IREDA Raises over Rs 2,000 Crore, Reinforcing Its Commitment to Clean Energy Financing - The Statesman
8 Articles
8 Articles
IREDA raises over Rs 2,000 crore, reinforcing its commitment to clean energy financing - The Statesman
The QIP, launched on June 5 and closed on June 10, saw the allotment of 12.15 crore equity shares at ₹165.14 per share—including a premium of ₹155.14 over the ₹10 face value—representing a 5% discount to the floor price of ₹173.83, the ministry said.
IREDA Raises ₹2,005.90 Crore via Qualified Institutions Placement to Boost Renewable Energy Financing
Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully concluded its Qualified Institutions Placement (QIP), raising ₹2,005.90 crore to strengthen its financial position and expand its lending capacity for India’s […] The post IREDA Raises ₹2,005.90 Crore via Qualified Institutions Placement to Boost Renewable Energy Financing appeared first on SolarQuarter.
Invest: IREDA raises Rs.2,005.9cr of Green Finance
Capital for scaling financing activities Indian Renewable Energy Development Agency Ltd (IREDA) has raised Rs.2,005.90 crore through a Qualified Institutions Placement (QIP), boosting Green Financing for investments in projects. The capital raised through this successful issue will further strengthen IREDA’s Tier-I capital and overall Capital Adequacy Ratio (CAR), enhancing the company’s capacity to support the […] Source
IREDA Share Price History: From IPO to 2025 – A Detailed Analysis
NEW DELHI (India CSR): In the vibrant landscape of India’s renewable energy sector, the Indian Renewable Energy Development Agency Limited (IREDA) stands as a linchpin, financing projects that power the nation’s green revolution. Established in 1987, IREDA has evolved from a government-backed entity to a publicly listed company, with its share price serving as a barometer for the renewable energy financing sector. Since its initial public offeri…
IREDA raises over Rs 2,000 cr via QIP route
NEW DELHI, June 11: State-owned IREDA has raised over Rs 2,000 crore through the issuance of qualified institutions placement. The qualified institutions placement (QIP) issue, which was open from June 5-10, received an encouraging response from both domestic and foreign qualified institutional buyers (QIBs), including insurance companies, scheduled commercial banks and foreign portfolio investors. The board has approved the allotment of equi…
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