IREDA IPO Date, Price, GMP, Review, Details

The IREDA has begun on 21-November-2023. It will close on 23-November-2023. The Total IPO Size is 2,150.21 Crore. The company set its IPO price is 30-32 Rs Per Share. Basically, there are three basic categories in IREDAIPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.

IREDA wholly owned Government of India (“GoI”) enterprise under the administrative control of the Ministry of New and Renewable Energy (the “MNRE”).

IRDEA is an experienced financial institution that has been actively promoting, developing, and extending financial assistance for new and renewable energy projects, as well as energy efficiency and conservation projects for over 36 years. The company offers a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities such as equipment manufacturing and transmission. IRDEA is committed to facilitating the transition towards a greener and more sustainable future, and as a reliable partner, the company ensure that its clients receive the best possible support and guidance throughout their projects.

IREDA Promoters

The President of India, acting through the Ministry of New and Renewable Energy, Government of India is a Promotors of the company.

IREDA IPO Date, Details & Price Band

The IREDA IPO Price Band, IPO Dates, Market lot and other details mention in be below table.

IPO Opening Dates 21-November-2023
IPO Closing Dates 23-November-2023
Price Band 30-32 Rs
Fresh Issue 1,290.13 Crore
Offer for Sale 860.08 Crore
Total IPO size 2,150.21 Crore
Minimum bid (lot size) 460 Shares
Face Value 10 INR Per Share
Issue Type Book Built Issue IPO
QIB Allocation 50%
HNI Allocation 15%
Retail Allocation 35%
Listing On NSE, BSE

IREDA IPO Market Lot

The IREDA IPO minimum market lot is 460 shares With 14,720 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 460 14,720 ₹
Retail Maximum 13 5980 1,91,360 ₹

Restated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax
31-Mar-23 50,446.98 3,483.04 864.63
31-Mar-22 36,708.41 2,874.16 633.53
31-Mar-21 30,293.39 2,657.74 346.38

IREDA IPO GMP & Grey Market Premium

IREDA IPO GMP Grey market premium has been started today. Check Latest IREDA IPO GMP, Kostak Rates and Subject to Sauda Price here.

IREDA IPO Prospectus

IREDA IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download IREDAIPO Prospectus.

IREDA IPO Prospectus Download
DRHP Download


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Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

IREDA IPO Form Download

IREDA IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download IREDA IPO forms.

IREDA IPO Allotment Date & Details

Allotment Date 29-November-2023
Initiation of refunds 30-December-2023
Transfer of shares to Demat accounts 01-December-2023
Listing Date 04-December-2023
Check Allotment Status Click here

Registrar of IREDA

Link Intime India Private Limited
C 101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli West,
Mumbai 400 083, Maharashtra, India
Telephone: +91 81 0811 4949
E-mail: [email protected]
Investor Grievance E-mail:
[email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058

IREDA Contact Details

Indian Renewable Energy Development Agency Limited
India Habitat Centre
East Court, Core 4A,
1stFloor, Lodhi Road, New Delhi–110003
Phone: +91 11 24682206
Email: [email protected]

IREDA IPO Lead Managers

SBI Capital Markets Limited
1501, 15th floor, A&B Wing
Parinee Crescenzo, G Block, Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051, Maharashtra, India
Telephone : +91 22 4006 9807
E-mail : [email protected]
Investor grievance e-mail:
[email protected]
Contact Person: Vaibhav Shah
SEBI Registration Number: INM000003531

BOB Capital Markets Limited
1704, B Wing, 17th Floor
Parinee Crescenzo, Plot No.C- 38/39, G Block
Bandra Kurla Complex, Bandra East
Mumbai – 400 051, Maharashtra, India
Telephone : +91 22 6138 9353
E-mail : [email protected]
Investor Grievance E-mail:
[email protected]
Contact Person: Nivedika Chavan
SEBI Registration Number: INM000009926

IDBI Capital Markets & Securities Limited
6th Floor, IDBI Tower
WTC Complex
Cuffe Parade
Mumbai – 400 005, Maharashtra, India
Telephone : +91 22 2217 1953
E-mail : [email protected]
Investor Grievance E-mail:
[email protected]
Contact Person: Indrajit Bhagat/ Suhas Satardekar
SEBI Registration Number: INM000010866

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