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State-run IREDA raises Rs 643 crore from anchor investors

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),
Societe Generale Max Life Insurance Company Renewable Energy Goldman Sachs Capital Markets Securities Ltd Mutual Fund

Initial Public Offering: IREDA fixes price band at Rs 30-32 per share for Rs 2,150 crore IPO

The public issue of face value of Rs 10 per equity share comprises fresh issuance of equity shares up to 403.16 million and an Offer for Sale (OFS) of up to 268.78 million shares aggregating to up to 671.94 million equity shares, the government-owned company said.
Andhra Pradesh Tamil Nadu Union Territories Capital Markets Ltd Capital Markets Securities Ltd Indian Renewable Energy Development Agency Ltd

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