Hear’s a quick look at IREDA IPO’s strengths, weakness, opportunities and risks (SWOT analysis)
Strengths and opportunities
Risks and threats
Indian Renewable Energy Development Agency Limited IPO details
|Indian Renewable Energy Development Agency Limited IPO date
According to the offer document filed by the company with the SEBI, the IREDA IPO’s opening date – in other words, the IREDA IPO launch date – will be 21st November 2023. The IREDA IPO closing date is 23rd November 2023. After this, investors will be updated about the allotment status on 28th November 2023.
Investors, who have been allotted shares, can expect them to be credited to their demat account on 29th November 2023. The IREDA IPO listing date is 1st December 2023. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
|Indian Renewable Energy Development Agency Limited IPO Price Band
The IPO is an offer for sale as well as a fresh issue. The IREDA IPO price band has been set between ₹30 and ₹32 per share. Interested investors can choose a price within this band to apply for the IPO.
The IREDA IPO listing price will be determined on 1st December 2023. The listing price is the price at which a company’s shares debut on the stock exchanges.
|Indian Renewable Energy Development Agency Limited IPO Lot size
The IREDA IPO details have been declared. The IREDA IPO lot size is set at 460 shares and an investor can apply for a minimum of 1 lot. Meanwhile, the IREDA IPO issue size is approx ₹2,150 crore.
How to pre-apply for the IREDA IPO?
You can pre-apply for the IREDA IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the IREDA IPO?
If you are interested in this investment opportunity but unsure how to apply for the IREDA IPO, here we are listing out the steps for you.
When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the IREDA Technologies IPO on Upstox:
How to check the IREDA IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to six days after an IPO closes.
Here’s a step-by-step guide on how to check the IREDA IPO allotment status:
Open a demat account with Upstox to apply for the IREDA IPO
To apply for the IREDA IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the IREDA IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the IREDA IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the IREDA IPO means applying for this public issue before it goes live. Click here to pre-apply for the IREDA IPO on Upstox.
You can pre-apply for the IREDA IPO from 17 November 2023. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
You can apply on Upstox’s website and app, once the IREDA IPO opens for the subscription.
The IREDA IPO launch date is 21st November 2023. The IREDA IPO will be open for subscription till 23rd November 2023.
The IREDA lot size is 460 shares and the minimum investment required is ₹14,720.
The IREDA IPO price band is ₹30 – ₹32 per share.
The size of the IREDA IPO is approx. ₹2,150 crore.
You can place up to three bids for an application.
No, the bids have to be placed in one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
If shares are allotted, then they will be credited to your demat account on 29th November 2023.
IREDA shares will be on NSE and BSE.
IREDA shares’ listing date is 1st December 2023.