Exchanges
BSE, NSE
Issue
Book building

IRM Energy IPO

₹473.15

−6.31% on listing

Listing-day close · NSE · 26 Oct 2023 · issue price ₹505

IRM Energy’s ₹545 crore IPO was priced at ₹505 a share. It listed on the NSE on 26 Oct 2023 and closed its first day at ₹473.15, down 6.31% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹545 Cr
Fresh issue
₹545 Cr
Offer for sale
—
Lot size
29 shares
Minimum investment
₹14,645
Face value
₹10
Registrar
MUFG Intime India

Subscription

IRM Energy IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—19.30×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,074 Cr
P/E (post-issue)
32.8
ROE
18.23%
ROCE
14.19%
Debt to equity
0.93
Promoter holding
67.94% → 50.07%

From the offer documents.

Listing

Listing date
26 Oct 2023
Issue price
₹505
Open
₹477.25
High
₹483.70
Low
₹450.00
Close
₹473.15

Listing day on the NSE. The close was −6.31% on the issue price.

IRMENERGY share price today

FAQs

When did the IRM Energy IPO open and close?

It opened on 18 Oct 2023 and closed on 20 Oct 2023.

What was the IRM Energy IPO price?

The price band was ₹480–505 a share. The final issue price was ₹505.

What is the lot size and minimum investment?

One lot is 29 shares, ₹14,645 at ₹505 a share. Retail investors apply in whole lots.

How much did IRM Energy raise?

₹545 crore: ₹545 crore of new shares.

How many times was the IRM Energy IPO subscribed?

19.30 times overall.

How did IRM Energy list?

It listed on the NSE on 26 Oct 2023 at ₹477.25 and closed the day at ₹473.15, down 6.31% on the ₹505 issue price.

Who is the registrar of the IRM Energy IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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