Indian Renewable Energy Development Agency Ipo

Welcome to indian renewable energy development agency limited.

Indian renewable energy development agency ipo. State run indian renewable energy development agency has filed draft papers with markets regulator sebi to float an initial public offering the proposed share sale comes at a time when the government is working on ramping up renewable energy generation capacity as part of larger efforts to increase clean energy portfolios. In fact the company has also filed a first cut of prospectus in december 2017. State run indian renewable energy development agency ireda has filed draft papers with markets regulator sebi to float an initial public offering. The approval was for 13 90 crore equity shares.

This will be around worth rs 750 crore. The initial public offer will see sale of 13 90 crore. The ireda ipo will see sale of 13 90 crore equity shares of indian renewable energy development agency and includes a reservation of up to 6 95 lakh equity shares for eligible employees. Indian renewable energy development agency is planning to raise funds via an ipo in the calendar year 2018.

The union cabinet approved the ipo of indian renewable energy development agency ireda which is expected to enable the state run entity. State run indian renewable energy development agency has filed draft papers with markets regulator sebi to float an initial public offering. State run indian renewable energy development agency ireda has filed draft papers with markets regulator sebi to float an initial public offering.

The proposed share sale comes at a time when the government is working on ramping up renewable energy generation capacity as part of larger efforts to increase clean energy portfolios.