IREDA’s IPO will hit the market 21 November 2023 and closes on 23 November 2023. The IREDA IPO GMP Kostak rate and subject to sauda updated as of today. The IREDA IPO Grey Market Premium has started with low premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check IREDA IPO subscription status here.
Indian Renewable Energy Development Agency Limited are a wholly owned Government of India (“GoI”) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company registered with the Reserve Bank of India (the “RBI”) as a Systemically Important Non-Deposit-taking Non-Banking Finance Company (a “NBFCND-SI”), with Infrastructure Finance Company (“IFC”) status. In September 2023, the company has been upgraded from Schedule B to Schedule A in the list of CPSEs by the Department of Public Enterprises (“DPE”). The company was also conferred with the Mini Ratna (Category I) status in June 2015 by the DPE.
IREDA IPO Issue size of ₹2150.21 Crores, in which Fresh Issue of ₹1290.13 Crores and Offer For Sale of ₹860.08 Crores and issue price band has been fixed at ₹30 to ₹32 Per Share. The IREDA IPO to be listed on December 04, NSE and BSE.
What is IREDA IPO GMP Today?
■ The IREDA IPO GMP Today Or Grey Market Premium is ₹10-₹11.
What is IREDA IPO Kostak Rates Today?
■ The IREDA IPO Kostak rate is ₹0.
What is IREDA IPO Subject to Sauda Price Today?
■ The IREDA IPO Subject to Sauda rates is ₹3800.
IREDA IPO Approximately Returns?
■ The IREDA IPO’s approximate return is 30%-35%, and it can also change according to the Market Sentiment.
IREDA IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 29 Nov 2023 | List :₹50.00 Gain :56.25% | ₹0 | ₹3800 |
| 28 Nov 2023 | ₹10-₹11  | ₹0 | ₹3800 |
| 27 Nov 2023 | ₹10-₹11 | ₹0 | ₹3800 |
| 26 Nov 2023 | ₹10-₹11 | ₹0 | ₹3800 |
| 25 Nov 2023 | ₹10-₹11 | ₹0 | ₹3800 |
| 24 Nov 2023 | ₹10-₹11 | ₹0 | ₹3800 |
| 23 Nov 2023 | ₹11-₹12  | ₹0 | ₹4200 |
| 22 Nov 2023 | ₹9-₹10 | ₹0 | ₹3500 |
| 21 Nov 2023 | ₹8-₹9 | ₹0 | ₹3300 |
| 20 Nov 2023 | ₹5-₹6  | ₹0 | ₹2300 |
| 19 Nov 2023 | ₹7-₹8 | ₹0 | ₹2600 |
| 18 Nov 2023 | ₹7-₹8 | ₹0 | ₹2600 |
| 17 Nov 2023 | ₹7-₹8 | ₹0 | ₹2600 |
| 16 Nov 2023 | ₹8-₹9 | ₹0 | ₹3000 |
| 15 Nov 2023 | ₹4-₹5 | ₹0 | ₹2800 |
| 14 Nov 2023 | ₹3-₹4 | ₹0 | ₹1400 |
| 13 Nov 2023 | ₹3-₹4 | ₹0 | ₹1000 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
IREDA IPO GMP FAQs :
How much is IREDA IPO GMP Today?
IREDA IPO GMP Today is ₹10-₹11.
How much is IREDA IPO Grey Market Premium today?
IREDA IPO is Grey Market Premium ₹10-₹11.
What is the IREDA IPO Kostak Rate?
IREDA IPO Kostak Rate is ₹0.
What is IREDA IPO Subject to Sauda?
IREDA IPO Subject to Deals is ₹3800.
What are IREDA IPO Approx Returns?
IREDA IPO approx Returns is 30%-35%, and it can also change according to the Market Sentiment.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price : The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile : The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit : Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks : IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
| IREDA IPO Details: Click Here IREDA IPO Subscription: Click Here IREDA IPO Allotment: Click Here IREDA IPO Listing: Click Here |
All IREDA IPO-related links are available here. If you want to know the details then click on Click Here Link.
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