IREDA IPO: GMP, price, date, review, Apply or not?

The biggest breaking news in the market is here. The IREDA IPO opens today. Yes, the initial public offering (IPO) of the Indian Renewable Energy Development Agency finally opens on 21st November 2023, Tuesday. It is going to remain open till 23rd November 2023, Thursday this week. The shares of the state-owned company which is officially available at the premium of Rs. 7 in the grey market today. Now in this article, we are going to tell you about the GMP, price, date, review, and some other details of the IRED IPO subscription which has opened today. And also going to suggest whether you should apply or not, so read this article very carefully.

IREDA IPO

India Renewable Energy Development Agency (IREDA) has finally opened its initial public offering (IPO). This officially hit the market on 21st November 2023, Tuesday which means today and it is going to remain open till 23rd November 2023, Thursday. According to the market source, the PSU has now fixed the price band of the IREDA IPO. So if we take a look at the IREDA IPO price band it has been fixed at Rs. 30 to Rs. 32 per equity share and the official book build has been missed and it is proposed for the listing on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

IREDA is currently aiming to raise Rs. 2,150.21 crore from the IPO. On the other hand, the company’s IPO date of opening in the grey market has currently remained bullish on the initial offer. As per the experts, the shares of IREDA Ltd. are available at the premium of Rs. 7 in the grey market on 21st November 2023, Tuesday. Scroll down to the next paragraph to learn more about the IREDA IPO’s important details.

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Now if we focus on some important details of the IREDA IPO the the first thing is IREDA IPO GMP today, the shares of the IREDA are available at the premium of Rs. 7 in the grey market. A second important detail is IREDA IPO lot size so the bidder is completely able to apply in the lots and one lot of the IPO which comprises to total of 460 company shares. The IREDA IPO size is the third main important detail as the public limited government company is aiming to raise around 2,150,21 crore from the public offer. the allotment date of the IREDA IPo will be either 24th November 2023 or maybe it will 27th November 2023. The listing date of the IREWDA is on 28th November 2023.

Prakash Israni
Prakash Israni

Prakash, the content creator for Techballad, has built a solid reputation for himself over the course of more than ten years of blogging