Investors who have booked profits on listing gains will be liable to pay a short-term capital gains tax of 15%, said Nirav R Karkera (Head - Research, Fisdom)
The initial public offering (IPO) of the state-owned Indian Renewable Energy Development Agency (IREDA) witnessed a robust response from investors during its bidding process.
Indian Renewable Energy Development Agency (IREDA) IPO continued to receive a robust response from investors. The issue was subscribed 4.56 times on the second day of bidding, November 22, 2023.