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IRM ENERGY LIMITED IPO Subscription Status

📅Offer Date: 18 Oct 2023 – 20 Oct 2023

Minimum investment
₹14,64529 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total27.05x
QIB44.73x
NII48.34x
Retail9.29x

IRM ENERGY LIMITED IPO was subscribed 27.05x in total when bidding closed on 20 Oct 2023, with 44.73x in the QIB category, 48.34x in NII, 9.29x in retail. The issue ran from 18 Oct 2023 to 20 Oct 2023 at a price band of ₹480.00–₹505.00 per share.

QIB44.73xNII48.34xRetail9.29xTotal27.05x1×

Times subscribed by category against the 1× line.

10
≈ 1 in 10 retail allotment
low allotment chance

Based on retail subscription (9.29x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs21,16,8009,46,84,46444.73x
NIIs15,87,6007,67,44,58448.34x
SNIIs (<10L)5,29,2002,14,11,43240.46x
BNIIs (>10L)10,58,4005,53,43,73652.29x
Retail37,04,4003,44,13,8769.29x
Employee2,16,0004,42,8002.05x
Total76,24,80020,62,50,84027.05x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs106.904781.5744.73x
NIIs80.173875.6048.34x
Retail187.071737.909.29x
Employee10.9122.362.05x
Total385.0510417.4327.05x

Values derived from share count × issue price (₹505.00)

What this means for allotment & listing

Because IRM ENERGY LIMITED closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

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