IREDA Raises ₹453 Crore Through Perpetual Bonds, Stock jumps 4% in 2 Days

IREDA bond issue 2025: Indian Renewable Energy Development Agency (IREDA) raised ₹453 crore from a highly oversubscribed perpetual bond issue at 7.70% coupon rate. Shares traded around ₹152.85 with expert target prices projecting growth. Key Q1 FY26 performance and expert brokerage targets detailed.

IREDA perpetual bonds

The Indian Renewable Energy Development Agency (IREDA) successfully raised ₹453 crore through its second issue of perpetual bonds at a coupon rate of 7.70% per annum. The bond issue witnessed strong investor interest, with bids totaling ₹1,343 crore against a base size of ₹100 crore and a green shoe option of ₹400 crore, leading to an oversubscription of 2.69 times. The funds raised will strengthen IREDA’s Tier-I capital, enabling it to accelerate financing for renewable energy projects aimed at promoting a sustainable and greener India.

Chairman and Managing Director Pradip Kumar Das say that the capital infusion will bolster IREDA’s capacity to support solar, wind, bioenergy, and emerging green technologies, playing a role in the country’s energy transition.

Also Read: Suzlon Win FY26’s Biggest Wind Energy Deal, Expert Targets Upwards of ₹80

IREDA Share Price Today

As of September 16, 2025, IREDA shares are trading around ₹152.85 on the NSE, with an intraday high of ₹153.42. The stock now trading with stable volumes and market capitalization of approximately ₹42,841 crore. Over the past month, the stock has shown 1.47% gain and has climbed over 3.5% in the last six months. The 52-week high remains ₹239.90, and the 52-week low is ₹137.01.

Ireda Share Price Today Update 16th Sept
Ireda Share Price Today Update 16th Sept 2025 (Source: Google Finance)

IREDA Trading at 37% Discount from 52-Week High

Currentely, IREDA shares are trading at ₹153 on 16th Sept 2025 on NSE, which is approximately 36.17% below its 52-week high of ₹239.90. This substantial discount presents a good opportunity for investors to buy the stock at a lower price relative to its recent peak with long-term potential in the renewable energy sector.

The current price level and volumes also indicates market stability for upside, supported by IREDA’s recent capital-raising efforts via perpetual bonds and its steady financial fundamentals

Also Read: Bajaj Finance Share Price Rockets Beyond ₹1,000

Q1 FY26 Results

In Q1 FY26, IREDA reported a strong 30% increase in total income from operations, which rose to ₹1,960 crore from ₹1,511 crore in the same period last year.

Operating profit surged by 49% year-on-year to ₹677 crore. The loan book expanded by 26% to ₹79,941 crore, while loan disbursements also increased 31% year-on-year but the consolidated net profit declined by 36% to ₹247 crore due to higher provisions and asset quality challenges, with net NPA rising to 2.06% from 1.35% in the previous quarter.

IREDA Share Price Target

Here is the updated Expert and Brokerage Target Price section with specific firm names and their target prices:

Brokerage Firms / ExpertTarget Price (₹)
ET Now Market Experts425.00
ICICI Direct173.00
Average Target Price254.18

Also Read: IREDA Share Price Target 2025-2050

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Abhishek Rodi

Investor, Trader, and An Engineer! Unlock the secrets of successful investment & trading, where I will share my 5+ year journey's insights.

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