The IRM Energy IPO subscription status has started on October 18, 2023, and it is also being subscribed by QIB, NII, and RII. The IRM Energy IPO began on October 18, 2023 and will end on October 20, 2023. IRM Energy IPO is preparing to raise ₹545.40 crores through its fresh issue and the IRM Energy IPO price band is fixed ₹480 to ₹505 per share. Check out IRM Energy IPO GMP here.
IRM Energy Limited is a gas distribution company in India. The company engaged in the business of laying, building, operating and expanding the city or local natural gas distribution network. The company develop natural gas distribution projects in the geographical areas (“GAs”) allotted to us for industrial, commercial, domestic and automobile customers.
IRM Energy IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the IRM Energy IPO Subscription Status, you can see the below-day Subscription.
IRM Energy IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹63.14 Cr ₹505 EQ 20.93 24.13x 18.23 % 18.23 % 14.19 % 0.93 ₹114.48 ₹792.20 Cr ₹2073.51 Cr 67.94 % – % |
| Team Review : | ✔ Apply For Long Term |
IRM Energy IPO Subscription Status {Live Update} :
The total IRM Energy IPO Subscription Status subscribed 27.05x times so far, with QIB subscribed 44.73x and NII subscribed 48.34x times & RII 9.29x times and EMP 2.05x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 1.07x | 1.18x | 44.73x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 2.60x ______ 2.23x 3.34x | 9.10x ______ 8.17x 10.95x | 48.34x ______ 52.29x 40.46x |
| RII : | 1.79x | 4.38x | 9.29x |
| EMP : | 0.38x | 0.94x | 2.05x |
| Total : | 1.79x | 4.37x | 27.05x |
IRM Energy IPO Net Shares Offered:
IRM Energy IPO is a public issue of 10,800,000 equity shares. The issue offers 2,116,800 shares to qualified institutional buyers, 1,587,600 shares to non-institutional investors, and 3,704,400 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor Investor : | 3,175,200 | 160.35 Cr |
| QIB : | 2,116,800 | 106.90 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 1,587,600 ______________ 1,058,400 529,200 | 80.17 Cr _______ 53.45 Cr 26.72 Cr |
| RII : | 3,704,400 | 187.07 Cr |
| EMP : | 216,000 | 10.91 Cr |
| Total : | 10,800,000 | 545.40 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
IRM Energy IPO Subscription Status FAQs :
How much was the total IRM Energy IPO Subscription Status?
The total IRM Energy IPO Subscription Status 27.05x times Day 3.
What is the IRM Energy IPO retail subscription Status?
IRM Energy IPO Retail Subscription 9.29x times Day 3.
How much is the IRM Energy IPO QIB subscription Status?
The IRM Energy IPO QIB subscription 44.73x times Day 3.
How much did IRM Energy IPO NII subscribe?
IRM Energy IPO NII Subscription 48.34x times Day 3.
What is IRM Energy IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is IRM Energy IPO Allotment Date?
IRM Energy IPO allotment date is 27 October 2023.
What is IRM Energy IPO Listing Date?
IRM Energy IPO listing date is 31 October 2023. The IPO to list on NSE, BSE
How to Apply the IRM Energy IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “IRM Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the IRM Energy IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “IRM Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the IRM Energy IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “IRM Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the IRM Energy IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “IRM Energy IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| IRM Energy IPO GMP: Click Here IRM Energy IPO Details: Click Here IRM Energy IPO Allotment: Click Here IRM Energy IPO Listing: Click Here |
All IRM Energy IPO-related links are available here. If you want to know the details then click on Click Here Link.
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