The details about the IREDA IPO is as:
- The issue size of the IPO is 2150.21 Cr.
- The price band for IREDA IPO is Rs 30 to Rs 32.
- The shares of IREDA IPO will list on 29th November 2023.
- The latest tentative GMP of IREDA IPO is Rs 10.
- The shares of IREDA IPO is subscribed 7.10 times as of 12:05 pm, 23rd November 2023.
IREDA IPO Valuation
The approx valuation of IREDA IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 32 |
| Existing Shares (Qty) |
228.46 Cr |
| Fresh Issue |
1290.13 Cr |
| Market Cap |
8600.85 Cr |
| EPS (FY23) |
Rs 3.78 |
| PE Ratio |
8.46x |
| Industry PE |
6.25x |
IREDA IPO Issue Size
IREDA IPO issue size is 2150.21 Cr.
| Issue |
Amount |
| Fresh Issue |
1290.13 Cr |
| Offer For Sale |
860.18 Cr |
IREDA IPO Market Lot
An Individual can apply for a minimum 1 lot of 460 shares and a maximum of 13 lots of 5980 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
460 |
14,720 |
| Maximum |
13 |
5980 |
1,91,360 |
IREDA IPO share offer
The shares of IREDA IPO is subscribed 7.10 times as of 12:05 pm, 23rd November 2023. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
4.94 Times |
| Non-Institutional |
Minimum 15% |
13.22 Times |
| Retail Individual |
Minimum 35% |
5.71 Times |
| Employee |
18,75,420 Shares |
6.92 Times |
| Total |
|
7.10 Times |
Find below the dates for IREDA IPO:
| Schedule |
Date |
| Basis of Allotment |
24 November 2023 |
| Refunds |
25 November 2023 |
| Credit to Demat Account |
28 November 2023 |
| IPO Listing Date |
29 November 2023 |
IREDA IPO allotment is out. Check the allotment of IREDA IPO by clicking on the button below.
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