IRM Energy Ltd

IRM Energy Ltd IPO

IRM Energy Ltd IPO Price Range is ₹480 - ₹505, with a minimum investment of ₹14,645 for 29 shares per lot.

Minimum Investment

₹14,645

/ 29 shares

IPO Status

Closed

Price Band

₹480 - ₹505

Bidding Dates

Oct 18, 2023 - Oct 20, 2023

Issue Size

₹545.40 Cr

Lot Size

29 shares

Min Investment

₹14,645

Listing Exchange

NSE

IRM Energy Ltd IPO Application Timeline

passed
Open Date18 Oct 2023
passed
Close Date20 Oct 2023
passed
Allotment Date27 Oct 2023
passed
Listing Date31 Oct 2023

How to Apply for IRM Energy Ltd IPO on INDmoney

  1. Download the INDmoney app and complete your KYC.
  2. Go to INDstocks → IPO, or just search “IPO”.
  3. Tap on IRM Energy Ltd IPO from the list of live IPOs.
  4. View key details like price band, lot size, and dates.
  5. Tap Apply Now and choose your number of lots.
  6. Use INDpay UPI for instant mandate tracking.
  7. Your funds will be blocked until the share allotment is finalized.

About IRM Energy Ltd

IRM Energy Limited is a city gas distribution (CGD) company in India, with operations at Banaskantha (Gujarat), Fatehgarh Sahib (Punjab), Diu & Gir Somnath (Union Territory of Daman and Diu/Gujarat), and Namakkal & Tiruchirappalli (Tamil Nadu), engaged in the business of laying, building, operating and expanding the city or local natural gas distribution network. The Company is an integrated value driven energy enterprise, developing natural gas distribution projects in the geographical areas (GAs) allotted to it for industrial, commercial, domestic and automobile customers, and has built its competency as a CGD company by development of its existing GAs since 2017.

Frequently Asked Questions of IRM Energy Ltd IPO

What is the size of the IRM Energy Ltd IPO?

The size of the IRM Energy Ltd IPO is ₹545.4 Cr.

What is the allotment date of the IRM Energy Ltd IPO?

IRM Energy Ltd IPO allotment date is Oct 27, 2023 (tentative).

What are the open and close dates of the IRM Energy Ltd IPO?

The IRM Energy Ltd IPO will open on Oct 18, 2023 and close on Oct 20, 2023

What is the lot size of IRM Energy Ltd IPO?

The lot size for the IRM Energy Ltd IPO is 29.

When will my IRM Energy Ltd IPO order be placed?

Your IRM Energy Ltd IPO order will be placed on Oct 18, 2023

Can we invest in IRM Energy Ltd IPO?

Yes, once IRM Energy Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the IRM Energy Ltd IPO?

The potential listing gains on the IRM Energy Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for IRM Energy Ltd IPO?

'Pre-apply' for IRM Energy Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.