Waaree Energies Limited was founded in 1990, with headquarters in Mumbai, India. Waaree has India's largest aggregate installed capacity of 12 GW as of June 30, 2024 with its plants located in Gujarat and Uttar Pradesh.
Market Leader :
Waaree energies is India's largest manufacturer and exporter of solar modules. As of FY24, it holds 21% share in the domestic market and exports to markets like USA, Canada, Italy, Turkey, Hong Kong etc.
Shareholding Pattern :
As of November 2024, the promoters own to the tune of 64.31% of the Company while the rest is shared between Public 30.46%, DII's 3.02% and FII's 2.23%.