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Draft Prospectus
Indian Renewable Energy Development Agency Ltd.
Issue Open Date 21-Nov-23  
Issue Closing Date 23-Nov-23  
Application Money 100  
Allotment Money  
Price Band 30 - 32  
Minimium Application No. 460  
Issue Size (Shares) 469046031  
Market Lot 1  
Objective
1. Augment our capital base to meet our future capital requirements and on lending; and2. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   100509864   2428292620   24.1597443610112  
Qualified Institutional Buyers   134013152   14013536140   104.568364603498  
Retail Individual Investors   134013152   14013536140   104.568364603498  
Business Description
Promoter's Holding
Total Share Capital   2284600000  
Offered to Public   469046031  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   75  
Address
1 Floor
Core-4 A
India Habitat Centre
Lodhi Road
New Delhi ,
Delhi ,
110003
Phone : 011-24682206-19
Email : equityinvestor2023@ireda.in
Website : www.ireda.in
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
BOB Capital Markets Ltd
IDBI Capital Markets & Securities Ltd. (Formerly known as IDBI Capital Market Services Ltd.)
SBI Capital Markets Ltd
Promoters
President of India
 
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ATTENTION INVESTORS :   "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
ATTENTION INVESTORS :   1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 3. Pay 20% upfront margin of the transaction value to trade in cash market segment 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. "Issued in the interest of Investors"
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