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IREDA shares in focus after board approval for ₹2,994 crore QIPIn June 2025, IREDA had raised ₹2,005.9 crore via QIP, compared to the base issue of ₹1,500 crore, at a price of ₹165.14 apiece. Its stock is now at ₹130 apiece, down 22% from its last QIP issue price.By Gaurav Jawalkar  February 9, 2026, 9:02:21 AM IST (Published)1 Min ReadShares of Indian Renewable Energy Development Agency Ltd. (IREDA) are in focus on Monday, February 9, as its board approved raising ₹2,994 crore via qualified institutional placement (QIP).

The same is provided that the Centre's shareholding in the company does not dilute more than 3.76% of the post-issue.

In June 2025, the company had raised ₹2,005.9 crore via QIP, compared to the base issue of ₹1,500 crore, at a price of ₹165.14 apiece.

Its stock is now at ₹130 apiece, down 22% from its last QIP issue price.

The Centre's shareholding had reduced from 75% to 71.76% after the previous fund raise. A successful QIP will bring the Centre's holding to 68%, assuming a 3.76% dilution.

The company's current capital to risk-weighted assets ratio (CRAR) is at 19.54% compared to 17.7% in the fourth quarter of the financial year 2025. Addititional capital may boost CRAR ratio by 200 basis points.

IREDA's loan book growth was up 31% in the third quarter of FY26 at 87,975 crore from 68,960 crore in the year-ago period.

IREDA shares ended the previous session 1% lower at ₹128.69 apiece. The stock has declined 30.2% in the past year.

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