IREDA’s IPO is expected to see ___ stake sale by the government and ___ fresh equity issuance by IREDA.

(a) 5%, 20%

(b) 10%, 15%

(c) 15%, 10%

(d) 20%, 5%

Ans.(b)

Sol. The IPO of IREDA will involve a 10% stake sale by the government and a 15% fresh equity issuance by IREDA.