IRM Energy Limited IPO Message Board (Page 17)

Gmp 52 ?

45-50

IGL and MGL both are down due to the news of Delhi Govt news on cab company to use EV, so 30% of volume of revenue will be affected, whereas IRM has no effect due to this as it has business mainly in Gujarat.

QIB increase

Applying FF..

This company though appears similar to Mahanagar Gas and IGL, financials and promoter backing seem superior. Three states in north will get added with TN circle later. Domestic gas will not have any competition from solar. Even the EV threat is overstated, considering that countries with head start with 5 to 7 years ahead of India in EV vehicle population are still more than ten years away from dependency on oil & gas at least. Most importantly, small equity base of 41 Cr with likely annual profit of 100 Cr and a debt free status in future as part of IPO will be used to pay off debt attracts an investment. Cadila group has past record of rewarding shareholders. Recently they concluded a buy back in Cadilla Pharma. As an early investor in IGL and Gujarat Gas rewards were multifold. Investing two BHNI

Happy investing to all

any body have current gmp?

45 buyer 50 seller

What are the estimated qib subscriptions?

Mahanagar gas ki p/e just 11 hai
Price to book is just 2X
Jabki roe, roce is 22

Iss hisab se price double hona chahiye mgl ka
Gas company me mujhe yhi issue h, valuation bhot kam milta h
Same with indraprasth gas.

Guys dnt apply for listing gain, it can fall post listing due to its sector as average p/e of this sector is less than half..

Apply only if you can sell your application in grey market, that will be best way to book some free cash,,9% profit is also not bad..

​@Sandapaul  You have more interest in my username than the point of discussion, if you tried understanding what the promoter was saying, you would get that they themselves admitted that earlier growth rate cannot be sustained as and when the company grows up and they never made projections based on the earlier growth rate. But where does this imply that the company is not good when promoter says something like this. And i never told any member to apply, but only objecting to the misinformation being spread. PERIOD.

Wo ayenge ya nahi, I applied retail yesterday

Meanwhile, today IGL and MGL are down 11% & 9% resp. Gujarat Gas made a new 52 week low today.

Not getting full conviction to apply.

Karan Arjun nahi aayenge

What should we do? Apply or avoid?
I'm here mostly for listing gains and max can hold only short term!
Experts please help.

​@newgen consultancy Waiting at 1.30
i have time upto 2.00

My name in bank account is as per adhaar and with zerodha is as per Pan. The sequence of my first name, last name and middle name is different. Will it cause problem in allocation?

No @CFA JDR , in one of my earlier applications the same situation was there with one of my relative, although allotment was not received, but the application made was successful

If you are unsure about this then verify this without asking question to anyone:

https://validate.cvlindia.com/CVLKRAVerification_V1/
https://eservices.nsdl.com/instademat-kyc-nomination/#/login

Waiting for 2pm sharks to wake up 😅😂. Usko baad decision banega

Hi All,

I am checking subscription figures on NSE.
Updated as on 20-Oct-2023 12:28:05 hrs

Qualified Institutional Buyers(QIBs) 1.19
BIG HNI 9.80
Small HNI 9.75
Retail 3.29
Employee 0.52Total 3.98

But in Chittorgarh subscription details are double. @Admin @ Chittorgarh.com  Is there any issue at website.
Please share your views

​@Sambhav Jain Bhai apko usme consolidated select karna padega apne sirf nse ka data dekha hai, chittorgarh site pe sab sahi hai ll

Thank You @IPO KING MAKER  and @RAJ ARYA for correcting me.

​@newgen consultancy @Jetha Lal @B.M.SURANA Sir And all other experts pls give suggestion about this ipo to apply or not for listing gain purpose only.
Thanks to all

​@B.M.SURANA Sir mera broker koi Kostak rate nahin de raha (BHNI). so just wanted to confirm with you?
BHNI application ka koi Kostak rate chal raha hai? S2 ka bhi rate update de do pls.

Thanks  🙏

HNI
Koshthak Mein kaam nahin ke barabar hai.
HNI APPLICATION
Subject to allotment
₹14000/= ₹15000/=
​@Chirag Agrawal

Any there solutions Other than YONO LITE for third-party applications?

Union bank still accepts third party.
Got allotment in JSW infra .
Applied here 20 SHNI third party.

Try third party upi, it's work or not..? It decide by allotment...what is the reason for not alloted..

I guess the only solution to this problem of "Off-topic Posts" is a Simple Sort mechanism at beginning of comments section:
Sort by :
1.Recent posts from top contributors ( I guess they won't be spammers, those with 200+ likes and posts)
2.newest comment/ most active thread
3. View All

Hello. What is the cut off time to apply from ICICI ASBA?
TIA.

3Pm for HNI apps and 4 or 5pm for retail.