Tag: Initial public offering (IPO)

State-run Indian Renewable Energy Development Agency (IREDA) has filed its draft red herring prospectus (DRHP) with capital market regulator SEBI to raise funds through for its initial public offering (IPO).The IPO with a face value of ₹10 includes a fresh issue of up to 403.16 million equity shares and an offer for sale (OFS) of up to 268.78 million shares by the President of India, acting through the Ministry of New and Renewable Energy (MNRE).The offer includes a reservation of up to for subscription by eligible employees. Also read:...