Sharekhan

Indian Renewable Energy Development Agency Ltd

Thu 13/03/2025,15:59:55 | NSE : IREDA

₹ 139.85-1.41 (-1.00%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 142.00

Previous Close

₹ 141.26

Volume

7255248

Mkt Cap ( Rs. Cr)

₹37588.39

High

₹ 142.45

Low

₹ 139.21

52 Week High

₹ 310.00

52 Week Low

₹ 121.05

Book Value Per Share

₹ 34.74

Dividend Yield

0.00

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Indian Renewable Energy Development Agency Ltd

Your Vote -

Buy

68.72%

Hold

18.10%

Sell

13.18%

68.72%

1608 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

139.85

814

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

814

Option Chain

Analyzes market sentiment, predicts Indian Renewable Energy Development Agency Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • Indian Renewable - Board Meeting Intimation

    11 Mar 2025, 8:18PM Indian Renewable Energy Development Agency Limited has informed the Exchange about Board Meeting to be held on 17-Mar-2025 to consider Fund raising.
  • Indian Renewable - Board Meeting Intimation for Board Meeting Intimation To Consider The Proposal For Enhancement Of Borrowin

    11 Mar 2025, 8:13PM Indian Renewable Energy Development Agency Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/03/2025 ,i
  • Indian Renewable - General Updates

    8 Mar 2025, 6:01PM Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Indian Renewable - Integrated Filing (Financial)

    3 Mar 2025, 7:47PM Integrated fillings of Financial results of the quarter & nine months ended 31.12.2024
  • Indian Renewable - Shareholders meeting

    24 Feb 2025, 6:39PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on February 2
  • Indian Renewable - Shareholder Meeting / Postal Ballot-Outcome of EGM

    24 Feb 2025, 6:35PM The Proceedings of the 22nd EGM of the Company held today i.e. 24.02.2025
  • Indian Renewable - Amendment to AOA/MOA

    24 Feb 2025, 6:31PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association

    24 Feb 2025, 6:28PM The shareholders of the Company in its 22nd EGM of the Company held today i.e., 24.02.2025 has approved the amendment of the AOA of the Company conseq
  • Indian Renewable - Shareholders meeting

    24 Feb 2025, 6:18PM Indian Renewable Energy Development Agency Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on Febr
  • Indian Renewable - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    24 Feb 2025, 6:12PM Voting results along with Scrutinizer Report of the 22nd EGM of the Company under Regulation 44 of SEBI (LODR) Regulations, 2015
  • Indian Renewable - General Updates

    18 Feb 2025, 3:54PM IREDA Global Green Energy Finance IFSC Limited (a wholly owned subsidiary of IREDA Ltd) received Certificate of Registration for commencing business a
  • Indian Renewable - IREDA Global Green Energy Finance IFSC Limited Received Certificate Of Registration For Commencing Busines

    18 Feb 2025, 3:48PM IREDA Global Green Energy Finance IFSC Limited (a Wholly Owned Subsidiary of IREDA Ltd) received Certificate of Registration for commencing business a
  • Indian Renewable - Analysts/Institutional Investor Meet/Con. Call Updates

    3 Feb 2025, 4:34PM Intimation of schedule of Analyst/ Institutional Investors meetings under the Regulation 30 of the Securities and Exchange Board of India (Listing Obl
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    3 Feb 2025, 4:33PM Intimation of schedule of Analyst/ Institutional Investors meetings under Regulation 30 of the Securities and Exchange Board of India (Listing Obligat
  • Indian Renewable - Outcome of Board Meeting

    1 Feb 2025, 1:54PM Outcome of Board Meeting held on February 1, 2025
  • Indian Renewable - Board Meeting Outcome for Outcome Of Board Meeting Held On February 1, 2025

    1 Feb 2025, 1:51PM Outcome of Board Meeting held on February 1, 2025
  • Indian Renewable - Notice Of Shareholders Meetings-XBRL

    28 Jan 2025, 4:43PM Indian Renewable Energy Development Agency Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be hel
  • Indian Renewable - Shareholders meeting

    28 Jan 2025, 4:41PM Intimation of Notice of 22nd Extraordinary General Meeting ('EGM') of the Company to be held on Monday, February 24, 2025, at 11:30 A.M. through Video
  • Indian Renewable - Intimation Of Notice Of 22Nd Extraordinary General Meeting ('EGM') Of The Company Under Regulation 30 Of

    28 Jan 2025, 4:32PM Intimation of Notice of 22nd EGM of the Company under Regulation 30 of the SEBI (LODR) Regulations, 2015
  • Indian Renewable - Intimation Of Notice Of 22Nd Extraordinary General Meeting ('EGM') Of The Company Under Regulation 30 Of

    28 Jan 2025, 4:32PM Intimation of Notice of 22nd EGM of the Company under Regulation 30 of the SEBI (LODR) Regulations, 2015
  • Indian Renewable - Intimation Of Notice Of 22Nd Extraordinary General Meeting ('EGM') Of The Company Under Regulation 30 Of

    28 Jan 2025, 4:32PM Intimation of Notice of 22nd EGM of the Company under Regulation 30 of the SEBI (LODR) Regulations, 2015
  • Indian Renewable - Intimation Of Notice Of 22Nd Extraordinary General Meeting ('EGM') Of The Company Under Regulation 30 Of

    28 Jan 2025, 4:32PM Intimation of Notice of 22nd EGM of the Company under Regulation 30 of the SEBI (LODR) Regulations, 2015
  • Indian Renewable - Intimation Of Notice Of 22Nd Extraordinary General Meeting ('EGM') Of The Company Under Regulation 30 Of

    28 Jan 2025, 4:32PM Intimation of Notice of 22nd EGM of the Company under Regulation 30 of the SEBI (LODR) Regulations, 2015
  • Indian Renewable - Intimation Of Notice Of 22Nd Extraordinary General Meeting ('EGM') Of The Company Under Regulation 30 Of

    28 Jan 2025, 4:32PM Intimation of Notice of 22nd EGM of the Company under Regulation 30 of the SEBI (LODR) Regulations, 2015
  • IREDA board approves plan to raise up to Rs 5,000 cr via QIP

    23 Jan 2025, 2:47PM State-owned IREDA on Thursday said its board has approved a plan to raise up to Rs 5,000 crore fund through the qualified institutions placement (QIP)
  • Indian Renewable - Outcome of Board Meeting

    23 Jan 2025, 1:29PM Outcome of the meeting of board of directors (the Board ) of the Company held on January 23, 2025
  • Indian Renewable - Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors (The 'Board') Of The Company Held O

    23 Jan 2025, 1:28PM \r\n\r\n\r\nOutcome of the meeting of board of directors (the 'Board') of the Company held on January 23, 2025\r\n\r\n\r\n
  • Indian Renewable - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    21 Jan 2025, 10:59AM INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance
  • Indian Renewable - Change in Management

    21 Jan 2025, 10:33AM Indian Renewable Energy Development Agency Limited has informed the Exchange about change in Management
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Change in Management

    21 Jan 2025, 10:24AM Intimation for cessation of Independent Director of the Company
  • Indian Renewable - Compliances-Reg. 54 - Asset Cover details

    20 Jan 2025, 6:43PM for quarter December 2024
  • Indian Renewable - Compliances-Reg. 52 (7) - Statement of Material Deviations in proceeds of issue of NCD / NCRP

    20 Jan 2025, 6:39PM For third quarter December 2024
  • Indian Renewable - Board Meeting Intimation

    17 Jan 2025, 9:26PM Indian Renewable Energy Development Agency Limited has informed the Exchange about Board Meeting to be held on 23-Jan-2025 to consider Fund raising.
  • Indian Renewable - Trading Window-XBRL

    17 Jan 2025, 9:20PM Indian Renewable Energy Development Agency Limited has informed the Exchange about Closure of Trading Window
  • Indian Renewable - Board Meeting Intimation for Raising Of Funds Through The Issuance Of Equity Shares By Way Of A Qualified

    17 Jan 2025, 9:20PM Indian Renewable Energy Development Agency Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2025 ,i
  • Indian Renewable - Trading Window

    17 Jan 2025, 9:12PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Ins
  • Indian Renewable - Agreements,Contracts,Arrangements,MOU-XBRL

    16 Jan 2025, 7:30PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Joint venture agreements
  • Indian Renewable - Agreements

    16 Jan 2025, 7:30PM Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

    16 Jan 2025, 7:27PM Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Indian Renewable has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    15 Jan 2025, 5:00PM As of December 2024, 75.00% is owned by Indian Promoters and 25.00% by Public. <p align=justify> Institutional holds 2.48% (Insurance Companies 0.30%)
  • Indian Renewable - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    13 Jan 2025, 11:01AM Indian Renewable Energy Development Agency Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations,
  • Indian Renewable - Updates

    9 Jan 2025, 9:25PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding 'IREDA has informed the exchange about the quarter and nine mo
  • Indian Renewable - Results Financial Results For The Quarter And Nine Months Ended 31.12.2024

    9 Jan 2025, 9:24PM Financial Results for the quarter and nine months ended 31.12.2024
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Investor Presentation

    9 Jan 2025, 9:15PM Investor Presentation for the quarter and nine month ended 31.12.2024
  • Indian Renewable - Updates

    9 Jan 2025, 9:03PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding 'IREDA has informed the exchange about the Investor Presentatio
  • Indian Renewable - Integrated Filing- Financial

    9 Jan 2025, 8:56PM Financial results for the quarter & nine months ended 31.12.2024
  • Indian Renewable - Financial Result Updates

    9 Jan 2025, 8:35PM Indian Renewable Energy Development Agency Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Indian Renewable - Outcome of Board Meeting

    9 Jan 2025, 8:34PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding Outcome of Board Meeting held on January 09, 2025.
  • Indian Renewable - Board Meeting Outcome for Outcome Of Board Meeting Held On January 09, 2025, In Compliance With The Regula

    9 Jan 2025, 8:33PM The Board of Directors of Indian Renewable Energy Development Agency Limited (IREDA) in its meeting held today, January 09, 2025, inter-alia approved
  • Indian Renewable - Press Release

    7 Jan 2025, 8:03PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding a press release dated January 07, 2025, titled "": IREDA Achiev
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    7 Jan 2025, 8:02PM IREDA Achieves 'Excellent' Rating for Fourth Consecutive Year in MOU Performance
  • Indian Renewable - Updates

    6 Jan 2025, 12:43PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding 'Intimation Of Change In The Name Of The Company S Registrar An
  • Indian Renewable - Intimation Of Change In The Name Of The Company'S Registrar And Share Transfer Agent (RTA) From 'Link Inti

    6 Jan 2025, 12:32PM Intimation of Change in the name of the Company's Registrar and Share Transfer Agent (RTA) from \Link Intime India Private Limited\ to \MUFG Intime In
  • Indian Renewable - Board Meeting Intimation

    3 Jan 2025, 2:43PM INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED has informed the Exchange about Board Meeting to be held on 09-Jan-2025 to inter-alia consider and
  • Indian Renewable - Board Meeting Intimation for To Consider And Approve The Audited Financial Results Of The Company For The

    3 Jan 2025, 2:38PM Indian Renewable Energy Development Agency Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/01/2025 ,i
  • Indian Renewable - Business Performance Upto December 31, 2024 (Provisional)

    31 Dec 2024, 10:49PM Business Performance upto December 31, 2024 (Provisional)
  • Indian Renewable - General Updates

    31 Dec 2024, 10:43PM Indian Renewable Energy Development Agency Limited has informed the Exchange about General Updates
  • Indian Renewable - IREDA - Business Performance Upto December 31, 2024 (Provisional)

    31 Dec 2024, 10:39PM Business Performance upto December 31, 2024 (Provisional)
  • Indian Renewable - Trading Window

    27 Dec 2024, 4:38PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Ins
  • Indian Renewable - Trading Window-XBRL

    27 Dec 2024, 4:14PM INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED has informed the Exchange about Closure of Trading Window
  • Indian Renewable - Trading Window

    27 Dec 2024, 4:13PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Ins
  • Indian Renewable - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    27 Dec 2024, 2:32PM INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance
  • Indian Renewable - Change in Management

    27 Dec 2024, 2:30PM M/s. P.C. Jain & Co., Company Secretaries is re-appointed as a secretarial auditor of the Company for FY 2024-25
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Change in Management

    27 Dec 2024, 2:27PM M/s P.C. Jain & Co., Company Secretaries is re-appointed as a secretarial auditor of the Company for FY 2024-25
  • Indian Renewable - Press Release

    21 Dec 2024, 7:47PM Indian Renewable Energy Development Agency Limited has informed the Exchange regarding a press release dated December 21, 2024, titled ""IREDA Bags Tr
  • Indian Renewable - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    21 Dec 2024, 7:44PM Press Release on IREDA Bags Triple Honours at 14th PSE Excellence Awards
  • IREDA and Tata Technologies

    20 Feb 2025 , 10:21AM IREDA and Tata Technologies will join futures and options (F&O) segment from the March series as per NSE circular.
  • IREDA

    1 Jan 2025 , 10:09AM Disbursement grew by 41% yoy while book grew by 36% yoy as per the provisional business update for Q3FY25. Positive
  • IREDA

    11 Oct 2024 , 10:46AM The company’s profit grows 36% to Rs 388 crore crore. Revenue from operations increases 38.5% to Rs 1,629.5 crore.NII jumps 52% to Rs 546.8 crore crore. Positive
  • IREDA

    1 Oct 2024 , 10:39AM Q2 Business Update - Loans sanctioned increased by 303% from last year to ₹17,860 crore vs ₹4,437 crore (YoY). Company disbursed 56% more loans in the quarter vs last year. Positive
  • Indian Renewable Energy Development Agency

    19 Sep 2024 , 10:07AM The Government of India has approved the dilution of up to 7% shareholding in IREDA through the Qualified Institutions Placement (QIP) route, in one or more tranches. Positive
  • IREDA

    30 Aug 2024 , 12:56PM S&P Global Ratings Limited assigned 'BBB-' long-term and 'A-3' short-term issuer credit ratings to IREDA with outlook stable
  • IREDA

    22 Aug 2024 , 10:15AM The Board will meet on August 29 to consider raising up to Rs 4,500 crore in one or more tranches through a further public offer (FPO), Qualified Institutional Placement (QIP), rights issue, or preferential issue.
  • IREDA

    1 Jul 2024 , 1:04PM The company has released its Q1FY25 business update where in - disbursement stood at Rs. 5,320 crore up (67.6% yoy). Loan book stood at Rs. 63,150 crore, up 33.77% yoy.
  • IREDA and PNB to Co-Finance Green Energy Projects

    19 Feb 2024 , 3:27PM Signing of MoU with Punjab National Bank for Co-Financing Green Energy Projects

Key fundamentals

Evaluate the intrinsic value of Indian Renewable Energy Development Agency Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 58246.2851 46100.4494 23002.7878 26345.9975 24225.1636
Liabilities 58246.2851 46100.4494 23002.7878 26345.9975 24225.1636
Equity 2687.7647 2284.6 2284.6 784.6 784.6
Gross Profit 4878.333 3250.1165 2430.0777 2117.7644 1718.069
Net Profit 1252.229 864.6283 633.5265 346.4072 214.5504
Cash From Operating Activities -11099.6373 -12343.0781 -5254.1182 -3206.4217 -2181.3763
NPM(%) 25.22 24.83 22.15 13.25 9.06
Revenue 4963.9358 3481.9749 2859.8994 2613.9455 2367.3198
Expenses 85.6028 231.8584 429.8217 496.1811 649.2508
ROE(%) 13.41 9.26 6.78 3.71 2.29

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Indian Renewable Energy Development Agency Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
IBL Finance Ltd 47.10 -3.88 50.65 345.86 9.23 0.00
360 One Wam Ltd 864.85 2.19 33.70 5019.22 2046.72 0.00
Abans Holdings Ltd 184.70 -2.00 10.04 701.29 808.31 0.00
Poonawalla Fincorp Ltd 281.35 -0.53 127.89 10776.14 1081.44 0.71

Company Info

Our Company was incorporated in Delhi as "Indian Renewable Energy Development Agency Limited", a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 11, 1987, issued by the Registrar of Companies, Delhi and Haryana. Our Company received a certificate of commencement of business dated March 21, 1987, by the RoC. Our Company was notified as a public financial institution under Section 4A of the Companies Act, 1956 by the Department of Company Affairs, Ministry of Law, Justice and Company Affairs, Government of India on October 17, 1995. Further, the Reserve Bank of India granted a certificate of registration to our Company on January 23, 2008 permitting us to commence/carry on the business of non-banking financial institution without accepting public deposits, and classified as an investment and credit company, which was further reclassified as an infrastructure finance company on March 13, 2023.Major Events:1987Incorporated as a public limited company1995The GoI notified our Company as Public Financial Institution under section 4(A) of the Companies Act1997We signed our first loan agreement with Asian Development Bank for line of credit of US$100 million2008Reserve Bank of India granted a certificate of registration to our Company to commence/carry on the business of non-banking financial institution without accepting public deposits, and classified us as an investment and credit company2010We got upgraded from `Schedule C' to `Schedule B' Central Public Sector Enterprise2015We were granted "Mini-Ratna" (Category-I) status by MNRE2016We set up a 50 MW Solar Project in Kerala2017We became the first Indian financial institution to raise `Green Masala Bonds' listed on London Stock Exchange/Singapore Stock Exchange2019We issued our first subordinated debt (Tier-2 capital) aggregating to ?1,500 million2020We signed an MOU with SJVN to provide techno-commercial Consultancy in the field of Renewable Energy2021We opened branch offices in Western India (Mumbai) and Eastern India (Bhubaneswar)2021We signed MOUs with:(1) NHPC to provide techno-commercial consultancy in the field of renewable energy.(2) Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) to provide advisory services such as market assessment; greenfield project development; bid process management and implementation support and also debt raising services.(3) North-Eastern Electric Power Corporation Limited (NEEPCO) to provide advisory services such as market assessment; greenfield project development; bid process management and implementation support and also debt raising services.(4) Brahmaputra Valley Fertilizer Corporation Limited to provide advisory services such as market assessment; greenfield project development; bid process management and implementation support and also debt raising services.(5) THDC India Limited (THDCIL) to undertake techno-financial due diligence of renewable energy and energy efficiency & conservation projects.2022We signed MOUs with;(1)Goa Shipyard Limited, and Central Institute of Petrochemicals Engineering and Technology, to provide techno-commercial consultancy services in the field of renewable energy;(2)Bank of India (BOI) for co-lending/consortium lending for renewable energy project2023-Reserve Bank of India granted a renewed certificate of registration to our Company to commence/ carry on the business of non-banking financial institution without accepting public deposits, and classified us as an infrastructure finance company-ICRA Ratings Limited upgraded our debt instruments rating to `AAA' Stable-We signed MOUs with:(1)Bank of Maharashtra (BOM) for co-lending/consortium lending for renewable energy project(2)Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to provide techno-commercial consultancy in the field of renewable energy;-India Ratings upgraded our debt instruments rating to `IND AAA'/Stable-DPE approved upgradation of our Company from `Schedule B' to `Schedule A' Central Public Sector Enterprise 2024 -IREDA Bags Triple Honours at 14th PSE Excellence Awards. -IREDA Signing of MoU with Punjab National Bank for Co-Financing Green Energy Projects.

Our Company was incorporated in Delhi as "Indian Renewable Energy Development Agency Limited", a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 11, 1987, issued by the Registrar of Companies, Delhi and Haryana. Our Company received a certificate of commencement of business dated March 21, 1987, by the RoC. Our Company was notified as a public financial institution under Section 4A of the Companies Act, 1956 by the Department of Company Affairs, Ministry of Law, Justice and Company Affairs, Government of India on October 17, 1995. Further, the Reserve Bank of India granted a certificate of registration to our Company on January 23, 2008 permitting us to commence/carry on the business of non-banking financial institution without accepting public deposits, and classified as an investment and credit company, which was further reclassified as an infrastructure finance company on March 13, 2023.Major Events:1987Incorporated as a public limited company1995The GoI notified our Company as Public Financial Institution under section 4(A) of the Companies Act1997We signed our first loan agreement with Asian Development Bank for line of credit of US$100 million2008Reserve Bank of India granted a certificate of registration to our Company to commence/carry on the business of non-banking financial institution without accepting public deposits, and classified us as an investment and credit company2010We got upgraded from `Schedule C' to `Schedule B' Central Public Sector Enterprise2015We were granted "Mini-Ratna" (Category-I) status by MNRE2016We set up a 50 MW Solar Project in Kerala2017We became the first Indian financial institution to raise `Green Masala Bonds' listed on London Stock Exchange/Singapore Stock Exchange2019We issued our first subordinated debt (Tier-2 capital) aggregating to ?1,500 million2020We signed an MOU with SJVN to provide techno-commercial Consultancy in the field of Renewable Energy2021We opened branch offices in Western India (Mumbai) and Eastern India (Bhubaneswar)2021We signed MOUs with:(1) NHPC to provide techno-commercial consultancy in the field of renewable energy.(2) Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) to provide advisory services such as market assessment; greenfield project development; bid process management and implementation support and also debt raising services.(3) North-Eastern Electric Power Corporation Limited (NEEPCO) to provide advisory services such as market assessment; greenfield project development; bid process management and implementation support and also debt raising services.(4) Brahmaputra Valley Fertilizer Corporation Limited to provide advisory services such as market assessment; greenfield project development; bid process management and implementation support and also debt raising services.(5) THDC India Limited (THDCIL) to undertake techno-financial due diligence of renewable energy and energy efficiency & conservation projects.2022We signed MOUs with;(1)Goa Shipyard Limited, and Central Institute of Petrochemicals Engineering and Technology, to provide techno-commercial consultancy services in the field of renewable energy;(2)Bank of India (BOI) for co-lending/consortium lending for renewable energy project2023-Reserve Bank of India granted a renewed certificate of registration to our Company to commence/ carry on the business of non-banking financial institution without accepting public deposits, and classified us as an infrastructure finance company-ICRA Ratings Limited upgraded our debt instruments rating to `AAA' Stable-We signed MOUs with:(1)Bank of Maharashtra (BOM) for co-lending/consortium lending for renewable energy project(2)Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to provide techno-commercial consultancy in the field of renewable energy;-India Ratings upgraded our debt instruments rating to `IND AAA'/Stable-DPE approved upgradation of our Company from `Schedule B' to `Schedule A' Central Public Sector Enterprise 2024 -IREDA Bags Triple Honours at 14th PSE Excellence Awards. -IREDA Signing of MoU with Punjab National Bank for Co-Financing Green Energy Projects.

Read More

Parent Organisation

Indian Renewable Energy Development Agency Ltd.

Founded

11/03/1987

Managing Director

Mr.Pradip Kumar Das

NSE Symbol

IREDAEQ

FAQ

The current price of Indian Renewable Energy Development Agency Ltd is ₹ 139.85.

The 52-week high for Indian Renewable Energy Development Agency Ltd is ₹ 142.45 and the 52-week low is ₹ 139.21.

The market capitalization of Indian Renewable Energy Development Agency Ltd is currently ₹ 37588.39. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Indian Renewable Energy Development Agency Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Indian Renewable Energy Development Agency Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Indian Renewable Energy Development Agency Ltd shares.

The CEO of Indian Renewable Energy Development Agency Ltd is Mr.Pradip Kumar Das, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

OPEN FREE* DEMAT ACCOUNT