58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Indian Renewable Energy Development Agency Ltd IPO (Indian Renewable Energy Development Agency Ltd IPO) Details

Indian Renewable Energy Development Agency Ltd is an Power And Energy based company, located in New Delhi, Indian Renewable Energy Development Agency Ltd IPO size was 2150.21 Cr. and was issued at 32.00 per share. The share of Indian Renewable Energy Development Agency Ltd were listed at 59.99 per share and are currently trading at 173.41 per share.

Type :
Sub Sector : Devloping Renewable Energy Projects
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
4640.92 Cr.

PAT :
1158.64 Cr.

Pricing Report

Issue Price :
32.00

Listing Price :
59.99

Current Market Price :
173.41

Issue Price vs CMP :
141.41 (441.91%)

listing Price vs CMP :
113.42 (189.06%)

Performance Report (CAGR* wise)

CAGR : 237.57
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Indian Renewable Energy Development Agency Ltd

Company Information
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). It was notified as a "Public Financial Institution" (PFI) under Section 4A of the Companies Act, 1956 by the Department of Company Affairs, Ministry of Law, Justice, and Company Affairs, Government of India on October 17, 1995, and is registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit-taking Non-Banking Finance Company (NBFC-ND-SI) with Infrastructure Finance Company (IFC) status. The company was also conferred with Mini Ratna (Category I) status in June 2015 by the Department of Public Enterprises. Since Fiscal 2021, it has consistently been rated 'Excellent' by the MNRE for its performance
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Object of Issue
  • Augmenting the capital base to meet future capital requirements and onwardlending
  • 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

Indian Renewable Energy Development Agency Ltd MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2023
IPO Size :
2150.21 Cr.
Market Cap :
8600.85 Cr.   
IPO Subscription :
38.80 X     
PE Multiple :
127.00
Merchant Banker :
Idbi Capital Market Services Limited
IPO Registrar:
Link Intime India Private Limited
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FAQs

Indian Renewable Energy Development Agency Ltd operates in Power And Energy and Devloping Renewable Energy Projects. The Issue is listed on BSE,NSE in Nov, 2023. Indian Renewable Energy Development Agency Ltd IPO size was 2150.21 Cr. with Issue price of 32.00 .

Merchant Banker(s) of Indian Renewable Energy Development Agency Ltd IPO: Idbi Capital Market Services Limited , Bob Capital Markets Limited , SBI Capital Markets Limited

Indian Renewable Energy Development Agency Ltd IPO subscription was 38.80 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Indian Renewable Energy Development Agency Ltd IPO listed at a listing price of 59.99 against the offer price of 32.00.

The current market price of Indian Renewable Energy Development Agency Ltd is 173.41.

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