Indian Renewable Energy Development Agency Ipo

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Indian renewable energy development agency ipo.

The initial public offer will see sale of 13 90 crore. Indian renewable energy development agency is planning to raise funds via an ipo in the calendar year 2018. State run indian renewable energy development agency has filed draft papers with markets regulator sebi to float an initial public offering. State run indian renewable energy development agency ireda has filed draft papers with markets regulator sebi to float an initial public offering.

State run indian renewable energy development agency ireda has filed draft papers with markets regulator sebi to float an initial public offering. The proposed share sale comes at a time when the government is working on ramping up renewable energy generation capacity as part of larger efforts to increase clean energy portfolios. The initial public offer of state owned indian renewable energy development agency will be launched before september 2019 a top official said on thursday we can raise up to 15 per cent of our equity. The approval was for 13 90 crore equity shares.

This will be around worth rs 750 crore. State owned indian renewable energy development agency and kolkata based firm shyam steel industries have received markets regulator sebi s approval to float initial public offerings ireda which filed its draft ipo papers with the regulator in july received its observations on september 27 latest update with the securities and exchange board of india sebi showed. The ireda ipo will see sale of 13 90 crore equity shares of indian renewable energy development agency and includes a reservation of up to 6 95 lakh equity shares for eligible employees. State run indian renewable energy development agency has filed draft papers with markets regulator sebi to float an initial public offering the proposed share sale comes at a time when the government is working on ramping up renewable energy generation capacity as part of larger efforts to increase clean energy portfolios.

The union cabinet approved the ipo of indian renewable energy development agency ireda which is expected to enable the state run entity.