Waaree Energies Ltd | Unlisted Shares | Latest Share Price & Updates

Last Modified - September 8, 2023

Buy

₹ 700.00

Sell

₹ 795.00

Fairly Valued 2048x572 1

Company Overview

Waaree Energies Limited is the flagship company of Waaree group which was established in year 1989 and has its headquarters in Mumbai. Waaree has presence in over 388 locations nationally and 20 countries worldwide. Waaree Energies Ltd Unlisted shares price has been a significant aspect of the company’s trajectory. Waaree Energies Ltd manufactures PV Modules, Inverters and Solar Products. With a vision of providing high quality and cost effective sustainable energy across all markets and reducing carbon footprints, Waaree Energy has become one of the largest vertically integrated new energy company. It has largest Solar panel manufacturing capacity of 12GW in India. Its plants are at Chikhli, Surat and Umbergaon in Gujarat.

Waaree Energies Ltd are a top player in EPC Services, Project Development, Solar Rooftop Solutions, Solar Inverter and Solar Water Pumps. Not only this its an independent producer of power too.

They have strong clientele relations nationally and internationally. Aditya Birla Group, Bharat Petroleum, Adani, Indian Oil, Mahindra etc are some of the clients they have served.

The main products segments in which they deal are:

PV Module: One of the largest solar panel manufacturer with operational capacity of 5GW for solar PV modules like Mono PERC, Bifacial, BIPV, Flexible and Polycrystalline modules.

Inverters: The solar inverter helps to convert the direct current from the solar panels into alternative current which is used by domestic and commercial appliances. These inverters even perform functions like data monitoring, advanced utility control etc.

Solar Products: Waaree has a large range of solar gadgets and portable solar kits with integrated solar panels. Solar street light, solar mobile charger, solar bags are some of their popular products.

Registered Office

The registered office of Waaree Energies is located at 602, Western Edge-1, Western Expressway, Borivali(E), Mumbai-400066, India.

Board of Directors

Name

Designation

Mr Hitesh Chimanlal Doshi

Chairman and MD

Mr Virenkumar Chimanlal Doshi

Whole-time Director

Mr Hitesh Pranjivan Mehta

Whole-time Director and CFO

Mrs Richa Manoj Goyal

Independent Director

Mr Jayesh Dhirajlal Shah

Independent Director

Mr Rajendar Mohar Malla

Independent Director

Mr Sujit Kumar Varma

Independent Director

Key Business Highlights of Waaree Energies Ltd& Waaree Energies Ltd Unlisted Shares Price 

Ratio

RatioFY22FY21
Operating Margin5.54%4.90%
Net Profit Margin2.74%2.40%
Return on Equity18.64%12.33%
Debt-Equity0.720.65
Current Ratio0.931.25
Dividend Payout0%0%

Financial Highlights

Particulars2021-222020-212019-202018-192017-18
Total Income (₹ Crores)2950.861993.372021.311612.731357.25
PAT (₹ Crores)80.8447.5241.8181.5524.25
Diluted EPS3.92.462.264.021.23
Book Value per Share (₹)21.9919.5417.2713.088.92
Equity (₹ Crores)433.58385.29340.5257.83175.79

Financial Charts

Shareholding Pattern

Peer Comparison

CompanyMarket Cap (₹ Crores)Profitability Margin (%)ROCE (%)ROE (%)D/E RatioP/E RatioP/B RatioBook Value per Share (₹)
Waaree Energies Limited138002.74%22.75%18.64%0.72179.4931.8321.99
Surana Solar Limited1195.41%5.69%4.05%052.22.0711.7
Insolation Energy Limited3043.82%31.40%48.30%1.2828.55.7625.4

Media Updates

 

Frequently Asked Questions (FAQs) on Waaree Energies Ltd. Unlisted Shares

The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.

The procedure to buy the Waaree Energies unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller. Once the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day. 

In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.  

The Waaree Energies unlisted shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.

The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size of Waaree Energies ltd, please visit the stock page on our website: www.delistedstocks.in

There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares. 

Before IPO, there is no restriction on sale and transfer of your Waaree Energies ltd unlisted shares. But once the shares are listed on the stock exchange, for retail investors, there is a minimum lock-in period 6 months after listing on the stock exchange.  

Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds are released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares. 

If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor. If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.

The trading in unlisted shares is governed by Securities & Contract (Regulation) Act, which comes under the preview of SEBI.  The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors. 

The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange. 

Yes, NRI’s can also buy and sell Waaree Energies unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.