Indian Renewable Energy Development Agency IREDA (MAINBOARD)
November 21, 2023 – November 23, 2023
| Price | ₹30 - ₹32 |
| Premium | ₹13.5 |
|---|---|
| Lot size | 460 |
| Allotment | Nov 25, 2023 |
| Listing | Nov 29, 2023 |
Live Rate
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Shareholding Pattern
Subscription
Last Updated as on 23-Nov-2023 18:03:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 134013152 | 14013536140 | 104.57 |
| HNIs | 100509864 | 2428282960 | 24.16 |
| HNIs (10+L) | 67006576 | 1808317500 | 26.99 |
| HNIs (2-10L) | 33503288 | 619965460 | 18.5 |
| Retail | 234523015 | 1812274420 | 7.73 |
| Employees | 1875420 | 18371940 | 9.8 |
| Total | 470921451 | 18272465460 | 38.8 |
| Total Application : 2,858,909 (5.61 times) | |||
| QIB Cost (7 Days) per share | |||||
|---|---|---|---|---|---|
| @7% ₹4.49 | @8% ₹5.13 | @9% ₹5.78 | @10% ₹6.42 | @11% ₹7.06 | @12% ₹7.7 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 460 | 14720 | 509833 |
| sHNI | 14 | 6440 | 206080 | 5202 |
| bHNI | 68 | 31280 | 1000960 | 10405 |
Incorporated in March 1987,Indian Renewable Energy Development Agency Limitedis a public limited government company. IREDA is a Mini Ratna (Category - I) government enterprise. It is administratively controlled by the Ministry of New and Renewable Energy (MNRE). In FY 2021-22, IREDA achieved the highest-ever loan sanctions of around Rs. 23921.06 crores and loan disbursements of around Rs. 16070.82 crores.
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.
Indian Renewable Energy Development Agency IPO Details
| Issue Size | 671,941,177 shares (aggregating up to ₹[2150.21] Cr) |
| Fresh Issue | 403,164,706 shares (aggregating up to ₹[1290.13] 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 |
Company Financials
Indian Renewable Energy Development Agency Limited Financial Information (Restated)
Indian Renewable Energy Development Agency Limited's revenue increased by 21.18% and profit after tax (PAT) rose by 36.48% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Jun 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 51,208.36 | 50,446.98 | 36,708.41 | 30,293.39 |
| Revenue | 1,143.50 | 3,483.04 | 2,874.16 | 2,657.74 |
| Profit | 294.58 | 864.63 | 633.53 | 346.38 |
| Net Worth | 6,290.40 | 5,935.17 | 5,268.11 | 2,995.60 |
| Reserves | 2,550.36 | 2,310.96 | 1,776.05 | 1,386.12 |
| Borrowing | 39,941.73 | 40,165.23 | 27,613.07 | 24,000.00 |
| Amount in ₹ Crore | ||||
Strength
Weakness
Latest Announcements
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Financial Results
Lead Manager(s)
Address
Indian Renewable Energy Development Agency Limited
India Habitat Centre
East Court, Core 4A,
1stFloor, Lodhi Road, New Delhi–110003
Phone: +91 11 24682206
Email: equityinvestor2023@ireda.in
Website: https://www.ireda.in/