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Dec 12, 2023 · 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.
- November 23, 2023
- India Habitat Centre, East Court, Core 4A, Delhi
- November 21, 2023
Nov 21, 2023 · Risk report. Company and business. Is IREDA free from regulatory penalties? Yes, the management is free from regulatory penalties. However, in the ordinary course of business, the company's borrowers have initiated 35 proceedings in various High Courts against it.
- IPO Dates. The IPO will open for subscription on November 21, 2023, and close on November 23, 2023.
- Price Band. The price band for the issue has been fixed at Rs 30-32 per share.
- Offer Details. The company plans to raise Rs 2,150.21 crore via IPO. The offer consists of a fresh issue of 40.31 crore shares worth Rs 1,290.13 crore and an offer-for-sale of 26.87 crore shares worth Rs 860.08 crore.
- Objectives of Issue. IREDA will use the net proceeds to augment the capital base to meet future capital requirements and onward lending. The company expects to receive the benefits of listing the equity shares on the stock exchanges.
Jan 5, 2024 · Indian Renewable Energy Development Agency, commonly called IREDA, is set to launch its IPO on 21 November 2023. In a significant move from the Indian government, this will be the next government-run company to introduce its initial public offering after Life Insurance Corporation of India (LIC).
- Rs 10 per share
- 460 Shares
- 21 November 2023 to 23 November 2023
- Rs 30-32 per share
Nov 23, 2023 · Check all the details of the Indian Renewable Energy Development Agency IPO, such as the issue date, price, allotment, lot size and subscription status at Angel One.
- Indian Renewable Energy Development Agency is a fresh issue of ₹1,290.13 Crore and an offer for sale of ₹860.08 Crore. It is a book-building issue.
- The Indian Renewable Energy Development Agency’s share will be allotted on November 29, 2023.
- The IPO subscription window for Indian Renewable Energy Development Agency will open on November 21, 2023.
- Retail investors can apply for a minimum of one lot, which is a size of 460 shares, with a sum of ₹14,720.
- Indian Renewable Energy Development Agency will be listed on BSE and NSE. The stock will be listed on December 4, 2023.
- Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
- Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
- You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
- You can submit only one application using your PAN card
Lodge a Complaint. Ease of Doing Business. Our Profile. Indian Renewable Energy Development Agency Limited (IREDA) is a 'Navratna' Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE).
Nov 21, 2023 · Indian Renewable Energy Development Agency Limited (IREDA) is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy...
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