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IREDA
4.7
based on 6 Reviews
Company Overview
Company Locations
Working at IREDA
Company Summary
Overall Rating
4.6/5
based on 6 reviews

15% above
industry average

Highly rated for
Job security, Work-life balance, Salary
Work Policy

Monday to Friday
50% employees reported

Flexible timing
50% employees reported

No travel
75% employees reported

Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Office gym
1 employee reported
Health insurance
1 employee reported
View detailed benefits
About IREDA
Founded in--
India Employee Count--
Global Employee Count51-200
HeadquartersNew Delhi
Office Locations
--
Websiteireda.in
Primary Industry
Other Industries
--
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IREDA Ratings
based on 6 reviews
Overall Rating
4.6/5
How AmbitionBox ratings work?
5
4
4
1
3
1
2
0
1
0
Category Ratings
5.0
Job security
4.5
Work-life balance
4.2
Salary
4.1
Company culture
4.1
Work satisfaction
3.7
Skill development
3.7
Promotions
IREDA is rated 4.6 out of 5 stars on AmbitionBox, based on 6 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
IREDA Reviews
Compare IREDA with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.7/5 based on 6 reviews | 4.3/5 based on 1.1k reviews | 4.1/5 based on 1.2k reviews | 4.2/5 based on 1.2k reviews |
Highly Rated for | Job security Work-life balance Salary | Company culture Work-life balance Skill development | Salary Job security Skill development | Job security Skill development Company culture |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | - | Hybrid 56% employees reported | Work from office 74% employees reported | Work from office 76% employees reported |
Rating by Women Employees | 5.0 Excellent rated by 1 women | 4.0 Good rated by 97 women | 3.8 Good rated by 7 women | 3.7 Good rated by 89 women |
Rating by Men Employees | 4.5 Good rated by 4 men | 4.3 Good rated by 940 men | 4.1 Good rated by 1.2k men | 4.3 Good rated by 1.1k men |
Job security | 5.0 Excellent | 3.8 Good | 4.1 Good | 4.2 Good |
View more
IREDA Salaries
IREDA salaries have received with an average score of 4.2 out of 5 by 6 employees.
Executive Trainee
(7 salaries)
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₹21 L/yr - ₹22 L/yr
Deputy Manager
(4 salaries)
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₹20 L/yr - ₹22 L/yr
Software Programmer
(2 salaries)
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₹3 L/yr - ₹3.9 L/yr
Project Engineer
(2 salaries)
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₹3.2 L/yr - ₹4.1 L/yr
Social Safeguard Specialist
(2 salaries)
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₹13.5 L/yr - ₹17.2 L/yr
Information Technology Assistant
(2 salaries)
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₹7.2 L/yr - ₹9.2 L/yr
Executive Trainer
(2 salaries)
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₹18 L/yr - ₹23 L/yr
InHouse Counsel
(2 salaries)
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₹2.7 L/yr - ₹3.5 L/yr
Industrial Trainee
(1 salaries)
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₹2.3 L/yr - ₹3 L/yr
Chief Manager
(1 salaries)
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₹20.7 L/yr - ₹26.5 L/yr
IREDA News
View all
Gensol controversy: IREDA files complaint with EoW
- IREDA has filed a complaint with the Economic Offences Wing (EoW) against Gensol Engineering.
- Gensol's account is currently under stress, but it is not classified as an NPA.
- PFC also filed a complaint with the EoW regarding Gensol Engineering promoters submitting fake documents.
- IREDA's Investigation and Risk Committees are closely examining the matter and will take appropriate actions.
HinduBusinessLine | 25 Apr, 2025

PFC May Raise Rs 10,000 Crore, Four Others Seek Government Nod To Issue Deep Discount Bonds
- Power Finance Corp. (PFC) is in talks to raise up to Rs 10,000 crore through zero coupon bonds by May.
- Other public sector companies, including NABARD, SIDBI, IREDA, IRFC, and REC, are also seeking approval to issue similar bonds.
- Deep discount bonds are sold at a discount of over 20% than their face value and are tax efficient.
- REC previously raised over Rs 2,700 crore through deep discounted bonds, which received strong demand.
Bloomberg Quint | 23 Apr, 2025

GENtlemen, SOLve This Mess You've Created
- SEBI is investigating Gensol and BluSmart for fund utilization issues, raising questions about oversight by lenders like IREDA and PFC.
- India's startup ecosystem faces challenges from founders exploiting trust, regulatory gaps, and creating false impressions to acquire public funds.
- The BluSmart-Gensol saga reveals financial misconduct, regulatory failures, and misused funds, prompting concerns over corporate governance.
- Founders resort to deceptive tactics to secure investments, awards, and government support, exploiting loopholes in due diligence processes.
- Misappropriation of funds by Gensol includes transfer of large sums between related parties, highlighting severe governance issues.
- The promoters' control over financial decisions despite reduced stake in Gensol raises concerns about corporate governance and financial transparency.
- SEBI's investigation into Gensol underscores the need for accountability among all stakeholders involved, not just the founders.
- The interplay between promoters and related entities in the Gensol case emphasizes the importance of upholding corporate governance standards.
- Swift action against financial misconduct perpetrators is expected with SEBI's involvement, aiming for accountability and justice.
- The repercussions of the BluSmart-Gensol case highlight the significance of due diligence, regulatory oversight, and transparency in corporate dealings.
Bloomberg Quint | 20 Apr, 2025

BluSmart crisis: Green mobility’s red flag is giving HNIs bond blues
- BluSmart Mobility's Rs 100 crore bonds sold to investors have left them facing repayment uncertainties as the operations halt.
- Fintech platforms like Yubi, Centricity, and Klub syndicated BluSmart's debt and investors are losing faith due to lack of due diligence.
- Sebi is probing Gensol Engineering, promoted by BluSmart's co-founder, for fund diversion.
- Around Rs 80-85 crore due for redemption in 2025-2026, with concerns rising as operations halt and bond repayments delay.
- BluSmart defaulted on Rs 30 crore bonds in February 2025, delaying employee salaries and triggering trustee cross-default.
- Investors fear repayments will stop as operations cease, and BluSmart transitions vehicles to Uber.
- Sebi's investigation revealed fund diversion by BluSmart's co-founder for personal use.
- Repayment concerns arise with Care Ratings downgrading a PTC worth Rs 6 crore to 'C', indicating high default chances.
- BluSmart has around Rs 150-160 crore of NCD repayment annually, with unclear documentation for debentures' underlying assets.
- PFC and Ireda are pursuing legal remedies to safeguard their loan exposure to Gensol Engineering.
Economic Times | 19 Apr, 2025

NHEV to consult PFC, IREDA to take over 2,700 BluSmart cabs
- The Ethical Governance Committee (EoDB) and NHEV (Procurement Committee) of the Centre met to discuss the issues arising from the alleged scam by BluSmart co-founders.
- NHEV expressed concerns about placing an order with BluSmart due to the risks involved and the urgent need to address the company's troubles.
- EoDB is planning to hold a meeting with BluSmart financiers, PFC and IREDA, to discuss the acquisition of EVs and the possibility of PFC and IREDA taking legal action against BluSmart.
- The NHEV pilot project aims to establish e-highways by transforming 5,500 km of national highway stretches with the use of 2,700 EVs and other vehicles.
HinduBusinessLine | 18 Apr, 2025
RBI may look into IREDA and PFC loans to Gensol Engineering
- Securities and Exchange Board of India (SEBI) has ordered an investigation into the loans provided by IREDA and PFC to Gensol Engineering.
- SEBI found that the term loans provided to Gensol for purchasing electric vehicles were diverted for personal use and the company had misutilized and diverted funds.
- IREDA and PFC did not respond to emails seeking clarification on the loans and their monitoring of end-use.
- Gensol was also a defaulter in making instalment payments on the loans according to SEBI's investigation.
HinduBusinessLine | 17 Apr, 2025
Top gainers & losers intraday April 16, 2025: IndusInd lead gains, Gensol, HDFC Bank, IREDA, ICICI Prudential shares in action
- The broader indices were steady, with Sensex trading up 0.02% and Nifty 50 up 0.0%.
- IndusInd shares gained 5.50%, leading the pack of gainers, while Hindalco, Maruti, Bajaj Auto, JSW Steel, and Shriram Finance declined.
- ICICI Prudential shares gained 6% as Q4 profit doubled, brokerages divided.
- IREDA, Indian Bank, Paytm, and Bank of India gained 3-8% among midcap index.
HinduBusinessLine | 16 Apr, 2025

IREDA shares soar 6% post Q4 results
- IREDA, the State-owned company, reported a 49% increase in its standalone profit after tax to ₹502 crore in Q4 2025.
- The revenue also rose by 37% year-on-year to ₹1,904 crore in the fourth quarter.
- Loan sanctions for FY25 increased by 27% to ₹47,453 crore, and loan disbursements were up by 20% to ₹30,168 crore compared to the previous year.
- IREDA shares traded higher by 5.74% on the NSE, reaching ₹176.56, after hitting a high of ₹179.50.
HinduBusinessLine | 16 Apr, 2025

Ireda Share Price Rises After Q4 Profit Growth
- Ireda Share Price Rises After Q4 Profit Growth
- The non-banking financial company reported a consolidated net profit of Rs 502 crore, marking a 48.7% increase from the same period last year.
- The company's total income grew by 37.7% to Rs 1,916 crore compared to the year-ago quarter.
- Ireda's loan book expanded by 28% to Rs 75,319.98 crore as of March 31, 2025.
Bloomberg Quint | 16 Apr, 2025

Stocks To Watch Today: Gensol Engineering, IndusInd Bank, RIL, ONGC, Ireda
- An array of stocks linked to the oil and gas sector, including RIL, ONGC, and Oil India will be in focus on Wednesday.
- Gensol Engineering will be in focus as SEBI has barred its promoters from securities markets due to fund diversion charge.
- IndusInd Bank revealed a financial impact of Rs 1,979 crore due to derivative accounting discrepancies.
- Other stocks to watch include ICICI Prudential Life Insurance, Ireda, ICICI Lombard General Insurance, Blue Dart Express, Mahanagar Gas, Axis Bank, and Indraprastha Gas.
Bloomberg Quint | 16 Apr, 2025

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IREDA FAQs
Where is the IREDA headquarters located?
IREDA is headquartered in New Delhi.
Does IREDA have good work-life balance?
IREDA has a work-life balance rating of 4.5 out of 5 based on 6 employee reviews on AmbitionBox. 83% employees rated IREDA 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read IREDA reviews for more details
Is IREDA good for career growth?
Career growth at IREDA is rated fairly well, with a promotions and appraisal rating of 3.7. 83% employees rated IREDA 4 or above, while 17% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading IREDA reviews for more detailed insights.
What are the pros of working in IREDA?
Working at IREDA offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and salary & benefits, based on 6 employee reviews on AmbitionBox.
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