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IREDA IPO
Indian Renewable Energy Development Agency
IREDA IPO Details
Indian Renewable Energy Development Agency Ltd. (IREDA) is an infrastructure finance company, which provides financial assistance to renewable energy (RE) projects and energy efficiency & conservation
(EEC) projects.
... Read moreIREDA Strengths
- Track record of growth, geared towards high quality assets and diversified asset book and stable profitability
- Strategic role in Government of India’s initiatives in the RE sector
- Established & trusted brand name operating in a rapidly expanding sector
- Digitized process for borrower centricity and operational scalability, with presence across India
- Experienced senior management with in-depth sector expertise and professionally qualified employee base
IREDA Weaknesses
- General slowdown in the global economic activities
- Unfavorable government policies & regulations
- Rise/volatility in interest rates
- Unexpected rise in stressed assets
- Difficulty in maintaining the profitability
- Competition
IREDA Revenue & Profit
Revenue
Profit
Loss
All value in ₹ Thousand cr.
2.658 | +0.346 |
2.874 | 0.633 |
3.483 | 0.865 |
10
8
6
4
2
0
2021
2022
2023
IREDA IPO Dates
| Open Date | 21 November , 2023 |
| Close Date | 23 November , 2023 |
| Allotment Date | 28 November , 2023 |
| Initiation of Refunds | To be announced |
| Credit of Shares to Demat Account | 29 November , 2023 |
| Listing Date | 1st December , 2023 |
IREDA IPO Lot Size
| Minimum Lot Size | 460 |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for IREDA IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
IREDA IPO Subscription Breakup
| QIBs | 50% |
| Non-Institutional Investors | 15% |
| Retail Investors | 35% |
How to Apply for IREDA IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the IREDA IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the IREDA IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.
IREDA IPO FAQs
The IREDA IPO issue will open on 21st Nov. 2023 and close on 23rd Nov. 2023.