If You Had Bought 1,000 Shares of Waaree Renewable Technologies at IPO, Here’s What They’d Be Worth Today
IPO Investment Scenario
If an investor had bought 1,000 shares of Waaree Renewable Technologies at its IPO in 2016, the total investment would have been just:
IPO Price (2016): ₹10 per share
Shares Bought: 1,000
Total Investment: ₹10,000
Corporate Actions That Multiplied Shares
Since listing, Waaree Renewable Technologies has announced the following corporate actions that significantly increased the number of shares:
Bonus Issue (1:2) – Every 2 shares held got 1 bonus share.
1,000 shares became 1,500 shares.
Stock Split (Face Value ₹10 → ₹2) – Each share was split into 5 shares.
1,500 shares became 7,500 shares.
Current Value of the IPO Investment
As of August 2025, WRTL shares trade at around ₹983 per share on the NSE.
7,500 shares × ₹983 = ₹73,72,500
Final Takeaway
An initial investment of just ₹10,000 in the Waaree Renewable Technologies IPO would now be worth an astonishing ₹73.7 lakh. That’s a return of more than 7,270 times in less than a decade — one of the biggest wealth creation stories in India’s stock market history.
Waaree Renewable Technologies stands as a shining example of how renewable energy companies are emerging as multi-bagger investments, riding on India’s green energy push.
