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Indian Renewable Energy Development Agency IPO
₹60.00
+87.50% on listing
Listing-day close · NSE · 29 Nov 2023 · issue price ₹32
Indian Renewable Energy Development Agency’s ₹2,150 crore IPO was priced at ₹32 a share. It listed on the NSE on 29 Nov 2023 and closed its first day at ₹60.00, up 87.50% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹2,150 Cr
- Fresh issue
- ₹1,290 Cr
- Offer for sale
- ₹860 Cr
- Lot size
- 460 shares
- Minimum investment
- ₹14,720
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 27.35× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹8,601 Cr
- P/E (post-issue)
- 7.4
- ROE
- 15.44%
- Debt to equity
- 6.77
- Promoter holding
- 100.00% → 75.00%
From the offer documents.
Listing
- Listing date
- 29 Nov 2023
- Issue price
- ₹32
- Open
- ₹50.00
- High
- ₹60.00
- Low
- ₹50.00
- Close
- ₹60.00
Listing day on the NSE. The close was +87.50% on the issue price.
IREDA share price todayFAQs
When did the Indian Renewable Energy Development Agency IPO open and close?
It opened on 21 Nov 2023 and closed on 23 Nov 2023.
What was the Indian Renewable Energy Development Agency IPO price?
The price band was ₹30–32 a share. The final issue price was ₹32.
What is the lot size and minimum investment?
One lot is 460 shares, ₹14,720 at ₹32 a share. Retail investors apply in whole lots.
How much did Indian Renewable Energy Development Agency raise?
₹2,150 crore: ₹1,290 crore of new shares and ₹860 crore offered by existing shareholders.
How many times was the Indian Renewable Energy Development Agency IPO subscribed?
27.35 times overall.
How did Indian Renewable Energy Development Agency list?
It listed on the NSE on 29 Nov 2023 at ₹50.00 and closed the day at ₹60.00, up 87.50% on the ₹32 issue price.
Who is the registrar of the Indian Renewable Energy Development Agency IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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