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IRM Energy Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹505
Issue Price
₹505
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹505
GMP based
Lot Size
29
shares / lot
Min Amount
₹14,645
1 lot · 29 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
18 Oct 2023
Wed Completed
Done
Close Date
20 Oct 2023
Fri Completed
Done
Allotment
27 Oct 2023
Fri Completed
Done
Refund
27 Oct 2023
Fri Completed
Done
Demat Credit
30 Oct 2023
Mon Completed
Done
Listing Date
26 Oct 2023
Thu Completed
UPI Deadline: 20 Oct 2023
Issue Details
Pricing & Size
Issue Price
₹505 Face ₹10
Lot Size
29 shares
Min Investment
₹14,645
Total Issue Size
1,08,00,000 shares (aggregating up to ₹545.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
52,92,000 (49.00%)
NII / HNI
15,87,600 (14.70%)
Retail
37,04,400 (34.30%)
Employee
2,16,000 (2.00%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
-
Post-Issue Shareholding
4,10,59,677 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 29 ₹14,645
HNI / NII 14 406 ₹2,05,030
bHNI / bNII 69 2,001 ₹10,10,505
Objects of Issue
3 objectives
1
Funding 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;
2
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and
3
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
HDFC Bank Ltd.
BOB Capital Markets Ltd.
IPO Timeline
Open
18 Oct
✓ Done
Close
20 Oct
✓ Done
Allotment
27 Oct
✓ Done
Listing
26 Oct
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
irmenergy.ipo@linkintime.co.in
Company Contact
Email
investor.relations@irmenergy.com
Phone
+917949031500
Address
4th Floor, Block 8, Magnet Corporate Park, Near Sola Bridge S.G. Highway, Ahmedabad 380054 Ahmedabad, Gujarat
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹505
Est. Listing
₹505
Lot Size
29 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
IRM Energy Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹505
GMP
+₹0 (+0%)
GMP Est. Listing
₹505
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 52,92,000 (49.00%) ₹26,724.60 Cr
NII / HNI (Total) 15,87,600 (14.70%) ₹8,017.38 Cr
Retail Investors 37,04,400 (34.30%) ₹18,707.22 Cr
Employee 2,16,000 (2.00%) ₹109.08 Cr
Total ** 1,08,00,000 (100.00%) ₹545,400.01 Cr
* Based on ₹505.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
52,92,000 (49.00%)
NII
15,87,600 (14.70%)
Retail
37,04,400 (34.30%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30 Jun 202331 Mar 202331 Mar 2022
Revenue248.631045.10549.19
PAT26.9163.14128.03
EBITDA
Net Worth373.33346.42243.72
Total Assets838.21792.90554.80
Reserves193.30
Borrowings321.24303.83202.59
Key Financial Ratios
18.23%
ROE
Return on Equity
14.19%
ROCE
Return on Capital Employed
18.23%
RONW
Return on Net Worth
0.93
D/E Ratio
Debt to Equity
20.93
Pre EPS
EPS Pre-Issue
24.13
Pre P/E
P/E Pre-Issue
32.8
Post P/E
P/E Post-Issue
About IRM Energy Ltd.

Incorporated in 2015, 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 enterprise serving industrial, commercial, domestic, and automobile customers.

The company has marked its presence in Banaskantha District in the state of Gujarat, Fatehgarh Sahib in the state of Punjab, and Diu & Gir-Somnath in the Union Territory of Daman & Diu and the state of Gujarat.

The company is fulfilling the natural gas requirements of 48172 domestic clients, 179 industrial units, and 248 commercial clients.

The company has received an award of City Gas Distribution- Growing Company of the Year 2020 from the Federation of Indian Petroleum Industries.

As of September 2022, the company has 216 CNG gas stations across its operating geographical areas.

Frequently Asked Questions
What is the issue price of IRM Energy Ltd. IPO?
The issue price of IRM Energy Ltd. IPO is ₹505 per share, face value ₹10.
What is the lot size?
Minimum lot size is 29 shares, requiring ₹14,645.
What are the IPO dates?
Opens 18 Oct 2023, closes 20 Oct 2023.
When is the listing date?
Tentative listing: 26 Oct 2023 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹505 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

IRM Energy Ltd. IPO · Expected 27 Oct 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
27 Oct 2023
Refund Initiation
27 Oct 2023
Demat Credit
30 Oct 2023
Listing Date
26 Oct 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹505
Face ₹10
Lot Size
29
shares / lot
Min Amount
₹14,645
1 lot
Est. Listing
₹505
GMP +₹0
Key Dates
Open
18 Oct Done
Close
20 Oct Done
Listing
26 Oct Done
Registrar
MUFG Intime India Pvt.Ltd.
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