The IREDA IPO minimum market lot is 460 with ₹14,720 application amount. The IPO is a Mainline IPO, and it will be listed on BSE & NSE.
Indian Renewable Energy Development Agency (IREDA) is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy (the MNRE). The Company was notified as a“Public Financial Institution” (PFI) under Section 4A of the Companies Act, 1956 by the Department of Company Affairs, Ministry of Law, Justice and Company Affairs, Government of India on October 17, 1995 and is registered with the Reserve Bank of India (the RBI) as a Systemically Important Non-Deposit-taking Non-Banking Finance Company (a NBFC-ND-SI), with Infrastructure Finance Company (IFC) status.
IPOWatch View
We recommend investors may apply an IPO with Short-term and Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
IREDA IPO Subscription Status – Day 3
| Category | IPO Subscription Numbers |
| QIB | 104.57 |
| NII | 24.16 |
| bNII | 26.99 |
| sNII | 18.50 |
| RII | 7.73 |
| EMP | 9.80 |
| Total | 38.80 |
IREDA IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
IREDA IPO Review
- May Apply
IREDA IPO Form
How to apply for the IREDA IPO? You can apply for IREDA IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the IREDA IPO in the Invest section. The other option is you can apply for IREDA IPO via IPO forms downloaded via BSE and NSE. Check out the IREDA forms – Click BSE Forms and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
