Indian Renewable Energy Development Agency (IREDA), which is a government-owned entity, under the Ministry of New and Renewable Energy is responsible for promoting energy development in India. It holds the status of a Public Financial Institution. Is recognized as a Systemically Important Non-Banking Finance Company, by the Reserve Bank of India. IREDA attained Mini Ratna (Category I) status in June 2015.
IREDA, with more than three decades of experience, concentrates on the promotion, development, and financial support for projects related to renewable energy (RE) as well, as energy efficiency and conservation (EEC). Indian Renewable Energy Development Agency presently holds a portfolio of term loans, which totals ₹472,066.63 million as of June 30th, 2023.
IREDA has provided funding, for projects in energy sectors such as solar power, wind power, and biomass. In addition to that, they also offer support for emerging technologies like biofuel, hydrogen, and battery energy storage systems. Their financial products include a variety of loan options with timeframes. Term medium-term and short-term loans. They also provide consulting services, on techno matters related to the energy sector.
IREDA has played a role, in the government’s efforts to promote and advance the renewable energy sector. It has been actively involved in the implementation of initiatives. Has gained recognition as the agency responsible, for managing funds and coordinating various programs.
IREDA, besides offering services also possesses a photovoltaic project with a capacity of 50 MW located at Kasaragod Solar Park, in Kerala. This project was commissioned in September 2017. Contributes electricity to the grid of the Kerala State Electricity Board generating a revenue of ₹76.56 million during the three months that ended on June 30, 2023.
Indian Renewable Energy Development Agency (IREDA) IPO Complete Details:
Indian Renewable Energy Development Agency (IREDA) IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Indian Renewable Energy Development Agency (IREDA) is Around 04 Rs.
Objects Of Issue:
The company will not receive any proceeds from the Offer for Sale.
Promoters:
The promoter is the President of India, acting through the Ministry of New and Renewable Energy, Government of India. The promoter, along with its seven nominees, currently holds 100.00% of the pre-offer paid-up equity share capital of the company.
FAQs:
When Indian Renewable Energy Development Agency (IREDA) IPO is Opening?
Indian Renewable Energy Development Agency (IREDA) IPO is Opening on 21 November 2023.
When is the Indian Renewable Energy Development Agency (IREDA) IPO Closing?
Indian Renewable Energy Development Agency (IREDA) IPO is Closing on 23 November 2023.
What is the Issue Size of the Indian Renewable Energy Development Agency (IREDA) IPO?
The IPO Issue Size of the Indian Renewable Energy Development Agency (IREDA) is 2,150.21 Crore.
Price Band of Indian Renewable Energy Development Agency (IREDA) IPO?
The price Band of Indian Renewable Energy Development Agency (IREDA) IPO is 30 to 32 rupees per share.
What is the minimum investment for an Indian Renewable Energy Development Agency (IREDA) IPO?
The minimum investment for the Indian Renewable Energy Development Agency (IREDA) IPO is 14,720 Rupees.
Allotment Date of Indian Renewable Energy Development Agency (IREDA) IPO?
The Allotment of Indian Renewable Energy Development Agency (IREDA) IPO is on 29 November 2023.
Listing Date of Indian Renewable Energy Development Agency (IREDA) IPO?
The Listing Of Indian Renewable Energy Development Agency (IREDA) is Scheduled on 04 December 2023.
One Should Apply for Indian Renewable Energy Development Agency (IREDA) IPO or Not?
will update soon
How to apply for an Indian Renewable Energy Development Agency (IREDA) IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Indian Renewable Energy Development Agency (IREDA) IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for an Indian Renewable Energy Development Agency (IREDA) IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Indian Renewable Energy Development Agency (IREDA) IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for an Indian Renewable Energy Development Agency (IREDA) IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Indian Renewable Energy Development Agency (IREDA) IPO from the list ——–> Click on Indian Renewable Energy Development Agency (IREDA) IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of the Indian Renewable Energy Development Agency (IREDA)?
IDBI Capital Market Services Limited, BOB Capital Markets Limited, and SBI Capital Markets Limited are the Lead Managers of the Indian Renewable Energy Development Agency (IREDA).
Where To Check the Allotment of Indian Renewable Energy Development Agency (IREDA) IPO?
The allotment status for the Indian Renewable Energy Development Agency (IREDA) IPO will be accessible on the Link Intime India Private Limited Website.
Indian Renewable Energy Development Agency (IREDA) IPO is going to be listed at?
Indian Renewable Energy Development Agency (IREDA) IPO is going to be listed at BSE NSE.
What is the Lot Size of the Indian Renewable Energy Development Agency (IREDA) IPO?
The lot size of the Indian Renewable Energy Development Agency (IREDA) IPO is 460 Shares.
What is the EPS of the Indian Renewable Energy Development Agency (IREDA) IPO?
The EPS of the Indian Renewable Energy Development Agency (IREDA) is 3.78 Rupees.
What is the P/E Ratio of the Indian Renewable Energy Development Agency (IREDA) IPO?
The P/E Ratio of the Indian Renewable Energy Development Agency (IREDA) is 8.47.
What is the ROE of the Indian Renewable Energy Development Agency (IREDA) IPO?
The ROE of the Indian Renewable Energy Development Agency (IREDA) is 15.44%.
