Indian Renewable Energy Development Agency IPO

Investec India acted as a syndicate member for Indian Renewable Energy Development Agency’s IPO

Indian Renewable Energy Development Agency raised INR 2,150 Cr via Initial Public Offering (IPO).

Investec's role:

Investec played a crucial role in converting marquee long-only investors and hand holding the management throughout the IPO Process.
Delivered stellar performance with the highest procurement amongst BRLMS with a 66% share of the Anchor Book.

About Indian Renewable Energy Development Agency Limited:

Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India.

The company operates in two segments, Financing and Generation. It promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. It also generates solar, wind, hydro, and waste to energy power.

The company was incorporated in 1987 and is based in New Delhi, India.