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IREDA IPO Subscription Details

Bookbuilding IPO | ₹2,150 Cr | Listed at BSE, NSE | Tue, Nov 21, 2023 - Thu, Nov 23, 2023

Basis of Allotment - IREDA IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)13,40,13,15220,10,19,72633,50,32,8783,35,03,2886,70,06,57610,05,09,86423,45,23,01518,75,42067,19,41,177
Allotment price (Rs.)323232323232323232
No.of applications2075826586,83046,7311,33,56126,95,90913928,29,874
No.of shares applied14,09,53,09,88020,65,68,98014,30,18,78,86061,48,63,1401,69,45,02,9202,30,93,66,0601,76,56,12,48010,81,92018,37,79,39,320
Amount collected (Rs.cr.)45,104.99 661.02 45,766.01 1,967.56 5,422.41 7,389.97 5,649.96 3.46 58,809.41
No.of times subscribed105.181.0342.6918.3525.2922.987.530.5827.35
No.of shares allotted13,44,09,90220,10,19,72633,54,29,6283,35,42,9636,70,85,92610,06,28,88923,48,00,74010,81,92067,19,41,177
Amount (Rs.cr.)430.11 643.26 1,073.37 107.34 214.67 322.01 751.36 3.46 2,150.21
No.of allottees058585,20810,41715,6255,10,4361395,26,258

IPO Shares Offered

IREDA IPO is a public issue of 67.19 Cr equity shares. The issue offers 23.45 Cr shares to retail investors, 33.50 Cr shares to qualified institutional buyers, and 10.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 33,50,32,8781,072.11 49.86%
    Anchor 20,10,19,726 643.26 29.92%
    QIB (Ex Anchor) 13,40,13,152 428.84 19.94%
NII 10,05,09,864321.63 14.96%
    bNII (> ₹10L)6,70,06,576214.42 9.97%
    sNII (< ₹10L)3,35,03,288107.21 4.99%
Retail23,45,23,015750.47 34.90%
Employee18,75,4206.00 0.28%
Total67,19,41,1772,150.21 100%

IREDA IPO Anchor Investor Allocation

A total of 20,10,19,726 shares at a price of Rs 32 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 20, 2023
Anchor investor price₹32.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days10,05,09,863
No. of shares locked-in for 90 days10,05,09,863

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SBI BANKING & FINANCIAL SERVICES FUND SBI MUTUAL FUND 1,01,55,880 32.50 5.05 1.51
2 HDFC MULTI CAP FUND HDFC MUTUAL FUND 46,87,400 15.00 2.33 0.70
3 HDFC BUSINESS CYCLE FUND HDFC MUTUAL FUND 46,87,860 15.00 2.33 0.70
4 ICICI PRUDENTIAL PSU EQUITY FUND ICICI PRUDENTIAL MUTUAL FUND 46,87,400 15.00 2.33 0.70
5 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 46,87,860 15.00 2.33 0.70
6 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 70,31,100 22.50 3.50 1.05
7 NIPPON INDIA BANKING & FINANCIAL SERVICES FUND NIPPON INDIA MUTUAL FUND 11,72,080 3.75 0.58 0.17
8 NIPPON INDIA POWER & INFRA FUND NIPPON INDIA MUTUAL FUND 11,72,080 3.75 0.58 0.17
9 KOTAK CONTRA FUND KOTAK MAHINDRA MUTUAL FUND 4,94,960 1.58 0.25 0.07
10 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 8,22,020 2.63 0.41 0.12
11 KOTAK LARGE & MIDCAP FUND KOTAK MAHINDRA MUTUAL FUND 24,66,980 7.89 1.23 0.37
12 KOTAK FLEXICAP FUND KOTAK MAHINDRA MUTUAL FUND 24,66,980 7.89 1.23 0.37
13 KOTAK PIONEER FUND KOTAK MAHINDRA MUTUAL FUND 5,75,460 1.84 0.29 0.09
14 KOTAK MULTICAP FUND KOTAK MAHINDRA MUTUAL FUND 16,44,500 5.26 0.82 0.24
15 KOTAK BUSINESS CYCLE FUND KOTAK MAHINDRA MUTUAL FUND 5,75,460 1.84 0.29 0.09
16 KOTAK BANKING & FINANCIAL SERVICES FUND KOTAK MAHINDRA MUTUAL FUND 3,28,900 1.05 0.16 0.05
17 ADITYA BIRLA SUN LIFE PSU EQUITY FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 93,74,800 30.00 4.66 1.40
18 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 93,75,260 30.00 4.66 1.40
19 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND ASHOKA WHITEOAK 93,75,260 30.00 4.66 1.40
20 KOTAK FUNDS-INDIA MIDCAP FUND KOTAK 93,75,260 30.00 4.66 1.40
21 PUBLIC SECTOR PENSION INVESTMENT BOARD-IIFL ASSET MANAGEMENT LTD. PUBLIC SECTOR PENSION INVESTMENT BOARD 1,25,00,040 40.00 6.22 1.86
22 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 93,75,260 30.00 4.66 1.40
23 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 78,12,640 25.00 3.89 1.16
24 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 78,12,640 25.00 3.89 1.16
25 MAGNA UMBRELLA FUND PLC-MAGNA EM INCOME & GROWTH FUND MAGNA UMBRELLA FUND 62,50,020 20.00 3.11 0.93
26 DSP LARGE & MID CAP FUND DSP MUTUAL FUND 27,07,100 8.66 1.35 0.40
27 DSP ELSS TAX SAVER FUND DSP MUTUAL FUND 35,42,920 11.34 1.76 0.53
28 INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. INTEGRATED CORE 62,50,020 20.00 3.11 0.93
29 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 62,50,020 20.00 3.11 0.93
30 AXIS MAX LIFE INSURANCE LTD.-ULIF00225/06/04 LIFEBALANC 104-BALANCED FUND AXIS MAX LIFE INSURANCE 31,93,320 10.22 1.59 0.48
31 MAX LIFE INSURANCE CO.LTD.-ULIF 01715/02/13 PENSMAXIMI 104-PENSION MAXIMISER FUND MAX LIFE INSURANCE 12,49,820 4.00 0.62 0.19
32 MAX LIFE INSURANCE CO.LTD.-ULIF 01815/02/13 PENSPRESER 104-PENSION PRESERVER FUND MAX LIFE INSURANCE 1,25,120 0.40 0.06 0.02
33 MAX LIFE INSURANCE CO.LTD.-ULIF 00725/11/05 PENSCONSER 104-PENSION CONSERVATIVE FUND MAX LIFE INSURANCE 6,900 0.02 0.00
34 MAX LIFE INSURANCE CO.LTD.-ULIF 00117/04/06 GRATGROWTH 104-GROUP GRATUITY GROWTH FUND MAX LIFE INSURANCE 1,09,480 0.35 0.05 0.02
35 MAX LIFE INSURANCE CO.LTD.-ULIF 01004/10/06 AMSRGUADYN 104-AMSURE GUARANTEED DYNAMIC FUND MAX LIFE INSURANCE 3,220 0.01 0.00
36 UTI BANKING & FINANCIAL SERVICES FUND UTI MUTUAL FUND 46,87,860 15.00 2.33 0.70
37 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 23,43,700 7.50 1.17 0.35
38 BANDHAN FINANCIAL SERVICES FUND BANDHAN MUTUAL FUND 23,44,160 7.50 1.17 0.35
39 SOCIETE GENERALE-ODI SOCIETE GENERAL 42,19,120 13.50 2.10 0.63
40 GAM STAR EMERGING EQUITY GAM 31,25,240 10.00 1.55 0.47
41 WHITEOAK CAPITAL MID CAP FUND WHITEOAK CAPITAL MUTUAL FUND 16,38,060 5.24 0.81 0.24
42 WHITEOAK CAPITAL MULTI CAP FUND WHITEOAK CAPITAL MUTUAL FUND 9,20,000 2.94 0.46 0.14
43 WHITEOAK CAPITAL ELSS TAX SAVER FUND WHITEOAK CAPITAL MUTUAL FUND 1,72,960 0.55 0.09 0.03
44 WHITEOAK CAPITAL LARGE CAP FUND WHITEOAK CAPITAL MUTUAL FUND 3,94,220 1.26 0.20 0.06
45 SUNDARAM MULTI CAP FUND SUNDARAM MUTUAL FUND 14,06,220 4.50 0.70 0.21
46 SUNDARAM MID CAP FUND SUNDARAM MUTUAL FUND 14,06,220 4.50 0.70 0.21
47 SUNDARAM INFRASTRUCTURE ADVANTAGE FUND SUNDARAM MUTUAL FUND 3,12,800 1.00 0.16 0.05
48 BARODA BNP PARIBAS BANKING & FINANCIAL SERVICES FUND BARODA BNP PARIBAS MUTUAL FUND 5,62,120 1.80 0.28 0.08
49 BARODA BNP PARIBAS LARGE & MID CAP FUND BARODA BNP PARIBAS MUTUAL FUND 25,63,120 8.20 1.28 0.38
50 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 31,25,240 10.00 1.55 0.47
51 LIC MF LARGE & MID CAP FUND LIC MUTUAL FUND 31,25,240 10.00 1.55 0.47
52 RELIANCE NIPPON LIFE INSURANCE CO.LTD. RELIANCE NIPPON LIFE INSURANCE 31,25,240 10.00 1.55 0.47
53 DURO ONE INVESTMENTS LTD. DURO 31,25,240 10.00 1.55 0.47
54 BNP PARIBAS ARBITRAGE-ODI BNP PARIBAS 31,25,240 10.00 1.55 0.47
55 MOON CAPITAL TRADING PTE.LTD. MOON CAPITAL 22,63,846 7.24 1.13 0.34
56 COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT COPTHALL 15,62,620 5.00 0.78 0.23
57 KOTAK OPTIMUS AGGRESSIVE SCHEME KOTAK 15,62,620 5.00 0.78 0.23
58 GOLDMAN SACHS (SINGAPORE) PTE.-ODI GOLDMAN SACHS 15,62,620 5.00 0.78 0.23
20,10,19,726643.2610029.92

IPO Subscription FAQs

The IREDA IPO is subscribed 38.8 times by Nov 23, 2023 17:39.

IREDA IPO Subscription

Investor Category Subscription (times)
Qualified Institutional104.57
Non Institutional24.16
Retail Individual7.73
Employee Reservations9.8
Total Subscription38.8

Retail category of IREDA IPO subscribed 7.73 times as of date Nov 23, 2023 17:39. The public issue closes on Thu, Nov 23, 2023 for bidding.

An investor can apply in IREDA IPO online via bank (using ASBA) or the broker (using UPI). The IREDA IPO shares are offered online only.

The IREDA IPO is subscribed 38.8 times by Nov 23, 2023 17:39.

The IREDA IPO allotment status is expected on or around Friday, November 24, 2023. Visit IREDA IPO allotment status to check.

The IREDA IPO listing date is November 29, 2023. The equity share of IREDA IPO will list on BSE, NSE.

Visit IREDA IPO subscription status page for real-time bidding information about IREDA IPO.

IREDA IPO Timetable

IPO opens OnTuesday, November 21, 2023
IPO Closes OnThursday, November 23, 2023
Finalisation of Basis of AllotmentFriday, November 24, 2023
Initiation of RefundsSaturday, November 25, 2023
Credit of Shares to Demat AccountTuesday, November 28, 2023
IPO Listing DateWednesday, November 29, 2023

Read more about IREDA IPO

IPO Details
IPO Recommendations
IPO Live Subscription
IPO Live News
IPO Allotment Status
IPO Basis of Allotment Document
IPO FAQs

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