ListedMainboardIREDA

Indian Renewable Energy Development Agency Ltd

Indian Renewable Energy Development Agency Ltd is a mainboard IPO raising ₹2,150 Cr at ₹30 – ₹32 a share. It listed on 29 Nov 2023 and trades at ₹120 today, +275.3% against its issue price of ₹32. It was subscribed 0.00× in total.

32
Issue price
120
Price now
+275.3%
Since issue price
29 Nov 2023
Listed on
0.00×Subscribed (final) · all exchanges

No bids yet

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Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹30 – ₹32
Cut-off price₹32
Issue size₹2,150 Cr
Shares per lot460
Minimum application₹14,720
Minimum quantity460
Face value₹10
Listing exchanges
ISININE202E01016
Bidding hours10:00 – 17:00 IST
Bidding window21 Nov 2023 – 23 Nov 2023

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Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.