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Indian Renewable Energy Development Agency Ltd IPO Share Price


IPO Date: November 21, 2023
Listing Date: [.]
Face Value: ₹10 per share
Price Band: ₹30 to ₹32 per share
Lot Size: 460 Shares
Total Issue Size: aggregating up to ₹2,150.21 Cr
Fresh Issue: aggregating up to ₹1,290.13 Cr
Offer for Sale: aggregating up to ₹860.08 Cr
Issue Type: aggregating up to Book Built Issue IPO
Listing At: aggregating up to BSE, NSE
Share holding pre issue: aggregating up to 2,284,600,000 Cr

IREDA IPO Timeline (Tentative Schedule)

IREDA IPO opens on November 21, 2023, and closes on November 23, 2023.

IPO Open Date: Tuesday, Nov 21, 2023
IPO Close Date: Thursday, Nov 23, 2023
Basis of Allotment Date: Wednesday, Nov 29, 2023
Initiation of Refunds: Thursday, Nov 30, 2023
Credit of Shares to Demat Account: Friday, Dec 1, 2023
Listing Date: Monday, Dec 4, 2023
Cut-off time for UPI mandate confirmation: 5 PM on Nov 23, 2023


Investors can bid for a minimum of 460 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application: Retail (Min) Retail (Max) S-HNI (Min) S-HNI (Max) B-HNI (Min)
Lots: 1 13 14 67 68
Shares: 460 5980 6,440 30,820 31,280
Amount: ₹14,720 ₹191,360 ₹206,080 ₹986,240 ₹1,000,960