Solar Stocks in the Spotlight: Waaree’s OFS Heats Up Indosolar’s Market Game

Size of Stake Sale: Up to 10 lakh shares, or 2.4% of the paid-up share capital of Indosolar.
OFS Dates: July 10 for non-retail, July 11 for retail investors.
Floor Price: ₹265 per share.
Objective: To achieve SEBI&#39;s minimum public shareholding and improve public holding.
Distribution: Pro-rata basis at a common clearing price; 25% to insurance companies and mutual funds.
Market Impact: The move will be seen to increase liquidity, improve compliance, and potentially attract new investors into Indosolar.

Unknown Apr 02, 2026 1 Views

Waaree Energies Ltd, India's largest solar module manufacturer, will be offering 2.4% stake in Indosolar in an Offer for Sale (OFS) on July 10–11, 2025. This is a strategic move to meet SEBI's minimum public shareholding requirement as well as pump in liquidity into the solar manufa...