IREDA IPO opens on November 21: Should you subscribe to the Rs 2,150-crore!
Mon, Nov 20, 2023 3:59 PM

IREDA IPO opens on November 21: Should you subscribe to the Rs 2,150-crore!

A Flip by Avya Verma
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Indian Renewable Energy Development Agency (IREDA) IPO is set to open on November 21. Price band for the public offer, closing Nov 23, has been fixed at Rs 30-32 per share and aims to raise Rs 2,150.21 crore for a fresh issue of 40.32 crore equities & sale of 26.88 crore by Govt. Most analysts have assigned a 'Subscribe' rating based on its low base, growth performance, asset quality.

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