Reda Dates News Today

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

Ahead of its IPO, IREDA mopped up Rs 643.26 crore from 58 anchor investors by allocating 20,10,19,726 shares at an issue price of Rs 32 apiece.

IREDA is looking to raise Rs 2,150.21 crore via its primary stake sale, which includes a fresh share sale component of Rs 1,290.13 crore and OFS of 268,776,471 shares of up to Rs 860.08 crore.