31 Mar 2021
Assets30,293.39
Total Income2,657.74
Profit After Tax346.38
NET Worth2,995.60
Reserves and Surplus1,386.12
Total Borrowing24,000.00
At a glance
Updated 2026-08-24The shares listed at ₹50.00, a 56.25% move from the issue price. IREDA is a Mainboard IPO with an issue size of ₹2,150.21 crore, proposed for listing on BSE, NSE. The offer opens on 21st Nov 2023 and closes on 23rd Nov 2023. The issue structure includes a fresh issue of ₹1,290.13 crore and an offer-for-sale component of ₹860.08 crore. The current listing schedule points to 29th Nov 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,150.21 Cr
Fresh issue₹1,290.13 Cr
Offer for sale₹860.08 Cr
Face value₹10
Price band₹30.00–₹32.00
Allotment24th Nov 2023
Listing29th Nov 2023
Listing performance
Full performance ↗Issue price₹32.00
Listing price₹50.00
Current price—
Listing gain56.25%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹12.00
GMP / upper price37.50%
Est. listing₹44.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens21st Nov 2023
Closes23rd Nov 2023
Allotment24th Nov 2023
Refund25th Nov 2023
Demat28th Nov 2023
Listing29th Nov 2023
Subscription demand
Full bidding ↗Total38.80×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 460 | ₹14,720 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Augmenting capital base to meet future capital requirements and onwardlending | ₹1,258.95 Cr |
| Total | ₹1,258.95 Cr |
Financials
Full financials ↗31 Mar 2022
Assets36,708.41
Total Income2,874.16
Profit After Tax633.53
NET Worth5,268.11
Reserves and Surplus1,776.05
Total Borrowing27,613.07
31 Mar 2023
Assets50,446.98
Total Income3,483.04
Profit After Tax864.63
NET Worth5,935.17
Reserves and Surplus2,310.96
Total Borrowing40,165.23
30 Sep 2023
Assets51,208.36
Total Income2,320.46
Profit After Tax579.32
NET Worth6,580.61
Reserves and Surplus2,550.36
Total Borrowing39,850.19
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| Debt / Equity |
| RoNW |
Valuation & shareholding
Pre-IPO EPS3.78
Pre-IPO P/E8.47
Post-IPO P/E7.42
Promoter holding pre100%
Promoter holding post75%
Market cap₹8600.85 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) | ₹11.50 Cr |
| Commission and processing fees for SCSBs, Fees payable to Registrar to the OfferSponsor Banks, brokerage, bidding chargesand selling commission for SyndicateMembers, Registered Brokers, RTAs andCDPs | ₹3.71 Cr |
| Fees payable to Registrar to the Offer | — |
| Fees payable to Legal advisors to the Offer | ₹1.85 Cr |
| Fees payable to auditors and other consultants | ₹0.28 Cr |
| Advertising and marketing expenses for the Offer | ₹17.38 Cr |
| Regulators including SEBI, Stock Exchanges fees book building software fees, listing fees and other regulatory expenses | ₹11.19 Cr |
| Miscellaneous | ₹1.25 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- SBI Capital Markets Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.