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Indian Renewable Energy Development Agency Limited IPO

India Renewable Energy Development Agency Limited IPO was engaged in the government-owned company in India, fully managed by the Ministry of New and Renewable Energy. The Department of Company Affairs, part of the Ministry of Law, Justice, and Company Affairs, has officially recognized them as a "Public Financial Institution" under Section 4A of the Companies Act, 1956. They have been in the financial game for more than three decades, specializing in supporting and boosting projects related to new and renewable energy (RE) as well as energy efficiency and conservation (EEC). Their expertise lies in promoting, developing, and providing financial help for these initiatives. They have invested in a variety of renewable energy areas, covering solar and wind power, hydroelectricity, transmission, biomass (including bagasse and industrial co-generation), waste-to-energy, ethanol, compressed biogas, hybrid renewable energy, energy efficiency, and green mobility projects.

Company Promoters:

· The President of India acting through The Ministry of New & Renewable Energy, Government of India.

Objects of this Issue:

· Augmenting the capital base to meet future capital requirements and onwardlending.
· The Company expects to receive the benefits of listing the Equity Shares on the Stock Exchanges, including enhancing the brand image among existing and potential customers and creating a public market for the Equity Shares in India.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	5,04,469.83	3,67,084.05	3,02,933.91
Total Liabilities	445,118.23	314,402.92	272,977.91
Net Profit	8,646.28	6,335.28	3,463.81

Indian Renewable Energy Development Agency Limited IPO Schedule

1.     Bid or Offer Opens on: 21 November 2023
2.     Bid or Offer Closes on: 23 November 2023
3.     Finalization of BoA: 29 November 2023
4.     Initiation of Refunds: 30 November 2023
5.     Credit of share to Demat account: 01 December 2023
6.     Listing Date: 04 December 2023

Indian Renewable Energy Development Agency Limited IPO Lot Size

Market lot size of the INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Indian Renewable Energy Development Agency Limited IPO

India Habitat Centre, East Court, Core 4A,

1stFloor, Lodhi Road, New Delhi–110003, India

Phone:  +91 11 24682206/ 2468 2219

Email:  equityinvestor2023@ireda.in

Website:  www.ireda.in

Indian Renewable Energy Development Agency Limited IPO Registrar Details:

Link Intime India Private Limited

C 101, 1stFloor, 247 Park, L.B.S. Marg, Vikhroli West,

Mumbai 400 083, Maharashtra, India

Phone: +91 81 0811 4949
Email:  indianrenergy@linkintime.co.in

Website: www.linkintime.co.in