Well-known IREDA (Indian Renewable Energy Development Agency Limited) is all set to issue its IPO this year. Here is the complete info related to IREDA IPO Date, Price, GMP Today, Listing, Allotment, Market Cap & more. This company is majorly working renewable energy sector and doing fantastic work with profitability. If you are aware of the rising use of this technology then it is the right time to invest in IREDA IPO to get the shares in your portfolio for the long term. Let’s cover all the facts and details briefly which are really important to discuss before making any decision.
IREDA IPO Date, Price, GMP Today, Listing
Surprisingly, this 11th April 2023 there was news went viral over the internet about the Initial Public Offering of IREDA. If you are one of those who got curious to know the details, this available info is helpful to you. The exact issue size is yet to come but it will be huge for sure. The DRHP will be filed soon with the Securities and Exchange Board of India (SEBI).
There is a huge possibility IREDA will open this IPO by August 2023 or the end of this year. So far the exact official date is yet to come. We are looking into it and will update the information shortly.
Now looking into the price of the shares in this IPO, it may hit the price of around Rs 50 to Rs 150 per share. If the actual price goes near this expected price level then we all can apply IREDA IPO under Rs 15,000/- budget.
Listing of this IPO will be initiated soon and the shares will be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). If you want to know everything then stay tuned with us.
The financial results of IREDA have been announced. You can download the report from the official website. The company is doing very well and maintaining its profitability and revenue as well. Over the years the company achieved a huge market capitalisation with the advancement in technology. Also, they have announced the recruitment of candidates who are interested to start a career with IREDA.