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Indian Renewable Energy Development Agency Ltd

Indian Renewable Energy Development Agency Ltd IPO

IPO Price Range: ₹30 - 32

Indian Renewable Energy Development Agency Limited is a Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy. The Company is a Public Financial Institution, registered as a Systemically Important Non-Deposit taking Non-Banking Financial Company, with Infrastructure Finance Company status. The Company has over 36 years of experience in promoting, developing and extending financial assistance for new and renewable energy projects, and energy efficiency and conservation projects. It provides a comprehensive range of financial products and related services, from project conceptualisation to post-commissioning, for renewable energy projects and other value chain activities, such as equipment manufacturing and transmission.

Min Investment

₹14,720

IPO Size

₹2,150 Cr

IPO Status

Closed

Quantity in 1 Lot

460

Max Bid allowed

13

Listing Exchange

NSE

IPO Application Timeline of Indian Renewable Energy Development Agency Ltd

Open Date21 Nov 2023
Close Date23 Nov 2023
Allotment Date28 Nov 2023
Listing Date1 Dec 2023

Key Statistics

Bid Opening DateBid Opening Date21 Nov 2023
Bid Closing DateBid Closing Date23 Nov 2023
Allotment DateAllotment Date28 Nov 2023
Issue SizeIssue Size₹2,150.21Cr
Quantity in 1 lotQuantity in 1 lot460

About Indian Renewable Energy Development Agency Ltd

OrganisationIndian Renewable Energy Development Agency Ltd
HeadquartersNew Delhi
IndustryFinance

Frequently Asked Questions

  • What is the size of the Indian Renewable Energy Development Agency Ltd IPO?

    The size of the Indian Renewable Energy Development Agency Ltd IPO is ₹2,150.21Cr .

  • What is 'pre-apply' for Indian Renewable Energy Development Agency Ltd IPO?

    'Pre-apply' for Indian Renewable Energy Development Agency Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Indian Renewable Energy Development Agency Ltd IPO order be placed?

    Your Indian Renewable Energy Development Agency Ltd IPO order will be placed on 21 Nov 2023.

  • What are the open and close dates of the Indian Renewable Energy Development Agency Ltd IPO?

    The open and close dates of the Indian Renewable Energy Development Agency Ltd IPO are 21 Nov 2023 to 23 Nov 2023.

  • What is the lot size and minimum order quantity of the Indian Renewable Energy Development Agency Ltd IPO?

    The lot size and minimum order quantity of the Indian Renewable Energy Development Agency Ltd IPO are 460 and 460 respectively.

  • What would be the listing gains on the Indian Renewable Energy Development Agency Ltd IPO?

    The potential listing gains on the Indian Renewable Energy Development Agency Ltd IPO will depend on various market factors and cannot be predicted with certainty.