Surat-based Waaree Energies files IPO papers with SEBI; to raise Rs 1,350 cr
The OFS consists of sale of 1,315,000 equity shares each by Hitesh Chimanlal Doshi, Virenkumar Chimanlal Doshi and Mahavir Thermoequip Pvt Ltd and up to 40,000 by Samir Surendra Shah and up to 22,500 equity shares by Nilesh Gandhi Jointly with Drasta Gandhi
The issue comprises a fresh issue of equity shares of face value of Rs 10 each aggregating to Rs 1,350 cr and Offer For Sale (OFS) of 4,007,500 equity shares by existing shareholders and promoters. Source: Website