Indian Renewable Energy Development Agency Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 20-11-2023 | 22-11-2023 | 10 | 30 | 460 Shares | BSE SME | 671,941,177 shares (aggregating up to ₹2,150.21 Cr) | 2023-11-28 18:30:00 | 2023-11-29 18:30:00 | 2023-11-30 18:30:00 | 03-12-2023 |
About The Company
IREDA IPO is a book built issue of Rs 2,150.21 crores. The issue is a combination of fresh issue of 40.32 crore shares aggregating to Rs 1,290.13 crores and offer for sale of 26.88 crore shares aggregating to Rs 860.08 crores.
IREDA IPO bidding opened for subscription on November 21, 2023 and will close on November 23, 2023. The allotment for the IREDA IPO is expected to be finalized on Wednesday, November 29, 2023. IREDA IPO will list on BSE, NSE with tentative listing date fixed as Monday, December 4, 2023.
IREDA IPO price band is set at ₹30 to ₹32 per share. The minimum lot size for an application is 460 Shares. The minimum amount of investment required by retail investors is ₹14,720. The minimum lot size investment for sNII is 14 lots (6,440 shares), amounting to ₹206,080, and for bNII, it is 68 lots (31,280 shares), amounting to ₹1,000,960.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-09-2023 | 51208 | 2320 | 579 | 6580.61 | 2550.36 | 39850.19 |
| 30-03-2023 | 50447 | 3483 | 865 | 5935.17 | 2310.96 | 40165.23 |
| 30-03-2022 | 36708 | 2874 | 634 | 5268.11 | 1776.05 | 27613.07 |
| 30-03-2021 | 30293 | 2658 | 346 | 2995.6 | 1386.12 | 24000 |
IPO Listing Details
| Listing Date | 03-12-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Government of India.
Contact Information of the Company
Indian Renewable Energy Development Agency Ltd
India Habitat Centre
East Court, Core 4A,
1stFloor, Lodhi Road, New Delhi–110003
Phone: +91 11 24682206
Email: equityinvestor2023@ireda.in
Website: https://www.ireda.in/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: indianrenergy@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager
Idbi Capital Market Services Limited Bob Capital Markets Limited SBI Capital Markets Limited