Indian Renewable Energy Development Agency Limited IPO

BSE, NSEClosed

Nov 21, 2023Open Date

Nov 23, 2023Close Date

TBAAllotment Date

Nov 29, 2023Listing Date

Subscription Details

QIB104.57x

Employee9.80x

Retail7.73x

NIIs (Non-Institutional Investors)Main Category

24.16x

↳ NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

26.99x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

18.50x

Overall Subscription

Total Bids Received

38.80x

Updated: 10 Jul, 06:09 pm

Issue Price₹30-32 Per Equity Share

Face Value₹10 Per Equity Share

Listing AtBSE, NSE

Listing DateNov 29, 2023

RoNW

15.44%

Metric	FY 23	FY 22	FY 21
Total Assets	50446.98	36708.41	30293.39
Total Revenue	3483.04	2874.16	2657.74
Profit After Tax	864.63	633.53	346.38
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

1The Offer comprises the Fresh Issue and the Offer for Sale. The company will not receive any proceeds from the Offer for Sale. Further, the proceeds of the Offer for Sale shall be received by the Promoter Selling Shareholder and will not form part of the Net Proceeds. The company intends to utilize the net proceeds for the following objects:- (i)Augmenting the capital base to meet future capital requirements and onwardlending. (ii)The Company expects to receive the benefits of listing the Equity Shares on the Stock Exchanges, including enhancing the brand image among existing and potential customers and creating a public market for the Equity Shares in India.