IRM ENERGY LIMITED
₹14,645(29 Shares)
Minimum Investment
IPO Dates
Oct 18, 2023 – Oct 20, 2023
Price Band
₹480–505 per equity share
Lot Size
29
Listing
Oct 26, 2023
Listing At
BSE, NSE
IRM ENERGY LIMITED Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
27.05x
IRM ENERGY LIMITED IPO Issue Details
- Issue Price
- ₹480-505 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Listing At
- BSE, NSE
- Listing Date
- Oct 26, 2023
Market Lot Details
Company Information
IRM Energy Limited is a gas distribution company. The company is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterpr...
Valuations
RoNW
18.23%
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Funding capital expenditure requirements for the development of the City Gas Distribution network in the Geographical Areas of Namakkal and Tiruchirappalli (Tamil Nadu) in Fiscal 2024, Fiscal 2025 and Fiscal 2026.
- 2Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
- 3General corporate purposes.
IRM ENERGY LIMITED – Promoter(s)
Contact Details
IRM ENERGY LIMITED IPO Documents
Frequently Asked Questions — IRM ENERGY LIMITED IPO
The IRM ENERGY LIMITED IPO price band is set at ₹480.00 to ₹505.00 per equity share.
The lot size for IRM ENERGY LIMITED IPO is 29 shares per lot. The minimum investment amount is approximately ₹14,645.
The IRM ENERGY LIMITED IPO opens on Oct 18, 2023 and closes on Oct 20, 2023.
IRM ENERGY LIMITED IPO is expected to be listed on Oct 26, 2023 on BSE, NSE.
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