The government will offload about 3.76 crore shares, which represents 4% stake through the OFS, and in the case of oversubscription, an additional 4% stake will be under sale
IREDA shares listing: IREDA stock listed at Rs 50 on BSE, a premium of 56.25% over the IPO issue price of Rs 32. Market cap of the firm stood at Rs 13,438 crore on BSE.
IDBI Capital Markets, BoB Capital Markets and SBI Capital Markets are the book running lead managers to the issue, while Link Intime India is the registrar for the issue.