| Company Name | Indian Renewable Energy Development Agency Limited |
| Open Date | 21-11-2023 |
| Close Date | 23-11-2023 |
| Exchange | BSE, NSE |
| Lot Size | 460 Shares |
| Issue Price | ₹ 30 to ₹ 32 per share |
| Issue Size | 67,19,41,177 Equity Shares |
| Application Amount | Min. Inv. - ₹ 14,720 (460 shares) Max. Inv. – ₹ 1,91,360 (5,980 shares) |
| Recommendation | Apply |
Indian Renewable Energy Development Agency Limited was originally incorporated in the year 1987 and has its registered office in New Delhi. The company is wholly owned by the Government of
India. The company is a financial institution in the business of promoting, developing and extending financial assistance for new and renewable energy projects, and energy efficiency and conservation projects. The company has financed projects across multiple RE sectors such as solar power, wind power, hydropower, etc. As of 30th September 2023, the Company had 152 employees on its payroll.
| For the Period Ended | Mar-2 1 | Mar-22 | Mar-23 | Sep-23 |
| Total Assets | 30,293 | 36,708 | 50,446 | 51,208 |
| Net Assets | 2,995 | 5,268 | 5,935 | 6,580 |
| Total Borrowings | 24,000 | 27,613 | 40,165 | 39,850 |
| Total Revenue | 2,657 | 2,874 | 3,483 | 2,320 |
| Profit After Tax | 346 | 633 | 864 | 579 |
| Opening Date | 21/11/2023 |
| Closing Date | 23-11-2023 |
| Basis of Allotment | 29-11-2023 |
| Initiation of Refunds | 30-11-2023 |
| Credit of Shares to Demat | 01-12-2023 |
| Listing Date | 04-12-2023 |
| Augmenting the capital base to meet future capital requirements. |
| Expect to receive the benefits of listing the Equity Shares on Stock Exchange. |
| Registered Office | Indian Renewable Energy Development Agency Ltd India Habitat Centre East Court, Core 4A, 1stFloor, Lodhi Road, New Delhi–110003 |
| Phone | +91 11 24682206 |
| equityinvestor2023@ireda.in | |
| Website | https://www.ireda.in/ |
| IREDA DRHP |
| IREDA RHP |
| Name | Link Intime India Private Limited |
| Phone | +91-22-4918 6270 |
| indianrenergy@linkintime.co.in | |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Share Holding Pre Issue (Promoters) | 100% |
| Share Holding Post Issue (Promoters) | 75% |