Waaree RTL

Mumbai, India Founded: 2021 • Age: 5 yrs
Solar-powered products are manufactured in Mumbai, India.
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About Waaree RTL

Waaree RTL is a company based in Mumbai (India) founded in 2021.. The company has 286 employees as of March 31, 2024. Waaree RTL offers products and services including Ground Mounted Solar, Rooftop Solar, Floating Solar, and Operations & Maintenance. Waaree RTL operates in a competitive market with competitors including Borosil Renewables, Servoteh, Nessa, Ksolare Energy and SuKam Solar, among others.

  • Headquarter Mumbai, India
  • Employees 286 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Waaree Renewable Technologies Ltd
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $186.68 M (USD)
    82.29
    as on Mar 31, 2024
  • Net Profit
    $26.75 M (USD)
    57.71
    as on Mar 31, 2024
  • EBITDA
    $36.57 M (USD)
    50.4
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    286

    as on Mar 31, 2024

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IPO & Listings of Waaree RTL

Waaree RTL is a publicly listed company on the NSE with ticker symbol WAAREERTL in India, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: WAAREERTL . Sector: Utilities · India

Products & Services of Waaree RTL

Waaree RTL offers a comprehensive portfolio of products and services, including Ground Mounted Solar, Rooftop Solar, Floating Solar, and Operations & Maintenance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Service for large-scale ground solar project installation and execution.

Solutions for installing solar panels on building rooftops.

Systems for solar panels on water bodies to generate energy.

Ongoing support for solar projects to ensure optimal performance.

People of Waaree RTL
Headcount 200-500
Employee Profiles 7
Employee Profiles
People
Pujan Doshi
Managing Director
People
Anjana Patel
Assistant Manager
People
Viren Doshi
Executive Director
People
Mahendra Vishwakarma
Senior Account Executive

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Funding Insights of Waaree RTL

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Waaree RTL

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Waaree RTL

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Waaree Rtl Comparisons

Employees
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Competitors of Waaree RTL

Waaree RTL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Borosil Renewables, Servoteh, Nessa, Ksolare Energy and SuKam Solar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Solar glass is manufactured by Borosil Renewables for photovoltaic applications.
domain founded_year HQ Location
Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs
domain founded_year HQ Location
Offers solar consumer goods
domain founded_year HQ Location
Manufactures solar inverters and EV chargers for renewable energy solutions.
domain founded_year HQ Location
Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries
domain founded_year HQ Location
Manufactures solar panels, batteries, and modules for renewable energy solutions in India.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Waaree Rtl

Frequently Asked Questions about Waaree RTL

When was Waaree RTL founded?

Waaree RTL was founded in 2021.

Where is Waaree RTL located?

Waaree RTL is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

How many employees does Waaree RTL have?

As of Mar 31, 2024, the latest employee count at Waaree RTL is 286.

What is the annual revenue of Waaree RTL?

Annual revenue of Waaree RTL is $186.68M as on Mar 31, 2024.

What does Waaree RTL do?

Waaree RTL was established in 2021 in Mumbai, India, as a manufacturer within the renewable energy sector. Solar-powered products are produced, with operations centered on design and assembly processes. The company serves markets requiring sustainable energy solutions, including residential and commercial applications. Activities are based in India, supporting local and regional distribution through its online presence at waareertl.com. Focus remains on core manufacturing without expansion into unrelated areas.

Who are the top competitors of Waaree RTL?

Waaree RTL's top competitors include Servoteh, Borosil Renewables and SuKam Solar.

What products or services does Waaree RTL offer?

Waaree RTL offers Ground Mounted Solar, Rooftop Solar, Floating Solar, and Operations & Maintenance.

Is Waaree RTL publicly traded?

Yes, Waaree RTL is publicly traded on NSE under the ticker symbol WAAREERTL.

What is Waaree RTL's ticker symbol?

The ticker symbol of Waaree RTL is WAAREERTL on NSE.

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