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Dear Investor, a new IPO is about to come into the markets named IRM Energy IPO. IRM Energy IPO is opening on 18 October 2023 and this IPO is going to close on 20 October 2023. IRM Energy IPO allotment is on 26th October, refund is on 27th October, share credit in demat account will be on 30th October and listing of IRM Energy IPO will be on 31st October. IRM Energy IPO will be listed on BSE and NSE. Promoter holding of IRM Energy IPO is 67%. Chanting is very good. IRM Energy IPO Link is registered with Intime India Private Ltd.
Dear investors Check out IRM Energy IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. IRM Energy IPO GMP today is ₹50. IRM Energy IPO’s estimated listing price is ₹555 (cap price + today’s GMP).
IRM Energy IPO Date
- Open – October 18, 2023
- Close – October 20, 2023
- Basis of Allotment – October 26, 2023
- Refunds – October 27, 2023
- A credit of Shares to Demat AC – October 30, 2023
- Listing Date – October 31, 2023
IRM Energy IPO Price, Lot Size
- Face Value: ₹10 per share
- Price Range: 480 to 505 per share
- Lot Size: 29
- Total Issue Size: 10,100,000 shares (aggregating up to ₹545 Crore)
- Fresh Issue: 10,100,000 shares (aggregating up to ₹545 Crore)
- Issue Type: Book Built Issue IPO
- Listing At: BSE, NSE
IRM Energy IPO GMP Today Price | Gray Markets Price Today
Per the last update on October 20, 2023, at 11 AM, the latest GMP (Gray Markets Price) for IRM Energy IPO is ₹50. The base price of the IPO is ₹505, with an estimated listing price of ₹555 (9.27%) (cap price + today’s GMP). This suggests an expected profit per share of 9.27%.
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IRM Energy IPO GMP Today
| Date | GMP | Subject to Sauda | IPO Price |
Estimated Listing Price |
| 20 October | ₹50 | 18200 | 505 | ₹555 (9.27%) |
| 19 October | ₹67 | 21000 | 505 | ₹572 (13.27%) |
| 18 October | ₹67 | 21000 | 505 | ₹572 (13.27%) |
| 17 October | ₹67 | 21000 | 505 | ₹572 (13.27%) |
| 16 October | ₹72 | 22400 | 505 | ₹577 (14.27%) |
| 15 October | ₹68 | 21000 | 505 | ₹573 (13.47%) |
| 14 October | ₹65 | 19600 | 505 | ₹570 (12.87%) |
| 13 October | ₹75 | 23800 | 505 | ₹580 (14.85%) |
| 12 October | ₹90 | 28000 | 505 | ₹595 (17.82%) |
| 11 October | ₹90 | 28000 | 505 | ₹595 (17.82%) |
IRM Energy IPO GMP estimates that the Share Price is ₹555 (GMP + IPO price)
IRM Energy Limited Company Details
Company Overview: Incorporated in 2015, IRM Energy Limited is a gas distribution company specializing in the development, operation, and expansion of local natural gas distribution networks. The company is dedicated to providing value-driven energy solutions to a diverse customer base, including industrial, commercial, domestic, and automobile clients.
Geographical Presence: IRM Energy has established a strong presence in various regions, including:
- Banaskantha District, Gujarat
- Fatehgarh Sahib, Punjab
- Diu & Gir-Somnath, Daman & Diu, and Gujarat
Client Base: The company currently caters to the natural gas requirements of:
- 48,172 domestic clients
- 179 industrial units
- 248 commercial clients
Recognitions: IRM Energy Limited has been recognized for its contributions to the industry. In 2020, the company received the prestigious “City Gas Distribution- Growing Company of the Year” award from the Federation of Indian Petroleum Industries.
CNG Stations: As of September 2022, IRM Energy boasts a network of 216 CNG gas stations spread across its operational geographical areas.
IRM Energy IPO GMP FAQs
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What is IRM Energy IPO GMP Today?
The IRM Energy IPO GMP aka Grey Market Premium is ₹50.
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What are IRM Energy IPO Kostak Rates Today?
The IRM Energy IPO Kostak Rate is ₹ 1500.
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What is IRM Energy IPO Subject to Sauda Price Today?
The IRM Energy IPO subject to sauda price is ₹21000.
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IRM Energy IPO Expected Returns?
The IRM Energy IPO’s expected return is ₹50 per share (9.27%)
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Who is the owner of IRM Energy Ltd?
Dr. Rajiv Indravadan Modi, Cadila Pharmaceuticals Limited, and IRM Trust owner of IRM Energy Ltd.