Emerging Equity News Today

Tibrewal took over the management of two funds - Kotak Emerging Equity and Kotak Small Cap Fund - in 2010. Today, Kotak Emerging Equity fund has grown from Rs 113 crore to Rs 36,000 crore and is the countrys second-largest midcap fund

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.

IREDA shares zoomed 87.5% intraday to Rs 60 against the IPO price of Rs 32 on NSE. Market cap of the firm stood at Rs 16,126 crore on NSE.

The initial public offering (IPO) of the state-owned Indian Renewable Energy Development Agency (IREDA) witnessed a robust response from investors during its bidding process.

State-owned Indian Renewable Energy Development Agency (IREDA) has mobilised Rs 643 crore from anchor investors. The company has allotted 20,10,19,726 equity shares to 58 funds at Rs 32 apiece, which is also the upper-end of the price band.  Goldman Sachs, Integrated Core Strategies (Asia),

Indian Renewable Energy Development Agency (IREDA) IPO continued to receive a robust response from investors. The issue was subscribed 4.56 times on the second day of bidding, November 22, 2023.

Incorporated in 1987, Indian Renewable Energy Development Agency is a government company, which has a miniratna status government enterprise.

Ahead of the IPO, the Mini-Ratna government enterprise mopped up Rs 643.26 crore from 58 anchor investors

IREDA IPO opens for subscription: Several investors would be looking to subscribe to the issue, given the red-hot momentum in the IPO market. To help investors make up their minds, we have compiled a complete list of brokerage previews and other key details about the IREDA IPO.

IREDA IPO | The IPO comprises a fresh issue of 40.31 crore equity shares worth Rs 1,290.13 crore by the company, and an offer-for-sale of 26.87 crore shares worth Rs 860.08 crore by the Government of India