The details about the IRM Energy Limited IPO is as:
- The issue size of the IPO is 545.40 Cr.
- The price band for IRM Energy Limited IPO is Rs 480 to Rs 505.
- The shares of IRM Energy Limited IPO will list on 26th October 2023.
- The latest tentative GMP of IRM Energy Limited IPO is Rs 45.
- The shares of IRM Energy Limited IPO is subscribed 27.05 Times as of 20th October 2023.
IRM Energy Limited IPO Valuation
The approx valuation of IRM Energy Limited IPO company based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 505 |
| Existing Shares (Qty) |
3.02 Cr |
| Fresh Issue |
545.40 Cr |
| Market Cap |
2070.5 Cr |
| EPS (FY23) |
Rs 20.93 |
| PE Ratio |
24.12x |
| Industry PE |
43.93x |
IRM Energy Limited IPO Issue Size
IRM Energy Limited IPO issue size is 545.40 Cr.
| Issue |
Amount |
| Fresh Issue |
545.40 Cr |
| Offer For Sale |
0 Cr |
IRM Energy Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 29 shares and a maximum of 13 lots of 377 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
29 |
14,645 |
| Maximum |
13 |
377 |
1,90,385 |
IRM Energy Limited IPO share offer
The shares of IRM Energy Limited IPO is subscribed 25.84 Times as of 3:37 pm, 20th October 2023. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
44.73 Times |
| Non-Institutional |
Minimum 15% |
48.34 Times |
| Retail Individual |
Minimum 35% |
9.29 Times |
| Employee |
2,16,000 Shares |
2.05 Times |
| Total |
|
25.84Times |
Find below the dates for IRM Energy Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
23 October 2023 |
| Refunds |
25 October 2023 |
| Credit to Demat Account |
25 October 2023 |
| IPO Listing Date |
26 October 2023 |