Indian Renewable Energy Development Agency (IREDA) share price gained 1.73% on April 11, 2025, after the company reported a rise in retail shareholding to 20.25%, up from 19.95%. This growth precedes the company’s board meeting on April 15, 2025, to discuss its Q4 FY25 results.
As per the company’s latest shareholding pattern, IREDA now has 26.48 lakh retail shareholders—defined as those holding authorised share capital of up to ₹2 lakh—who collectively own a 20.25% stake in the company. This marks an increase from 25.88 lakh shareholders holding a 19.95% stake as of December 2024.
Government shareholding has remained unchanged at 75%, maintaining its majority stake in the company. The number of small shareholders has steadily grown since the company’s listing in late 2023.
Domestic mutual funds continue to have minimal exposure to IREDA shares. Their stake stood at 0.23% as of March 2025, slightly down from 0.28% in the previous quarter.
Foreign Portfolio Investors (FPIs) also showed minimal change, holding a 1.75% stake, compared to 1.85% at the end of December 2024. The overall institutional holding in IREDA remains relatively low.
IREDA disclosed that its loan sanctions grew by 27% year-on-year during the January to March 2025 period. Total sanctioned loans stood at ₹47,453 crore, up from ₹37,354 crore in the same quarter last year.
The company has also established a new retail-focused subsidiary to serve segments such as Rooftop Solar, PM-KUSUM, Electric Vehicles, and other B2C initiatives. This move is expected to enhance IREDA’s presence in individual and small-scale renewable energy projects.
In addition, IREDA’s board has approved a borrowing plan of ₹30,800 crore for FY26 to support its growing lending activities.
IREDA is yet to announce a timeline for its proposed Qualified Institutional Placement (QIP) to raise ₹5,000 crore. The board approved the fundraising exercise earlier this year, and shareholders gave their approval in February 2025.
The QIP is part of the company’s broader plan to raise capital for future growth. Market participants await further clarity following the Q4 results announcement.
On April 11, 2025, IREDA share price opened at ₹156.50, up from its previous close of ₹151.62. By the end of the day, it closed at ₹154.25 on the NSE, reflecting a 1.73% intraday gain.
The stock’s 52-week high was ₹310.00, reached on 15 July 2024, while its 52-week low was ₹137.01, recorded on 17 March 2025.
With a growing retail investor base and rising loan activity, IREDA continues to expand its footprint in the renewable energy financing sector. Investors now await the company’s fourth-quarter results and further updates on its planned capital raise through QIP.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 11, 2025, 4:19 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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