies Unlisted Shares – Valuation (Market Capitalisation)

Total Number of Outstanding Shares: 24,33,66,071 (As per Waaree Energies Annual Report FY2022-23)

Market Cap Scenarios:

At 800 Rs/Share, Waaree Energies Unlisted Shares values the company at approx. Rs. 19,469 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Waaree Energies unlisted shares.

At 900 Rs/Share, Waaree Energies Unlisted Shares values the company at approx. Rs. 21,902 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Waaree Energies unlisted shares.

At 1000 Rs/Share, Waaree Energies Unlisted Shares values the company at approx. Rs. 24,336 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Waaree Energies unlisted shares.

 Waaree Energies Shareholding

Source: Waaree Energies Annual Report FY2022-23

 Waaree Energies Peers

Below are the comparable peers with business models that are nearly identical to Waaree Energies Unlisted Shares. The peers mentioned have a similar line of business and may not be comparable on an apple-to-apple basis.
Name Listing Status
Vikram SolarUnlisted

 Waaree Energies Corporate Actions

Dividend

  • FY2022-23:
    The Board of Directors did not recommend any dividend for the financial year ended March 31, 2023, considering the expansion plans of the Company

Rights

No information found for Waaree Energies Limited Rights Issue

Buyback

No information found for Waaree Energies Limited Shares Buyback

Split

No information found for Waaree Energies Limited Shares Split

 Waaree Energies Annual Reports

 Waaree Energies News

Buy Waaree Energies unlisted shares

 FAQ for Waaree Energies Unlisted Shares

How to buy Waaree Energies Unlisted Shares?

Process of Buying Waaree Energies Unlisted Shares

  • Get connected with us and inquire for the Waaree Energies Unlisted Shares
  • We will quote the current prevailing market rates of Waaree Energies Unlisted Shares (Subject to availability)
  • If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
  • Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
  • Post receiving funds and demat details, we initiate transfer of Waaree Energies unlisted shares. The shares usually gets transferred on same/next working day in your demat account

For detailed buying process, refer here

What is the minimum lot size for buying Waaree Energies Unlisted Shares?

The minimum lot size for investing in Waaree Energies Unlisted Shares shall be updated shortly

What is the lock-in period for Waaree Energies Unlisted Shares?

The Lock-in period for Waaree Energies Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment.

What happens after the lock-in period gets completed?

As per the SEBI guidelines, lock-in period for Pre IPO shares is six months. The lock-in period starts from the date of allotment of IPO. During the lock-in period, the shares remain in your account but are marked as locked. After six months, the shares automatically gets unlocked and one can sell it normally on stock exchanges like any other listed shares

Is buying Waaree Energies Unlisted Shares Legal?

Yes, buying Waaree Energies Unlisted Shares is completely legal

How to check price of Waaree Energies Unlisted Shares?

You can regularly check the updated price of Waaree Energies Unlisted Shares at our Website and on our Telegram Channel

When can we expect IPO of Waaree Energies?

The IPO of Waaree Energies can be expected in short-medium term.

Where to buy Waaree Energies Unlisted Shares?

At Unlisted Arena, you can buy Waaree Energies Unlisted Shares and many such Pre IPO Shares easily at most reasonable rates with a hassle-free process. Unlisted Arena is India’s leading dealer in Unlisted & Pre IPO Shares

How to sell Waaree Energies Unlisted Shares?

You can sell Waaree Energies Unlisted Shares:

Before IPO: You can sell Waaree Energies Unlisted Shares before IPO too. You need to have a buyer for this shares. We can also help you to liquidate your holdings of unlisted shares.

After IPO: Once the lock-in period is complete, you can sell the shares on stock exchanges(NSE/BSE) just like any other listed shares.

How to transfer Waaree Energies Unlisted Shares?

There are two methods to transfer Waaree Energies Unlisted Shares
Method 1 – Offline Transfer

In this method, you must have a Delivery Instruction Slip (DIS) book which is provided by your broker. All the demat broking companies have its own DIS book. Along with DIS, there is an annexure which is to be submitted by the seller. Annexure too is provided by the demat broking company. After filing DIS and annexure, duly signed by the seller, they are to be handed over to your respective broker. Post that, your broker will process the request and transfer the shares as per details provided

Method 2 – Online Transfer

One can also transfer shares online through E-DIS/Off Market share transfer. The client must check with their respective brokers if they provide such facility. One can also transfer shares through CDSL easiest (for CDSL Demat) and NSDL Speed-E (For NSDL Demat) after registering into it.

Are Waaree Energies Unlisted Shares in demat form?

Yes, Waaree Energies Unlisted Shares are in demat form just like listed shares. You can buy and store them in your demat account. Like listed shares, Unlisted Shares also have their ISIN code so that you can verify the authenticity of shares.

Where will be Waaree Energies Unlisted Shares/Pre IPO shares be reflected?

Once the process is complete, Waaree Energies Unlisted Shares will reflect in your demat account. The shares usually gets reflected in your Depository holdings (DP Holdings). You can check it in your stock brokers app/website. The shares are also shown on your DP transactions and holding statement.

You can also check your holdings in the following:

If you have CDSL Demat Account – CDSL Myeasi app

If you have NSDL Demat Account – NSDL Speed-E

Many investors do ask ‘How to buy Waaree Energies Unlisted Shares in Zerodha, Angel One, Upstox, etc?’
You can buy Waaree Energies Unlisted Shares in any demat account with any broking company

How much time will it take to get Waaree Energies Unlisted Shares credited in my demat account?

When it comes to delivery of unlisted shares- Be assured as Unlisted Arena is the fastest in delivering shares. Once the process is completed, we usually deliver the shares on same day or the next working day. i.e T day or (T+1) working day.

How much STCG tax is applicable on Waaree Energies Unlisted Shares/Pre IPO Shares?

Short Term Capital Gains Tax: If unlisted shares are sold in 24 months or less, gains from such sale are taxed at the slab rate.

How much LTCG tax is applicable on Waaree Energies Unlisted Shares/Pre IPO Shares?

Long Term Capital Gains Tax: If unlisted shares are sold after holding for more than 24 months, gains on such sale will be taxed at 20% after indexation.

What will be the tax applicability if Waaree Energies Unlisted Shares gets listed?

Tax on Capital Gains on Unlisted Shares that are sold after getting listed: The tax rates will be the same as that on purchase and sale of listed shares.
That is, the long-term gains (shares sold after holding for more than one year) will be taxed at 10% after a threshold of ₹ 1 lakh per financial year.
Short-term gains (gains on selling shares in one year or less) will be taxed at 15%

Where can I find Waaree Energies Unlisted Shares price graph?

You can check the historical price trend by checking Waaree Energies Unlisted Shares price graph here Waaree Energies Unlisted Shares price chart will help you get an idea about price-action. You can also check the current trend of Waaree Energies Unlisted Shares here

How to check valuations of Waaree Energies Pre IPO Shares?

For listed shares, there are numerous applications and website which shows the market capitalization of shares. But no need to worry, we have included market capitalization scenarios on our website which shows market cap/valuations of the company based on prevailing Unlisted Shares rates. In addition, we have also mentioned total number of shares so that you can easily calculate current market cap quickly without putting much efforts. Click here to see the valuations of Waaree Energies Pre IPO shares
Quick tip: Market Cap= Total Outstanding shares x Price per share

How to check latest news and developments related to Waaree Energies Unlisted Shares?

You can easily check latest developments, news related to Waaree Energies Unlisted Shares on our website without any sign up or login. Click here to know about latest news and happenings

Why trust Unlisted Arena for buying Unlisted Shares and Pre IPO Shares?

Unlisted Arena is a prominent name which facilitates Unlisted Shares & Pre IPO Shares safely and securely. All the transactions are done through bank accounts where no third parties are involved. Unlisted Arena always quotes transparent rates and is also known for its fastest delivery of Unlisted Shares and Pre IPO Shares. Unlisted Arena gets featured regularly in India’s top most financial publications. You can check media coverage of Unlisted Arena here

Is Waaree Energies a Pre IPO, Unlisted or Delisted share?

Waaree Energies is a Pre IPO company. Waaree Energies has plans to get its stock listed on exchanges. For that purpose, Waaree Energies has filed its IPO DRHP with SEBI

Can NRIs buy Waaree Energies Unlisted Shares?

Yes, NRIs can also buy and sell Waaree Energies Unlisted Shares just like domestic investors. But their investment is on a non-repatriable basis

How is market price of Waaree Energies Unlisted Shares determined?

Like any listed shares, Unlisted Shares price is also determined by demand-supply of Unlisted Shares. Higher the demand, higher the price and vice-versa. The rates of Unlisted Shares are also derived from its performance, corporate actions such as declaration of results, bonus, dividend, etc. Another important aspect is share price/valuation of its listed peer. If the listed business is identical, unlisted companies share price/valuation will too be in similar fashion

What are the brokerage/charges for buying/selling Unlisted Shares/Pre IPO Shares?

At Unlisted Arena, we charge Zero Brokerage/Charges. The rates quoted by us are- net rates, i.e., you do not need to pay any brokerage or charges

How to buy Waaree Energies Unlisted Shares in Zerodha/Angel broking/HDFC Securities/Upstox/ICICI Securities or any other demat account?

One can buy Waaree Energies Unlisted Shares in any demat account – no matter with which broker you have a demat account. There is no need for separate/special demat account for buying Unlisted Shares.

From where does Unlisted Arena source Waaree Energies Unlisted Shares?

Unlisted Arena sources Waaree Energies Unlisted Shares from existing investors looking to liquidate their investment

Will I get dividend, bonus on Unlisted Shares?

Yes, you are eligible to get dividend, bonus and/or any other corporate actions declared by the company. You need to hold the Unlisted Shares in your demat account on the record date declared by the company to be eligible for such corporate actions

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