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Indian Renewable Energy Development Agency Ltd IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 2150.21 Cr. The company is based in New Delhi and caters to Power And Energy sector. Idbi Capital Market Services , Bob Capital Markets , SBI Capital Markets are the merchant bankers of Indian Renewable Energy Development Agency Ltd IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th September 2023.
Indian Renewable Energy Development Agency Ltd IPO open date is 21st November 2023 and close date is 23rd November 2023. IPO Allotment Date is 24th November 2023 and Listing date is 29th November 2023.
IPO
Size:
₹ 2150.21 Cr.
Avg IPO Size (Sector Based)
: ₹
3,279.05 cr.
Sector: Power And Energy
IPO so far:
20
Merchant Banker:
Idbi Capital
IPO by BRLM so far:
30
City:
New Delhi
IPO so far:
123
Revenue (annualised):
₹
4640.92
cr. 
PE
Ratio:
127.00x
Average Sector PE Ratio: 19.22x
Indian Renewable Energy Development Agency Ltd IPO size is ₹ 2150.21 Cr. with IPO price of ₹ 32.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Idbi Capital Market Services Limited is the book-running lead manager of the Indian Renewable Energy Development Agency Ltd IPO. Link Intime India Private Limited is the Registrar for Indian Renewable Energy Development Agency Ltd IPO.
Indian Renewable Energy Development Agency Ltd IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Indian Renewable Energy Development Agency Ltd IPO, based in New Delhi, operates in the Power And Energy sector with a focus on Devloping renewable energy projects. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Indian Renewable Energy Development Agency Ltd IPO size is ₹ 2150.21 Cr. with fresh issue size of ₹ 1290.13 Cr. and Offer for sale being ₹ 860.08Cr.
The IPO allotment date for Indian Renewable Energy Development Agency Ltd IPO is expected to be 24th November 2023, after the finalization of basis of allotment. Investors can check Indian Renewable Energy Development Agency Ltd IPO allotment status on the registrars website, Link Intime India Private Limited . Indian Renewable Energy Development Agency Ltd IPO refund dates are 25th November 2023.
Indian Renewable Energy Development Agency Ltd IPO is expected to be listed on 29th November 2023.
The upper price band for the Indian Renewable Energy Development Agency Ltd IPO is set at ₹ 32.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Indian Renewable Energy Development Agency Ltd IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Indian Renewable Energy Development Agency Ltd IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 23rd November 2023. After submission, funds are blocked until the basis of allotment of Indian Renewable Energy Development Agency Ltd IPO is finalised.
The merchant banker for Indian Renewable Energy Development Agency Ltd IPO is Idbi Capital Market Services Limited , Bob Capital Markets Limited , SBI Capital Markets Limited . Idbi Capital Market Services Limited , Bob Capital Markets Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Indian Renewable Energy Development Agency Ltd IPO RHP for further details.
The registrar for Indian Renewable Energy Development Agency Ltd IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Indian Renewable Energy Development Agency Ltd IPO through their official website or helpline.
Indian Renewable Energy Development Agency Ltd IPO was subscribed 38.80 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 2150.21 Cr.
Avg IPO Size (Sector Based)
:
₹ 3,279.05 Cr.
Sector: Power And Energy
IPO so far:
20
Merchant Banker:
Idbi Capital
IPO by BRLM so far:
30
City:
New Delhi
IPO so far:
123
Revenue (annualised):
₹ 4,639.66 cr.
PE
Ratio:
127.00x
Average Sector PE Ratio: 19.22x
Indian Renewable Energy Development Agency Ltd IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Indian Renewable Energy Development Agency Ltd Financial Review Page
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 174.87.
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