IREDA’s IPO to be managed by IDBI, BOB, and SBI Capital

The Indian government has designated IDBI Capital, BOB Capital, and SBI Capital to oversee the Indian Renewable Energy Development Agency’s (IREDA) initial public offering (IPO). IDBI Capital is the transaction’s principal banker. Additionally, Saraf and Partners has been designated as the IPO’s legal counsel. The IPO is scheduled in 2024.