Ireda Shares: Indian Renewable Vitality Improvement Company (Ireda) has raised Rs 2,005.90 crore by means of certified Institutional Placement (QIP). The corporate gave this info in an announcement launched on Wednesday 11 June. The corporate mentioned in an announcement {that a} whole of 12,14,66,562 fairness shares have been allotted underneath this QIP at a worth of Rs 165.14 per share. At present, a inventory of IREDA is buying and selling at a worth of round Rs 183. About 50 % of this difficulty has been purchased by Life Insurance coverage Company of India (LIC). LIC invested about Rs 1,002.95 crore and purchased 6,07,33,280 shares. Aside from this, the Society Normal (ODI) invested round Rs 180.23 crore for 1,09,10,257 shares, whereas Morgan Stanley Asia (Singapore) PTE purchased 1,10,76,814 shares for about Rs 182.89 crore. Vikas India Eif I Fund purchased 62,34,433 shares by investing about Rs 102.95 crore. These shares have been issued at SEBI’s ICDR guidelines at a reduction of 5% lower than the ground worth i.e. Rs 8.69 per share. The checklist of buyers shopping for greater than 5% stake in IREDA’s QIP is beneath – the proportion of buyers allotted share QIP is the proportion of QIP % Morgon Stanley Asia (Singapore) PTE – ODI 1,10,78,144 9.12% Vikas India EIF I Fund 62,34,433 5.13% associated information: There’s a “Navratna” firm owned by the Authorities of India, which works as a Non -Backing Finance Firm (NBFC). A plan to boost Rs 5,000 crore by means of QIP on the worth was introduced. IDBI Capital Market Providers, BNP Pariba, SBI Capital Markets, MK International Monetary Providers and Motilal Oswal Funding Advisors have been appointed as a service provider banker who handle the QIP course of. The shares of Ireda have been being traded on ₹ 182.40 throughout Budhwar enterprise. Earlier, the shares opened at ₹ 182.45, whereas the day past’s shut was ₹ 182.45. The 52-week excessive of this inventory is ₹ 310 and the minimal is ₹ 137. Round 10.14 pm, IRDA shares have been rose by 0.7 % to round Rs 184. Within the final 5 days, this inventory has gained about 4 % and about 9 % within the final one month. Nevertheless, in 2025, the share worth has been decreased by about 17.5 % to this point. The entire market cap of Ireda is Rs 49,038 crore and is a part of the BSE 200 index. Then again, LIC shares have been buying and selling with a achieve of 0.50% at a worth of Rs 951.45. Within the March quarter, Ireda’s standalone internet revenue elevated by 49% to Rs 502 crore on an annual foundation, which was Rs 337 crore in the identical quarter a 12 months in the past. On the identical time, the web revenue of the corporate was Rs 1,698.60 crore all through the monetary 12 months, which is 36 % greater than the revenue of Rs 1,252.24 crore in its final monetary 12 months. On the identical time, the full earnings of the corporate was 6,742 crore in FY 2025, which was Rs 4,964 crore final 12 months. Learn this- Protection Shares: Some protection shares might come within the inventory, if we’re going to make investments, then this stuff are going to speculate, then this stuff are going to put money into the primary particular person’s lendisclaimer: Moneycontrol, ideas and brokerage forces are given their very own. That web site and its administration. Moneycontrol advises customers to seek the advice of a licensed skilled earlier than making any funding resolution.
