Waaree Energies raises Rs 1,277 crore from anchor investors ahead of IPO

Waaree Energies raised Rs 1277 crore from 92 anchor investors ahead of its IPO, allocating 84.95 lakh shares at Rs 1,503 each. Funds will be used for a 6 GW manufacturing facility and general corporate purposes. Revenue and profit surged significantly in Fiscal 2024.