Mumbai, June 6 -- The board of directors of the bank authorized and declared the opening of the issue on Thursday, 5 June 2025.
The floor price of Rs 173.83 is at a discount of 1.51% to the scrip's previous closing price of Rs 176.50 on the BSE.
The bank may, at its discretion, offer a discount of not more than 5% on the floor price so calculated for the QIP.
Indian Renewable Energy Development Agency (IREDA) is a 'Navratna' Government of India enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). IREDA is a public limited government company, established as a non-banking financial institution in 1987, engaged in promoting, developing, and extending financial assistance for setting up projects rel...