IREDA IPO Subscription Details

The IREDA IPO is subscribed 38.80 times on November 23, 2023 5:39:00 PM. The public issue subscribed 7.73 times in the retail category, 104.57 times in the QIB category, and 24.16 times in the NII category.

The price band of IREDA IPO 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.

Mobile Holders – https://amzn.to/3EesXPH
Mobile / Laptop Spectacles – https://amzn.to/3yEvdyJ
Bluetooth Speakers – https://amzn.to/3q9OrbF
Mobile Headphones – https://amzn.to/3E3PtuI

Company Details of IREDA

This company is from 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. That is how IREDA works. The name of the company is Indian Renewable Energy Development Agency

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 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.

The IPO Date November 21, 2023 to November 23, 2023
Listing Date November 29, 2023
Face Value ₹10 per share
Price Band ₹30 to ₹32 per share
Lot Size 460 Shares
Total Issue Size 671,941,177 shares
(aggregating up to ₹2,150.21 Cr)
Fresh Issue 403,164,706 shares
(aggregating up to ₹1,290.13 Cr)
Offer for Sale 268,776,471 shares of ₹10
(aggregating up to ₹860.08 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 2,284,600,000
Share holding post issue 2,687,764,706
IPO Open Date Tuesday, November 21, 2023
IPO Close Date Thursday, November 23, 2023
Basis of Allotment Friday, November 24, 2023
Initiation of Refunds Saturday, November 25, 2023
Credit of Shares to Demat Tuesday, November 28, 2023
Listing Date Wednesday, November 29, 2023
Cut-off time for UPI mandate confirmation 5 PM on November 23, 2023

IREDA Contact Details

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
Websitehttps://www.ireda.in/

More Reviews on News N View : Appliances | Technology | Health & Sports | Grocery
Watch Event Videos on News N View | Watch Travel Videos on News N View