IRM Energy Limited IPO (IRM Energy IPO) Details

IRM Energy Limited is an Oil And Gas based company, located in Ahmedabad, IRM Energy Limited IPO size was 545.40 Cr. and was issued at 505.00 per share. The share of IRM Energy Limited were listed at 472.95 per share and are currently trading at 346.00 per share.

Ahmedabad

Oil And Gas

Type :

Sub Sector : Gas Distribution?network Devlopment And Operations

MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :

994.52 Cr.

PAT :

107.64 Cr.

Pricing Report

Issue Price :

505.00

Listing Price :

472.95

Current Market Price :

346.00

Issue Price vs CMP :

159 (31.49%)

listing Price vs CMP :

126.95 (26.84%)

Performance Report (CAGR* wise)

CAGR : -26.31

-ve 0 6 9 12+

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About IRM Energy

Object of Issue

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 0, Fiscal 0 and Fiscal 0
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company and
General corporate purposes

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Detailed Review

IRM Energy MainBoard IPO Details (at the time of IPO)

IPO Type :

Book Building

IPO Date :

Oct, 2023

IPO Size :

545.40 Cr.

Market Cap :

2073.51 Cr.

IPO Subscription :

27.05 X

PE Multiple :

23.54

Merchant Banker :
Bob Capital Markets Limited

IPO Registrar:
Link Intime India Private Limited

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FAQs

1. What is IRM Energy IPO?

IRM Energy operates in Oil And Gas and Gas Distribution?network Devlopment And Operations. The Issue is listed on MainBoard in Oct, 2023. IRM Energy IPO size was 545.40 Cr. with Issue price of 505.00 .

2. Who is the merchant banker of IRM Energy IPO?

Merchant Banker(s) of IRM Energy IPO: Bob Capital Markets Limited , Hdfc Bank Limited

3. How many times IRM Energy IPO was subscribed?

IRM Energy IPO subscription was 27.05 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of IRM Energy IPO?

IRM Energy IPO listed at a listing price of 472.95 against the offer price of 505.00.

5. What is the current market price of IRM Energy IPO?

The current market price of IRM Energy is 346.00.

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