State-owned IREDA has raised ₹453 crore via its second issue of perpetual bonds at 7.70% interest per annum. The issue saw bids worth ₹1,343 crore against a base of ₹100 crore and a green-shoe option of ₹400 crore, oversubscribed by 2.69 times. This reflects strong investor confidence in IREDA’s role in renewable energy financing.
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