18 Nov 2025 | 3 Mins Read
IREDA to raise up to ₹3,000 crore via QIP
Flipitmoney
IREDA Ltd aims to raise ₹3,000 crore through a Qualified Institutional Placement (QIP) at a 5% discount to market price. The issue is backed by banks Motilal Oswal, SBI Cap, IDBI Capital, and Emkay. IREDA's board previously approved raising ₹5,000 crore through QIP, after a ₹2,000 crore issue in June.