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Indian Renewable Energy Development Agency Ltd IPO Message Board (Page 58)

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14. newgen consultancy |   Link |  Bookmark | November 13, 2023 6:57:50 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
NEW MAINBOARD IPO

Indian Renewable Energy Department Agency
( IREDA )

Date : 21-23 November

FV : Rs.10
Retail : 35 %

Size : 671,941,177 shares ( Around 1750 cr )
Fresh - 403,164,706 shares
OFS - 268,776,471 shares
Selling Shareholders - President of India

Issue Price : ( ? ) ( Can be around 26 Rs/-)

Financials Q124 :
Revenue - 2320.5 cr
PAT - 579.3 cr

LM :
1.IDBI Capital 2.BOB Capital
3.SBI Capital Markets

Registrar : Linkintime
14.8. newgen consultancy |   Link |  Bookmark | November 13, 2023 8:41:18 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Paramji , Same Reaction here
Pata nahi log Past ko dekh ke , Future ko kyu judge karte he
14.9. Hemarajsinh |   Link |  Bookmark | November 13, 2023 9:22:35 PM
SANDIP kumar kuch jyada hi excited hai..😁
13. Shiva ✨ |   Link |  Bookmark | November 13, 2023 8:02:11 PM (200+ Posts)
GMP started 3.5 hope blast soon 🚀🚀
12. Nothing New |   Link |  Bookmark | November 13, 2023 7:42:38 PM
IPO Mentor IPO Mentor (800+ Posts, 200+ Likes)
Fokat me denge to ek soch sakte hai. Fir har saal iska FPO aayega. Khaufnaak khabre aayengi. Bahot risk hai bhai.
Nothing, Like Anything!
11. KING VINOD |   Link |  Bookmark | November 13, 2023 7:41:53 PM
IPO Guru IPO Guru (2500 Posts, 5400+ Likes)
IREDA (Indian Renewable Energy Development Agency) IPO Confirmed

Issue Dates : 21 Nov - 23 Nov
Issue Size : 40,31,64,706 Fresh + OFS 26,87,76,471 Shares

Price Band : To Be Announced by Wednesday || Retail Quota : 35%

REC and PFC are the Listed Peers, PSUs are HOT at Present.
10. B.M.SURANA |   Link |  Bookmark | November 13, 2023 5:47:00 PM
IPO Guru IPO Guru (2700+ Posts, 5300+ Likes)
Indian Renewable Energy Development Agency Limited IREDA IPO
IPO Dates : 21-23 Nov,2023
Retail Portion: 35%
Face Value: Rs 10
More Details Coming Soon
10.78. Cyberdude |   Link |  Bookmark | November 29, 2023 1:50:50 PM (300+ Posts)
@B.M.SURANA  how is the profit to Small and Big HNI Investors the same?
As per my understanding, SHNI gets an allotment worth 2 lakhs and HNI gets an allotment worth of 10 lakhs, is my understanding incorrect?
10.79. Krishna T ✨ |   Link |  Bookmark | November 29, 2023 11:28:49 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
@Cyberdude bHNI also gets worth of 2L rs shares for over subscription of any IPO based on number of applied lots + lottery.
9. newgen consultancy |   Link |  Bookmark | November 13, 2023 7:16:27 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Sebi Observation letter issued below IPOs last week end on 10-Nov-2023 :

1.IREDA ( 30-Oct )
2.Fedbank Financial Services ( 2-Nov )
3.Suraj Real Estate Developers ( 8-Nov )
4.EPack Durables ( 10-Nov )

From This IREDA Officially Announced , Fedbank will be announced shortly ,
Suraj Real Estate Developers could hit soon ,
The company is in Hurry to launch IPO ,
EPack Durables no idea but a company like KAYNES , AVALON , SYRMA Related
Can get Big Tracxn

In next 2 weeks :
1.Jana SFB
2.Onest Ltd.3.Medi Assist Healthcare
4.DOMS Industries
5.Apeejay Surrendra Hotels
8. Earthking |   Link |  Bookmark | November 13, 2023 6:36:00 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Oh god one more good company clashing on the same date ... seems everyone want to list before 5 state election results...
8.1. Elon Maast |   Link |  Bookmark | November 13, 2023 6:42:49 PM
New LIC IPO ( 2.0 )
7. Ashish Macwan |   Link |  Bookmark | November 13, 2023 6:24:10 PM
So much borrowing!!
6. hchc |   Link |  Bookmark | November 13, 2023 5:50:15 PM
Top Contributor Top Contributor (400+ Posts, 900+ Likes)
Opens : 21st Nov 2023
Closes : 23rd Nov 2023
5. Sandeep Kumar sethi |   Link |  Bookmark | November 12, 2023 3:40:46 PM
Top Contributor Top Contributor (800+ Posts, 200+ Likes)
Ireda is govt company,so forget, forget and forget, my past experience is very bad in government ipo
5.7. Not So Lucky |   Link |  Bookmark | November 19, 2023 12:44:07 PM
It is NOT prudent to generalise based on some past experience. Every IPO is to be considered/discarded on its own parameters and market situation. Many sarkaari IPOs have given great returns in past. Having said that, one should get convinced himself/herself and take the call accordingly.

Happy investing !
5.8. Deep D Lamp |   Link |  Bookmark | December 4, 2023 12:20:44 AM
@Sandeep Kumar sethi सर इसने तो गंगा ही विपरीत दिशा में बहा दी,
लॉन्ग टर्म तो छोड़ो इसने तो लिस्टिंग के दो दिन में डबल कर दिया
आज कल किसी का भरोसा नहीं है लिस्टिंग पे पता नहीं कैसे कैसे खेल देखने'को मिल जाए

फिल्म का डायलाग याद आता है
भाव भगवान छे
4. hitsur |   Link |  Bookmark | November 9, 2023 3:26:28 PM
Can any one give there view on the below query.

Total Borrowings as on 31.03.2023 is 40,165.28 cr
Total Profit After Tax is rs.864.63Cr

On percentage calculation, the profit is just above 2% on total borrowings.
4.1. Hazarika |   Link |  Bookmark | November 9, 2023 11:51:38 PM
Haha... good observation. If they are borrowing at average market rate of 7% then it means they are at a loss of 5% overall.
4.2. common man |   Link |  Bookmark | November 13, 2023 10:26:00 PM (200+ Posts)
if PAT is 2 % after paying 7% interest on borrowings, doesn't it actually indicate healthy operational margins ?
3. svh |   Link |  Bookmark | November 9, 2023 11:49:50 AM
IPO Guru IPO Guru (2600+ Posts, 3700+ Likes)
Trying to enter the market since 2017 but don't know the reason why always shy away.

Hopefully this time dare to file RHP.
21-23 Nov

Good to see more fresh issue than OFS part from Mini Ratna.
Expecting single digit p/e valuation from PSU.

🙏👍
3.6. Krishna T ✨ |   Link |  Bookmark | November 10, 2023 8:40:34 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
@Rajcool 

Yes, borrowing increased so profit also marginally increased. Same view like answered at https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1569&c=677211&ap=0

In short, we have to ignore both - profit along with borrowings and move back to original stable profit/loss.
3.7. AryanRaj |   Link |  Bookmark | November 13, 2023 5:27:13 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
RHP Filed and date is 21 to 23.
2. kalki |   Link |  Bookmark | November 9, 2023 11:31:53 AM (200+ Posts)
Expected date? @newgen consultancy
1. Madhur Jain CA |   Link |  Bookmark | November 9, 2023 11:08:22 AM
Mini Ratna (Category - I) government enterprise