GW

GreenWave Energy

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Registrar: KFin Technologies · Listing 2026-07-28
IPO Timeline
Today · 04 Sept 2026
Opens
18 Jul 2026
Closes
22 Jul 2026
Allotment
24 Jul 2026
Refund
25 Jul 2026
Demat
26 Jul 2026
Listing
28 Jul 2026
Price Band
₹210–225
GMP
₹42
18.7%
Lot Size
66 sh
Min ₹14,850
Subscription
45.2x
Issue Size
₹560 Cr
Open
2026-07-18
Close
2026-07-22
Listing
2026-07-28

About the company

Renewable energy IPP with 1.2 GW operational solar and wind capacity.

GMP trend (Grey Market Premium by date)

Today42 (18.7%)
High43
Low24
Est. Listing267
DateGMP (₹)Est. ListingChange
23 Jul42267+1
22 Jul41266+3
21 Jul38263-1
20 Jul39264-2
19 Jul41266-2
18 Jul43268+3
17 Jul40265+2
16 Jul382630

Strengths

  • Long-term PPAs
  • Strong ESG credentials

Risks

  • Regulatory tariff changes

Financial performance (₹ Cr)

Subscription breakup (final, times)

QIB82.4x
NII46.8x
Retail12.6x

IPO Roadmap / Timeline

Current Status · as of 04 Sept 2026
Listed
Listed on 28 Jul 2026
Listed 38 days ago
  1. IPO Opens

    Completed
    18 Jul 2026

    Bidding starts for all investor categories

  2. IPO Closes

    Completed
    22 Jul 2026

    Last day to place your bid

  3. Basis of Allotment

    Completed
    24 Jul 2026

    Share allotment finalised

  4. Refund Initiation

    Completed
    25 Jul 2026

    Refunds credited for non-allottees

  5. Credit to Demat

    Completed
    26 Jul 2026

    Allotted shares credited to demat account

  6. Listing on Exchange

    Completed
    28 Jul 2026

    Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

Lot size & minimum investment

Lot Size
66 shares
Price / Share (upper)
225
Min Investment (1 lot)
14,850
Price Band
210225
Retail
≤ ₹2,00,000
Min lots
1
Min shares
66
Min amount
₹14,850
Max amount
₹193,050
sHNI (Small HNI)
₹2L – ₹10L
Min lots
14
Min shares
924
Min amount
₹207,900
Max amount
₹994,950
bHNI (Big HNI)
> ₹10L
Min lots
68
Min shares
4488
Min amount
₹1,009,800
Max amount
₹1,084,050

Shares reserved per category & allotment probability

QIB
1.2% allotment
Reservation
50%
Amount
₹280 Cr
Shares offered
12,873,563
Shares bid
1,060,781,591
Subscribed
82.40x
NII
2.1% allotment
Reservation
15%
Amount
₹84 Cr
Shares offered
3,862,069
Shares bid
180,744,829
Subscribed
46.80x
Retail
7.9% allotment
Reservation
35%
Amount
₹196 Cr
Shares offered
9,011,494
Shares bid
113,544,824
Subscribed
12.60x

Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).

Date-wise daily subscription (all categories)

Date / DayQIB (x)NII (x)Retail (x)Total
18 Jul
Day 1
13.38x6.86x1.82x22.06x
19 Jul
Day 2
48.66x27.16x6.31x82.13x
20 Jul
Day 3
54.37x39.26x10.77x104.40x
21 Jul
Day 4
74.01x46.80x12.60x133.41x
22 Jul
Day 5
82.40x46.80x12.60x141.80x

Date-wise cumulative subscription figures per category, refreshed each bidding day.