Indian Renewable Energy Development Agency (IREDA) has debuted at Rs 50.00 on the BSE, up by 18 points or 56.25% from its issue price of Rs 32.
The scrip is currently trading at Rs 59.30, up by 27.30 points or 85.31% from its issue price. It has touched a high and low of Rs 59.65 and Rs 49.99 respectively. So far 316.18 lakh shares were traded on the counter.
The offering, which was open for subscription between November 21, 2023 and November 23, 2023 was subscribed 38.80 times. The issue price was fixed at Rs 32 per share i.e. at upper end of price band of Rs 30-32 apiece.
Indian Renewable Energy Development Agency is a Mini Ratna (Category - I) Government of India Enterprise under the administrative control of Ministry of New and Renewable Energy (MNRE).
