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“IREDA IPO Sees 2.29x Subscription on Day Two: Comprehensive Insights from GMP to Brokerage Perspectives”
The IPO for the Indian Renewable Energy Development Agency (IREDA) kept gaining significant traction among investors. By 10:09 am on the second day of bidding, which fell on November 22, 2023, the subscription rate reached 2.19 times the total issue size. This demonstrated a strong interest from investors in securing a stake in the company.…