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IRM Energy IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 545.40 Cr. The company is based in Ahmedabad and caters to Oil And Gas sector. Bob Capital Markets , Hdfc Bank are the merchant bankers of IRM Energy IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th December 2022.
IRM Energy IPO open date is 18th October 2023 and close date is 20th October 2023. IPO Allotment Date is 27th October 2023 and Listing date is 26th October 2023.
IPO
Size:
₹ 545.40 Cr.
Avg IPO Size (Sector Based)
: ₹
1,584.70 cr.
Sector: Oil And Gas
IPO so far:
5
Merchant Banker:
Bob Capital
IPO by BRLM so far:
11
City:
Ahmedabad
IPO so far:
31
Revenue (annualised):
₹
994.52
cr. 
PE
Ratio:
23.54x
Average Sector PE Ratio: 14.74x
IRM Energy IPO size is ₹ 545.40 Cr. with IPO price of ₹ 505.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Bob Capital Markets Limited is the book-running lead manager of the IRM Energy IPO. Link Intime India Private Limited is the Registrar for IRM Energy IPO.
IRM Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IRM Energy IPO, based in Ahmedabad, operates in the Oil And Gas sector with a focus on Gas distribution?network devlopment and operations. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. IRM Energy IPO size is ₹ 545.40 Cr. with fresh issue size of ₹ 545.40 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for IRM Energy IPO is expected to be 27th October 2023, after the finalization of basis of allotment. Investors can check IRM Energy IPO allotment status on the registrars website, Link Intime India Private Limited . IRM Energy IPO refund dates are 27th October 2023.
IRM Energy IPO is expected to be listed on 26th October 2023.
The upper price band for the IRM Energy IPO is set at ₹ 505.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on IRM Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the IRM Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th October 2023. After submission, funds are blocked until the basis of allotment of IRM Energy IPO is finalised.
The merchant banker for IRM Energy IPO is Bob Capital Markets Limited , Hdfc Bank Limited . Bob Capital Markets Limited , Hdfc Bank Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the IRM Energy IPO RHP for further details.
The registrar for IRM Energy IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to IRM Energy IPO through their official website or helpline.
IRM Energy IPO was subscribed 27.05 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 545.40 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,584.70 Cr.
Sector: Oil And Gas
IPO so far:
5
Merchant Banker:
Bob Capital
IPO by BRLM so far:
11
City:
Ahmedabad
IPO so far:
31
Revenue (annualised):
₹ 980.96 cr.
PE
Ratio:
23.54x
Average Sector PE Ratio: 14.74x
IRM Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on IRM Energy Financial Review Page
Merchant Banker(s) of IRM Energy IPO: Bob Capital Markets Limited , Hdfc Bank Limited
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.
IRM Energy IPO listed at a listing price of 472.95 against the offer price of 505.00.
The current market price of IRM Energy is 299.60.
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