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Indian Renewable Energy Development Agency Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹32
Issue Price
₹32
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹32
GMP based
Lot Size
460
shares / lot
Min Amount
₹14,720
1 lot · 460 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
21 Nov 2023
Tue Completed
Done
Close Date
23 Nov 2023
Thu Completed
Done
Allotment
24 Nov 2023
Fri Completed
Done
Refund
25 Nov 2023
Sat Completed
Done
Demat Credit
28 Nov 2023
Tue Completed
Done
Listing Date
29 Nov 2023
Wed Completed
UPI Deadline: 23 Nov 2023
Issue Details
Pricing & Size
Issue Price
₹32 Face ₹10
Lot Size
460 shares
Min Investment
₹14,720
Total Issue Size
67,19,41,177 shares (aggregating up to ₹2,150.21 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
33,50,32,878 (49.86%)
NII / HNI
10,05,09,864 (14.96%)
Retail
23,45,23,015 (34.90%)
Employee
18,75,420 (0.28%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
-
Post-Issue Shareholding
2,68,77,64,706 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 460 ₹14,720
HNI / NII 14 6,440 ₹2,06,080
bHNI / bNII 68 31,280 ₹10,00,960
Objects of Issue
2 objectives
1
Augmenting the capital base to meet future capital requirements and onwardlending.
2
The Company expects to receive the benefits of listing the Equity Shares on the Stock Exchanges, including enhancing the brand image among existing and potential customers and creating a public market for the Equity Shares in India.
Lead Managers & Market Maker
Book Running Lead Managers
IDBI Capital Markets Services Ltd.
BOB Capital Markets Ltd.
SBI Capital Markets Ltd.
IPO Timeline
Open
21 Nov
✓ Done
Close
23 Nov
✓ Done
Allotment
24 Nov
✓ Done
Listing
29 Nov
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
indianrenergy@linkintime.co.in
Company Contact
Email
equityinvestor2023@ireda.in
Phone
+91 11 24682206
Address
India Habitat Centre East Court, Core 4A, 1stFloor, Lodhi Road, New Delhi–110003 Delhi, New Delhi
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹32
Est. Listing
₹32
Lot Size
460 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Indian Renewable Energy Development Agency Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹32
GMP
+₹0 (+0%)
GMP Est. Listing
₹32
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 33,50,32,878 (49.86%) ₹107,210.52 Cr
NII / HNI (Total) 10,05,09,864 (14.96%) ₹32,163.16 Cr
Retail Investors 23,45,23,015 (34.90%) ₹75,047.36 Cr
Employee 18,75,420 (0.28%) ₹60.01 Cr
Total ** 67,19,41,177 (100.00%) ₹2,150,211.77 Cr
* Based on ₹32.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
33,50,32,878 (49.86%)
NII
10,05,09,864 (14.96%)
Retail
23,45,23,015 (34.90%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Sep 202331 Mar 202331 Mar 2022
Revenue2320.463483.042874.16
PAT579.32864.63633.53
EBITDA
Net Worth6580.615935.175268.11
Total Assets51208.3650446.9836708.41
Reserves2550.362310.961776.05
Borrowings39850.1940165.2327613.07
Key Financial Ratios
15.44%
ROE
Return on Equity
15.44%
RONW
Return on Net Worth
6.77
D/E Ratio
Debt to Equity
3.78
Pre EPS
EPS Pre-Issue
8.47
Pre P/E
P/E Pre-Issue
7.42
Post P/E
P/E Post-Issue
About Indian Renewable Energy Development Agency Ltd.

Incorporated in March 1987, Indian Renewable Energy Development Agency Limited is a public limited government company.

IREDA 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. IREDA 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.

As on March 31, 2023, our Term Loans Outstanding stood at ₹ 470,755.21 million, compared to ₹ 278,539.21 million as on March 31, 2021, increasing at a CAGR of 30.00%, and as of September 30, 2022 and September 30, 2023, our Term Loans Outstanding were ₹ 337,833.59 million and ₹ 475,144.83 million, respectively.

As of September 30, 2023, the company have 175 employees out of which 152 are professionally qualified with engineering, finance, legal, human resource and IT background.

Frequently Asked Questions
What is the issue price of Indian Renewable Energy Development Agency Ltd. IPO?
The issue price of Indian Renewable Energy Development Agency Ltd. IPO is ₹32 per share, face value ₹10.
What is the lot size?
Minimum lot size is 460 shares, requiring ₹14,720.
What are the IPO dates?
Opens 21 Nov 2023, closes 23 Nov 2023.
When is the listing date?
Tentative listing: 29 Nov 2023 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹32 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Indian Renewable Energy Development Agency Ltd. IPO · Expected 24 Nov 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
24 Nov 2023
Refund Initiation
25 Nov 2023
Demat Credit
28 Nov 2023
Listing Date
29 Nov 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹32
Face ₹10
Lot Size
460
shares / lot
Min Amount
₹14,720
1 lot
Est. Listing
₹32
GMP +₹0
Key Dates
Open
21 Nov Done
Close
23 Nov Done
Listing
29 Nov Done
Registrar
MUFG Intime India Pvt.Ltd.
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