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.
| DRHP | Download |
IREDA IPO Reviews
Angel Broking – Update Soon
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]
Website: www.linkintime.co.in
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]
Website: https://www.ireda.in/
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]
Website: www.sbicaps.com
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]
Website: www.bobcaps.in
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]
Website: www.idbicapital.com
Contact Person: Indrajit Bhagat/ Suhas Satardekar
SEBI Registration Number: INM000010866