IREDA shares snap 4-session losing streak; jump 4% on fundraising plan
The PSU to raise ₹4,500 crore in one or more tranches; GoI stake to be diluted up to 7% via QIP.
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IREDA shares jump 7% on plans to raise ₹4,500 cr
The fundraising is part of IREDA’s plan to raise ₹24,200 crore in FY24-25; it garnered ₹1,500 crore via bonds in June this year.
IREDA shares zoom 12% after robust Q4 results
Net profit of IREDA jumped 33% to ₹337.38 crore in the fourth quarter compared with ₹253.62 crore in Q4 FY23.
IREDA to raise ₹24,200 cr from debt market in FY25; stock up 3%
The board of directors of IREDA is scheduled to meet on March 28 to consider and approve the borrowing programme for FY25.
IREDA shares fall 4% after NSE revokes inclusion in key indices
The NSE has revoked the inclusion of IREDA in key indices due to its non-compliance with SEBI portfolio concentration norms.
IREDA plans to raise up to ₹2,000 cr via taxable bonds; stock up 2%
IREDA aims to raise bonds worth ₹500 crore at the base issue, with a green shoe option of up to ₹1,500 crore, aggregating to ₹2,000 crore.
From ₹32 to ₹102: IREDA shares surge 219% from IPO price in 10 sessions
IREDA shares rallied 20% to ₹102.2 on the BSE today, delivering 219% returns to investors who bought shares in the IPO and continue to hold them.
IRDEA shares debut at 56% premium over IPO price; 2nd most successful PSU listing after IRCTC
IREDA became the second most successful PSU listing in the last one decade after IRCTC, which debuted 101% above its IPO price.
IREDA’s ₹2,150 cr IPO opens today: Should you subscribe to the PSU issue?
Ahead of the opening of the IPO, IREDA was commanding a GMP of ₹6, implying a listing price of about ₹38 against the issue price of ₹32.
From Tata Tech to IREDA: 5 IPOs to open this week; ₹7,300 cr at stake
The IPOs of Tata Technologies, IREDA, Fedbank Financial Services, Flair Writing, and Gandhar Oil Refineray will open for subscription this week.
