Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). As a specialised non-banking financial institution, it plays a pivotal role in India’s transition to green energy.

This page serves as a comprehensive hub for investors seeking a detailed IREDA stock analysis, providing all essential tools to track the IREDA share price and its contribution to the renewable energy sector.

About IREDA

Established in 1987, IREDA was formed to promote, develop, and extend financial assistance for setting up projects relating to new and renewable sources of energy. It is the only dedicated "Green Window" for financing renewable energy in India.

Headquartered in New Delhi, the agency has spent over three decades acting as a catalyst for energy efficiency and conservation. IREDA is instrumental in achieving India's climate goals, providing much-needed capital to projects that reduce carbon footprints across the nation.

IREDA Business Model

IREDA operates as a high-impact financial intermediary. Its business model is centered on the sustainable financing of the renewable energy value chain:

• Project Financing: Providing term loans for renewable energy projects including Solar, Wind, Hydro, Biomass, and Waste-to-Energy.

• Manufacturing Finance: Extending credit to manufacturers of renewable energy equipment and components.

• Emerging Technologies: Financing new-age sectors like Green Hydrogen, Battery Energy Storage Systems (BESS), and Electric Vehicle (EV) infrastructure.

• Financial Intermediation: Borrowing from domestic and international markets (such as the World Bank, ADB, and KfW) to provide low-cost financing to green projects.

• Consultancy Services: Offering technical and financial consultancy for renewable energy development.

IREDA IPO and Listing Details

IREDA’s entry into the public markets in 2023 was a landmark event, being the first IPO by a public sector enterprise (PSU) in several years. The listing was met with overwhelming demand from both retail and institutional investors.

• IPO Listing Year: 2023

• IPO Price: Rs 32 per share

• Listing Date: 29 November 2023

• Listing Price: Rs 50 per share (on NSE)

• Listing Gain: Approximately 56% on the day of listing.

• Face Value: Rs 10 per share

• ISIN: INE202E01016

• Listing Exchanges: BSE and NSE

• BSE Scrip Code: 544026

• NSE Symbol: IREDA

Investor Resources Available on This Page

We believe in empowering retail investors with professional-grade data to perform an accurate Indian Renewable Energy share price analysis. On this page, you can access:

• Price Chart: Track the historical movement of the IREDA share price since its debut. (data delayed by 15 minutes).

• Company Ratios: Evaluate performance metrics such as Price-to-Earnings (PE), Return on Equity (ROE), and Net Interest Margin (NIM).

• Quarterly Results: Review the latest financial performance, including revenue growth and Net Profit After Tax (PAT).

• Balance Sheet: Analyse the company’s capital structure, borrowing profile, and asset quality (GNPA/NNPA).

• Annual Reports: Download official annual reports and investor presentations for qualitative insights into future growth.

• Shareholding Pattern: Check ownership details, including the Government of India's stake and institutional participation (FII/DII).

• Pros & Cons: A simplified summary of the company’s strengths (e.g., PSU status and niche market) and potential risks (e.g., sector-specific concentration).

Frequently Asked Questions (FAQs)

Q1. What is the IREDA share price today?
The current IREDA share price is displayed at the top of this page. Please note that the interactive price chart is delayed by 15 minutes.

Q2. Who owns IREDA?
IREDA is a Government of India enterprise. The President of India, through the Ministry of New and Renewable Energy, holds the majority stake in the company.

Q3. What was the IPO price of IREDA?
The IREDA IPO was issued at a price of Rs 32 per share in November 2023.

Q4. Does IREDA pay dividends?
As a profitable PSU, IREDA traditionally follows the Government of India guidelines regarding dividend distribution to shareholders.

Q5. Where are IREDA shares listed?
IREDA shares are listed and traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Q6. What is the face value of IREDA shares?
The face value of each equity share is Rs 10.

Q7. How can I download the IREDA Annual Report?
You can easily download the latest Annual Report and financial disclosures from the "Reports" or "Documents" section available on this page.