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INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED IPO

INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED was a mainboard IPO, offered at ₹30–₹32 per share to raise ₹2,150 crore. It listed on 29 Nov 2023 and closed its first day at ₹60, a listing gain of +87.5% versus the ₹32 issue price. It now trades around ₹100 (+210.9% versus the issue price).

Frequently asked questions

What were the INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED IPO listing gains?
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED listed on 29 Nov 2023, closing its first day at ₹60 — a listing gain of +87.5% versus the ₹32 issue price.
What was the price band and lot size of the INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED IPO?
The price band was ₹30–₹32 per share, with a minimum lot of 460 shares (₹14,720 at the upper band).
Who were the registrar and lead manager for the INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED IPO?
Link Intime India Private Limited was the registrar to the issue.