In this article, we will talk about the IREDA IPO. Indian Renewable Energy Development Agency (IREDA) is a public limited government company. It was founded as a Non-Banking Financial institution in 1987 and engaged in promoting, developing, and growing financial assistance for setting up projects connecting to new and renewable sources of energy efficiency with the motto. Reportedly, IREDA’s initial public offering (IPO) closed on Thursday. As per the IRDEA subscribed 38.80 times whereas its retail piece was subscribed 7.73 times. Now many people are super curious to know about the whole information about it. Here we have more information about the news and we will share it with you in this article.
In the wake of the T-3 schedule, the IREDA IPO funding date is probably November 28, 2023, if the allotment is not declared today. Likewise, the date of the IREDA IPO listing is most likely on 29th November 2023 i.e. on Wednesday upcoming week. Meantime, after a powerful IREDA IPO subscription status, the grey market has gone also bullish on the public offer. Market observers reported that IREDA Ltd shares have been available at a premium of ₹13 in the grey market today. Scroll down to the next page for more information about the news.
IREDA IPO GMP today
Market observers stated that the IREDA IPO has obtained a powerful reaction from investors and this could be the possible reason for the height in grey market sentiments in regard to the book issue. This stated that IREDA IPO GMP has grown from ₹7 to ₹13 in the last week, which talks volumes about the buzz in regard to IREDA IPO in the primary market. But, the stock market specialists held that GMP is not an ideal indicator of the success or failure of an IPO.So please read the complete article till the end.
IREDA IPO subscription status
After three days of bidding from 21 November 2023 to 23rd November 2023, IREDA IPO subscription status offers that the public issue got subscribed 38.80 whereas its retail portion got subscribed 7.73 times.
IREDA IPO allotment status BSE
1] Login at direct BSE link- bseindia.com/investors/appli_check.aspx;
2] Choose IREDA IPO;
3] Join the IREDA IPO application number;
4] Enter your PAN details;
5] Click on ‘I’m not a robot’; and
6] Click on the ‘Submit’ button.
IREDA IPO allotment status Linkintime
1] You need to log in at direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html
2] Choose IREDA IPO;
3] Enter your PAN details; and
4] Click on the ‘Search’ option.
Your IREDA IPO allotment status will be open soon on the computer monitor or smartphone screen.