IRM Energy IPO Review, Dates, Prices, GMP, Fundamentals

IRM Energy IPO: 1.01 crore shares are being sold in the book-built IPO for IRM Energy. 1.01 crore shares are being issued totally as new shares.

Dates for the IRM Energy IPO have not yet been released. Price bands for the IRM Energy IPO have not yet been disclosed.

The registrar for the IRM Energy IPO is Link Intime India Private Ltd, and the book-running lead managers are Hdfc Bank Limited and Bob Capital Markets Limited.

IRM Energy IPO Overview

IRM Energy Limited Company Overview
Company Name IRM Energy Limited
IPO Opening Date 2023
IPO Closing Date 2023
Face Value 10₹ Per Share
Share Price Range [.]₹
Lot Size [.]
GMP Check Here
Issue Type Book Built Issue
Total IPO Issue Size 10,100,000 Shares
Fresh Issue Size 10,100,000 Shares
IPO Listing At NSE, BSE
Share Holding Pre Issue 30,259,677
More IPO’s Check Here


IRM Energy IPO Lot Size

IRM Energy Limited IPO Lot Size
Minimum Retail Applications 01 Lot
Maximum Retail Applications [.] Lot
Minimum HNI Applications [.] Lots
Total Shares In Single Lot [.] Shares
Amount For Single Lot ₹[.]


IRM Energy IPO Time Table (Tentative)

IRM Energy Limited IPO Time Table Complete Details
IPO Initiation Date 2023
IPO Ending Date 2023
Basis Of Allotment 2023
Initiation Of Refund 2023
Shares Credit To Demat Account 2023
Date Of Listing 2023
Cut Off Time For UPI Mandate Confirmation 2023


IRM Energy IPO Reservation Details

IRM Energy Limited IPO Reservation Overview
Shares Offered To Retailers Not Less Than 35% Of Net Offer
Shares Offered To HNI Not Less Than 15% Of Net Offer
Shares Offered To QIB Not More Than 50% Of Net Offer


IRM Energy Company Financials

The revenue of IRM Energy Limited decreased between the fiscal year ending on September 30, 2022, and the fiscal year ending on March 31, 2022, by -7.71%, while the profit after tax (PAT) decreased by -69.35%.

IRM Energy Limited Company Financials Information
This Data Is Of 30 September, 2022
Total Revenue 506.87 Cr
Assets 730.26 Cr
Profit After Tax 39.25 Cr
Net Worth 307.64 Cr
Reserves And Surplus 1256.60 Cr
Debt 287.84 Cr


IRM Energy Promoters Holding

Share Holding Pre Issue 67.94%
Share Holding Post Issue


IRM Energy Key Performance Indicators

IRM Energy Limited Key Performance Indicators
KPI Values
Debt/Equity 0.93
EPS 43.88
ROE 52.53%
ROCE 39.01%
RoNW 52.53%


What Is The Future Of IRM Energy Stock?

IRM Energy Limited is a gas distribution business that was incorporated in 2015. The business is engaged in creating, running, and growing the neighborhood’s natural gas distribution system. IRM Energy is a value-driven energy company that caters to customers in the commercial, residential, automotive, and industrial sectors.

The business has established presences in the states of Gujarat’s Banaskantha District, Punjab’s Fatehgarh Sahib, Gujarat’s Diu & Gir-Somnath, and Punjab’s Fatehgarh Sahib.

48172 home clients, 179 industrial facilities, and 248 commercial clients have their natural gas needs met by the company.

The Federation of Indian Petroleum Industries has recognized the company as the City Gas Distribution-Growing Company of the Year 2020. In its operating geographic areas as of September 2022, the corporation has 216 CNG gas stations.


What Is The Objective Of IRM Energy IPO Issue?

  • Financing the necessary capital outlays for the construction of the city gas distribution network in the Tamil Nadu geographic areas of Namakkal and Tiruchirappalli in the fiscal years 2024, 2025, and 2026.
  • Prepayment or partial repayment of a number of the Company’s outstanding borrowings.
  • Overall corporate objectives.


How To Apply For IRM Energy IPO?

Applying for the IRM Energy IPO online is possible with either ASBA or UPI as a means of payment. You can access the ASBA IPO application through your bank account’s net banking. Brokers without a banking license can apply for an IPO via UPI. To apply for an IPO online, use Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, or SBI Bank.

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