IREDA shares listing: IREDA stock listed at Rs 50 on BSE, a premium of 56.25% over the IPO issue price of Rs 32. Market cap of the firm stood at Rs 13,438 crore on BSE.
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.
State-owned Indian Renewable Energy Development Agency (IREDA) has mobilised Rs 643 crore from anchor investors.
The company has allotted 20,10,19,726 equity shares to 58 funds at Rs 32 apiece, which is also the upper-end of the price band.
Goldman Sachs, Integrated Core Strategies (Asia),
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.