Indian Renewable Energy Development Agency Ltd IPO is a Book Building 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 posted revenues of ₹ 4640.92 crores and PAT of ₹ 1158.64 crores in FY24 on annualised basis.Financial results of Indian Renewable Energy Development Agency Ltd IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
Financials | Sep-23 | FY23 | FY22 | FY21 | |
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Balance Sheet
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Assets | 51256.49 | 50446.98 | 36708.40 | 30293.39 | |
Net Worth | 6580.61 | 5935.16 | 5268.11 | 2995.60 | |
Total Debt | 39850.19 | 40165.28 | 27613.07 | 24000.00 | |
Profit & Loss
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Revenue
Revenue on annualised basis |
2319.83
4,639.66 |
3483.04 | 2874.15 | 2657.74 | |
EBITDA
EBITDA on annualised basis |
2312.03
4,624.06 |
3150.79 | 2329.77 | 2031.39 | |
PAT
PAT on annualised basis |
579.31
1,158.62 |
864.62 | 633.52 | 346.38 |
Indian Renewable Energy Development Agency Ltd IPO PAT Margin is 24.97 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Indian Renewable Energy Development Agency Ltd IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
Particulars | Sep-23 | FY23 | FY22 | FY21 |
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EBITDA Margin (%) | 99.66 | 90.46 | 81.06 | 76.43 |
PAT Margin (%) | 24.97 | 24.82 | 22.04 | 13.03 |
EPS (₹) | 2.54 | 3.78 | 8.03 | 4.41 |
ROE (%) | 8.80 | 14.57 | 12.03 | 11.56 |
ROCE (%) | [●] | [●] | [●] | [●] |
ROA (%) | 1.13 | 1.71 | 1.73 | 1.14 |
Debt to Equity | 6.06 | 6.77 | 5.24 | 8.01 |
The market Capitalisation of Indian Renewable Energy Development Agency Ltd IPO is ₹ 8600.85 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Indian Renewable Energy Development Agency Ltd IPO prospectus highlights an Return on Equity (ROE) of 8.80 % , Return on Assets (ROA) of 1.13 %, and an EBITDA Margin of 99.66 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Indian Renewable Energy Development Agency Ltd IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Indian Renewable Energy Development Agency Ltd IPO is ₹ 8600.85 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Indian Renewable Energy Development Agency LtdIPO has a Price-to-Earnings (PE) ratio of 127.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Indian Renewable Energy Development Agency Ltd IPO reported revenue of ₹ 4640.92 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Indian Renewable Energy Development Agency Ltd IPO provide insights into sales growth, market demand, and business scalability.
Indian Renewable Energy Development Agency Ltd recorded an EBITDA of ₹ 4,624.06 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Indian Renewable Energy Development Agency Ltd Profit After Tax (PAT) is ₹ 1,158.62 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
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 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 170.39.
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