What is the price band of the Indian Renewable Energy Development Agency IPO?

The price band of the Indian Renewable Energy Development Agency IPO is ₹30 to ₹32 per share. The issue size is ₹1,506.95 crore.

What is the lot size of the Indian Renewable Energy Development Agency IPO?

One lot of the Indian Renewable Energy Development Agency IPO is 460 shares, and the minimum investment is ₹14,720 (one lot at the upper end of the price band). You bid in multiples of one lot.

When is the Indian Renewable Energy Development Agency IPO allotment and listing date?

The Indian Renewable Energy Development Agency IPO timeline is: basis of allotment on 24 Nov 2023, refunds from 28 Nov 2023, credit of shares to demat accounts on 28 Nov 2023, listing on 29 Nov 2023.

What was the listing price of the Indian Renewable Energy Development Agency IPO?

Indian Renewable Energy Development Agency shares listed at ₹50.00 on 29 Nov 2023, a gain of 56.25% over the issue price of ₹32.00.

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Indian Renewable Energy Development Agency IPO

Indian Renewable Energy Development Agency Limited

₹14,720/ 460 shares

Minimum investment

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Indian Renewable Energy Development Agency IPO Details

Bidding date

21 Nov - 23 Nov 2023

Price range

₹30 - ₹32

Minimum quantity

460

Minimum investment

₹14,720

Issue size

₹1,507 Cr.

Listing exchange

NSE/BSE

Indian Renewable Energy Development Agency IPO Dates & Timeline

21 Nov, 2023

Opening date

23 Nov, 2023

Closing date

24 Nov, 2023

Basis of allotment

28 Nov, 2023

Initiation of refunds

28 Nov, 2023

Credit of shares

29 Nov, 2023

Listing date

Indian Renewable Energy Development Agency IPO is an initial public offering of Indian Renewable Energy Development Agency Limited shares with a price band of ₹30 to ₹32 per share, which was open for bidding from 21 Nov 2023 to 23 Nov 2023. This page gives investors the IPO dates, price band, lot size, subscription status and allotment timeline.

How to Apply for Indian Renewable Energy Development Agency IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.
Open accounts:Ensure you have a demat and trading account.
Check dates:Note the IPO opening and closing dates.
Apply online:Log in to your brokerage account and complete the IPO application form.
Make payment:Pay through your linked bank account.
Submit application:Confirm and submit your application.
Track status:Monitor the allotment status and check for shares in your demat account upon listing.