STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Indian Renewable Energy Development Agency Limited IPO Review & Recommendations

 

Get Real-Time Updates on stock market trends and news

Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.

Join WhatsApp Channel

Indian Renewable Energy Development Agency Limited IPO

November 21, 2023 - November 23, 2023 Closed

Indian Renewable Energy Development Agency Limited IPO Review

Indian Renewable Energy Development Agency Limited IPO was They're a government-owned enterprise in India, fully under the Ministry of New and Renewable Energy's wing. The Department of Company Affairs recognized them as a "Public Financial Institution" in 1995. Indian renewable energy development agency ltd has been in the financial game for more than 36 years, specializing in supporting and funding projects related to new and renewable energy as well as energy efficiency and conservation.

They offer a full spectrum of financial products and services, covering everything from planning projects to managing them after they're up and running. This includes supporting not only renewable energy projects but also activities like making equipment and handling transmission. They offer a full spectrum of financial products and services, covering everything from planning projects to managing them after they're up and running. This includes supporting not only renewable energy projects but also activities like making equipment and handling transmission.

Indian Renewable Energy Development Agency Limited Products and Services

Indian Renewable Energy Development Agency Limited funded projects in various renewable energy areas like solar power, wind power, hydropower, transmission, biomass (including bagasse and industrial co-generation), waste-to-energy, ethanol, compressed biogas, hybrid renewable energy, energy efficiency and conservation, and green mobility. Additionally, they provide financial support for upcoming technologies like biofuel, green hydrogen, derivatives, battery energy storage systems, fuel cells, and hybrid renewable energy projects.

indian renewable energy devt.agency ltd provide a wide range of financial products and services, including different types of fund-based and non-fund-based options. For renewable energy developers, their main fund-based offerings include long-term, medium-term, and short-term loans for various purposes like projects, manufacturing, and equipment financing. They also have top-up loans, bridge loans, takeover financing, and loans secured against future cash flows. indian renewable energy development agency limited ipo extend lines of credit to other financial institutions for them to lend to renewable energy and energy efficiency projects. Additionally, they offer loans to government entities and have financing plans specifically designed for suppliers, manufacturers, and contractors in the renewable energy sector.

Financial Overview

IREDA is a top player in financing and advising on renewable energy, and it's a government-owned enterprise. It has been showing growth in both its revenue and profits. Looking at the earnings projected for the coming year, the investment seems to be reasonably valued, but it is more of a marathon than a sprint. If you know your stuff, it could be a good idea to invest in this for the long haul.


Frequently Asked Question

The IPO price is often determined through a process where the company and its underwriters assess market demand.
Market lot size of the Indian Renewable Energy Development Agency Limited IPO is 460 shares.
Post-issue shareholdings of Indian Renewable Energy Development Agency Limited IPO promoters are [.]%.
Face value of equity shares of Indian Renewable Energy Development Agency Limited IPO is ₹10.
Indian Renewable Energy Development Agency Limited IPO will be closed on 23 November 2023.
The meaning of " Indian Renewable Energy Development Agency Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Indian Renewable Energy Development Agency Limited IPO on the current day.
Indian Renewable Energy Development Agency Limited IPO will get listed on November 29, 2023.
Indian Renewable Energy Development Agency Limited IPO shares will get listed at NSE, BSE.
Companies go public to raise capital for various reasons, such as expanding operations, paying off debts, or funding research and development.
Link Intime India Private Limited the registrar of Indian Renewable Energy Development Agency Limited IPO.
If you do not get the allotment of Indian Renewable Energy Development Agency Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Pre-issue shareholdings of Indian Renewable Energy Development Agency Limited IPO promoters are 100%
You can apply for an IPO from any place by using the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Indian Renewable Energy Development Agency Limited IPO by using any one of these methods at your convenience.
You will receive the allotted shares in your Demat account on November 15, 2023.
Indian Renewable Energy Development Agency Limited IPO customer care number is + 9111-24347729.
Price of 1 share of Indian Renewable Energy Development Agency Limited IPO is ₹30 to ₹32.
Indian Renewable Energy Development Agency Limited IPO is going to open on 21 November 2023.
Comments for Indian Renewable Energy Development Agency Limited IPO Review & Recommendations

0 comments