| Name | Waaree Energies Limited |
|---|---|
| Sector | Renewable Energy |
| Security Type | Unlisted/ Pre-IPO Equity Shares |
| Face Value | ₹ 10 |
| ISIN Code | INE377N01017 |
| Available in Depository | CDSL & NSDL |
| Waaree Energies Unlisted Share Price | ₹ 2190 Per Equity Share |
| Lot Size | 50 Shares |
| Minimum Investment | ₹ 100000-107000 |
| All-Time High | ₹ 2280 |
| All-Time Low | ₹ 790 |
| Highlights | - India's leading solar panel manufacturer |
| PAN | AAACA4043J |
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.
Image Source: Waaree Energies Annual Report FY2022-23
Source: Waaree Energies Annual Report FY2022-23
Waaree Energies Strategic Overview:
Growth Story:
Order Book:
Image Source: Waaree Energies Annual Report FY2022-23
Waaree Energies Products:
PV Modules:
Inverter:
Solar Products:
| Particulars | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Income | ||
| (a) Revenue from operations | 67,508.73 | 28,542.65 |
| (b) Other income | 1,094.91 | 965.93 |
| Total income | 68,603.64 | 29,508.58 |
| Expenses | ||
| (a) Cost of materials consumed | 58,973.24 | 17,988.60 |
| (b) Purchases of stock-in-trade | 2,606.66 | 4,592.38 |
| (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 expenses | 1,652.40 | 717.36 |
| (e) Employee benefits expense | 1,237.88 | 569.05 |
| (f) Sales, administration, and other expenses | 4,760.95 | 2,979.94 |
| (g) Finance costs | 822.70 | 408.84 |
| (h) Depreciation and amortization expense | 1,641.34 | 432.74 |
| Total expenses | 61,626.16 | 28,324.85 |
| Profit / (loss) before exceptional items | 6,977.48 | 1,183.73 |
| (Add/(less) : Exceptional items | (205.80) | |
| Profit before tax | 6,771.68 | 1,183.73 |
| Tax expense | ||
| (i) Current tax | 1,677.07 | 338.95 |
| (ii) Tax for earlier years | (2.62) | 0.45 |
| (iii) Deferred tax | 94.28 | 47.83 |
| Total tax expense | 1,768.73 | 387.23 |
| Profit for the year | 5,002.95 | 796.50 |
| Total comprehensive income for the year (after tax) | 4,994.58 | 798.71 |
| EPS (Basic) In INR | 21.82 | 3.84 |
*Rates mentioned in the chart are indicative.
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.
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.
Source: Waaree Energies Annual Report FY2022-23
| Name | Listing Status |
|---|---|
| Vikram Solar | Unlisted |
No information found for Waaree Energies Limited Rights Issue
No information found for Waaree Energies Limited Shares Buyback
No information found for Waaree Energies Limited Shares Split
Process of Buying Waaree Energies Unlisted Shares
For detailed buying process, refer here
The minimum lot size for investing in Waaree Energies Unlisted Shares shall be updated shortly
The Lock-in period for Waaree Energies Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment.
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
Yes, buying Waaree Energies Unlisted Shares is completely legal
You can regularly check the updated price of Waaree Energies Unlisted Shares at our Website and on our Telegram Channel
The IPO of Waaree Energies can be expected in short-medium term.
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
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.
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.
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.
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
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.
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.
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.
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%
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
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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
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
Yes, NRIs can also buy and sell Waaree Energies Unlisted Shares just like domestic investors. But their investment is on a non-repatriable basis
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
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
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.
Unlisted Arena sources Waaree Energies Unlisted Shares from existing investors looking to liquidate their investment
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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