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Indian Renewable Energy Development Agency Limited

Indian Renewable Energy Development Agency Limited

Company website
Subscription runs from 21-11-2023 to 23-11-2023, with allotment expected on 25-11-2023.
Indian Renewable Energy Development Agency Limited is seeking ₹67,19,41,177 crore — a fresh issue of ₹40,31,64,706 crore plus OFS of ₹26,87,76,471 crore. Expect market interest to determine final listing performance.
Start Date21-11-2023
End Date23-11-2023
Listing Date29-11-2023
Allotment Date25-11-2023
Current Price₹50
GMP₹13.50 (42.19%)
Lot Size460 Shares
Subscription38.8 Times
Face Value₹10 Per Equity Share
Listing atNSE, BSE
Issue Price₹30 - ₹32
Pre Issue₹2,28,46,00,000
Post Issue₹2,68,77,64,706
Issue Size₹67,19,41,177
(aggregating up to 2150.21 Cr)
Fresh Issue₹40,31,64,706
(aggregating up to 1290.13 Cr)
Offer For Sale₹26,87,76,471
(aggregating up to 860.08 Cr)
The Grey Market Premium (GMP) for Indian Renewable Energy Development Agency Limited is currently around ₹13.50 (42.19%). This indicates an estimated listing price of approximately ₹43.50 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.

Gmp Details

Last UpdatedIPO PriceGMPEstimated Listing Price
04 Apr 2025, 09:07
₹32
₹13.50
₹45.50 (42.19%)
17 Mar 2025, 09:42
₹32
₹13.50
₹45.50 (42.19%)

Financials overview In Crores

Here is a quick look at the recent financial performance of Indian Renewable Energy Development Agency Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.

Key Performance

KPIValues
EPS
3.78
ROE
15.44
ROCE
0
RONW
15.44
PRE IPO(PE)
8.47
POST IPO(PE)
7.42

Subscription Demand (in ₹ Crore)

CategoryOfferedDemandTimes
QIBs
₹428.84
44843.32
104.57
RETAIL
₹750.47
5799.28
7.73
NIB
₹321.63
7770.51
24.16
HNIs 2+
₹107.21
1983.89
18.50
HNIs 10+
₹214.42
5786.62
26.99
EMPLOYEES
₹6
58.79
9.80
Total
₹1,506.94
58471.90
38.80
The IPO reservation for Indian Renewable Energy Development Agency Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.

IPO Reservation

CategoryShares OffersNo. of Shares
Retail
49.80%
23,45,23,015
NII(HNI)
21.35%
10,05,09,864
QIB
28.45%
13,40,13,152
Employees
0.40%
18,75,420
TOTAL
100.00%
47,09,21,451

Lot(s) Distribution

CategoryLot(s)QtyAmountReserved
Retail (Min)
1
460
₹14,720
0
sHNI
14
6,440
₹2,06,080
0
bHNI
68
31,280
₹10,00,960
0
Below you can find the official contact details of Indian Renewable Energy Development Agency Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.

Company Details

Phone: +91 11 24682206
Address: India Habitat Centre East Court, Core 4A, 1stFloor, Lodhi Road, New Delhi–110003

IPO Registrar

Name: Link Intime India Private Ltd
Phone: +91-22-4918 6270