Indian Renewable Energy Development Agency Ltd IPO Message Board (Page 56)

Selling and Applying here
Trapping retailers by creating GMP euphoria

Fake gmp .. going on..like lic to trap retail
2000 cr ipo who will buy on screen... anchors mostly bank..psu have no charm on listing btr sell apply.

IREDA RESULT

IREDA Quarterly Results Split , In RHP its given for 6 months till September ,

Q1 24 :
Revenue - 1143 cr
PAT - 294.5 cr

Q2 24 :
Revenue - 1177 cr
PAT - 285.8 cr

NPA Levels :
Q1 Gross - 3.08
Net - 1.61

Q2 Gross - 3.13

Net - 1.65

Financing Margin :
Q1 - 39 %
Q2 - 33 %

Don't know why Latest Quarter's Operational Performance is Weak
NPA Increasing is normal because all its Peers and Industry Members are facing the same trend .
But why Financing Margins have fallen by such Margin Around 15% Fall .

A Small Worrysome. Not spreading Pessimism in Any Manner. Just Posted as a information to Educate its Future Investors

I believe its better to buy PFC/REC despite the crazy run up of the last year or so rather than investing in IREDA at these valuations.

Keep minting!

Bhni rate क्या है.

LIC ipo itna paise khaa gaya ki ab is tarah kay ipo may laganay ki himmat nahi.

Jab government ko ofs laana hoga tabi share chalayegi,nahi to magar much ki tarah hilega bhi nahi share ka bhav

Yadi 4 RS subject to application biki to me shni quota me ireda me lagana fayde me maanta hu

Modi ji hi laye they lic ipo, application,12500 wali 3000 premium pe biki thi aaj 4000 loss me hai per lot, invest karte samay yaad rakhna govt ko Dene ki nahi lene ki aadat hai

I manage 6 demat, Retail.
4 IPOs at the same time.
So, have to manage the money.
1. Tata Technology - 6 Sh + 6 =12
2. Fedfina - 3 sh + 6 = 9
3. Gandhar oil = 6
4. Ireda = 6

Total 12+9+6+6= 33
33*15000 = 4,95000
But only have 1.5 lac only.

What to apply & what to ignore.
Confused 🤔

​@Sandeep Kumar sethi 
​@UjwalG 
Thanks for your opinion.
Let's see GMP as well as subscription.
Then will take final call.

Kya chahte ho bhai, abhi 4 ka paisa manage nahin hua, 5 th bhi aa gaya, Flair ka.

Big Issue.
Too costly.
Massive debt, 10x of revenues.
May be available at same price or even less post listing. May catch fancy later on though.
Why to apply? May need QIBs to get fully subscribed considering clash with other IPOs, unless govt arm-twists others to postpone. May then pick up few retail lots.

5 Rs premium ho jaaye to sale karke lagane ka Banta hai

Dear @Justalearner - It's a financier so natural for debt to be high. Please evaluate the way you would evaluate NBFC/Banks etc and you may form a different opinion.

Keep minting!

After protean movement ireda premium is increasing

IREDA on Fire 🔥
5-5.5

Firm Allotment confirm

It won't be firm

Retail already subscribed 0.46 times and by end of day may subscribe fully
To wait and see the interest of other categories on issue closing day by 3 pm.

GMP 3.75-4.50
KOSTAK 625

Please don't compare insurance (LIC) with renewal energy (IREDA). In my opinion, IREDA is better IPO in terms of business and future demands for the world. More, government and entire world is more focused in this direction like solar, wind, hydro and energy etc.

People can apply IPO with reasonable risk as no-one can give guarantee about listing price. As we know, government IPO didn't do better in listing but definitely good candidate to buy on pre/post listing and good portfolio stock to hold for sure.

These are my personal views about this IPO.

Good Demand in from last 2 hrs
Now : 3.5/4

This IPO can be a Confirm Allotment with 15-20% gains 💪

Fyi guys, they havent paid any dividend yet. So we cannot assume that they will in future.

IREDA GMP ~ Rs: 3:50 - Rs: 4:00 @ 10:05pm _ 14 Nov

Be careful after NHPC & LIC 😀😀😀

What is going to be likely subscription in Shni/bhin categories. Seniors can throw some light on it Pl.