IREDA IPO Listing Highlights: Bumper debut on bourses, shares list at 56% premium - Buy, Sell or Hold?

IREDA IPO Listing Price NSE, BSE LIVE Updates: Shares jump 10% after listing

Shares of Indian Renewable Energy Development Agency Ltd. (IREDA) jumped over 10 per cent to trade at Rs 55.20. The share had listed at Rs 50, at a premium of around 56 per cent.

IREDA IPO Listing Price NSE, BSE LIVE Updates: Visuals of listing of IREDA on NSE 

The #NSEBell has rung in the celebration of the listing of Indian Renewable Energy Development Agency Limited (IREDA) on NSE today at our exchange @NSEIndia #NSEIndia #listing #IPO #StockMarket #ShareMarket #IREDA @ashishchauhan pic.twitter.com/QKnavM21wh

— NSE India (@NSEIndia) November 29, 2023

IREDA IPO Listing Price NSE, BSE LIVE Updates: Bumper debut on bourses

Shares of IREDA list at around 56 per cent premium on the BSE and National Stock Exchange (NSE). 

IREDA IPO Listing Price NSE, BSE LIVE Updates: Strong listing for IREDA

IREDA shares settle at Rs 50 on the BSE i.e. at a premium of 56 per cent. 

IREDA IPO Listing Price NSE, BSE LIVE Updates: Should you buy after listing? 

Zee Business Managing Editor Anil Singhvi has advised fresh buying if people can get the stock below Rs 40 after listing. 

IREDA IPO Listing Price NSE, BSE LIVE Updates: Anil Singhvi's advice to investor

Zee Business Managing Editor Anil Singhvi advised long-term investors to hold and keep this stock in their portfolio for 2-3 years.

IREDA IPO Listing Price NSE, BSE LIVE Updates: Good listing gains

Zee Business Managing Editor Anil Singhvi had advised investors to subscribe to IREDA IPO for good listing gains.  

IREDA IPO Listing Price NSE, BSE LIVE Updates: Check Anil Singhvi's view

According to Zee Business Managing Editor Anil Singhvi, the shares are expected to list around Rs 42 to Rs 45 range against the issue price of Rs 32. 

IREDA IPO Listing Price NSE, BSE LIVE Updates: IPO received strong response

IREDA IPO received a strong response from investors, especially from the QIB segment, as it was subscribed 38.80 times on the last day of bidding.

IREDA IPO Listing Price NSE, BSE LIVE Updates: What does the company do?  

The organisation offers a comprehensive array of financial products (fund- and non-fund-based) associated services, from project inception to post-completion, for renewable energy projects and related activities like equipment manufacturing and transmission.

IREDA IPO Listing Price NSE, BSE LIVE Updates: Subscribed 38.80 times

IREDA was subscribed 38.80 times on the last day of bidding on Thursday. It received bids for 18,27,24,58,560 shares against 47,09,21,451 shares on offer, as per NSE data.

IREDA IPO Listing Price NSE, BSE LIVE Updates: Book-running lead managers and registrar  

While IDBI Capital Markets & Securities, BOB Capital Markets and SBI Capital Markets are the book-running lead managers, Link Intime India is the registrar for the issue. 
 

IREDA IPO Listing Price NSE, BSE LIVE Updates: First issue by public sector enterprise since May

This is the first public issue by a public sector enterprise after Life Insurance Corporation's IPO in May last year. 

IREDA IPO Listing Price NSE, BSE LIVE Updates: Fresh issuance of shares worth Rs 1,290 crore

IREDA IPO comprises fresh issuance of shares worth Rs 1,290 crore and an offer for sale (OFS) worth Rs 860 crore.

IREDA IPO Listing Price NSE, BSE LIVE Updates: IREDA is a Mini Ratna company   

Indian Renewable Energy Development Agency (IREDA) is a state-run non-banking financial company (NBFC) and was established in 1987. It is a Mini Ratna (Category – I) Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy.