Free Account Opening + AMC Free Demat
Loading...
October 18, 2023 - October 20, 2023

IRM Energy IPO FAQ

IRM Energy IPO Date & Price

The IRM Energy IPO opens on October 18, 2023 and closes on October 20, 2023.

IRM Energy IPO timetable / schedule is as below:
  • Bid/Offer Opens On: October 18, 2023
  • Bid/Offer Closes On: October 20, 2023
  • Finalization of Basis of Allotment: October 27, 2023
  • Initiation of refunds: October 27, 2023
  • Credit of Equity Shares: October 30, 2023
  • Listing Date: October 26, 2023

IRM Energy IPO price is set at ₹505 per equity share.

IRM Energy IPO will close for subscription at 5 PM on October 20, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The IRM Energy IPO starts on October 18, 2023. The issue ends on October 20, 2023.

IRM Energy IPO Issue Size and Subscription Status

The IRM Energy IPO size is 10800000 Equity Shares of ₹10 aggregating up to ₹545.40 Cr.

IRM Energy Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for IRM Energy IPO shares through the banks (using ASBA) or through the broker (using UPI).

IRM Energy IPO Offer Size

Qualified Institutional Buyers (QIB)2,116,800 Shares
Non-Institutional Investors (NII)1,587,600 Shares
Retail Individual Investor (RII)3,704,400 Shares
Employee Reservations216,000 Shares
Other Reservations0 Shares
Total Issue Size7,624,800 Shares

IRM Energy IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)44.73 times times
Non-Institutional Investors (NII)48.34 times times
Retail Individual Investor (RII)9.29 times times
Employee Reservations2.05 times times
Other Reservations times
Total Issue Size27.05 times times

Click here to check the IRM Energy IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in IRM Energy IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check IRM Energy IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

IRM Energy IPO Allotment and Listing

The IRM Energy IPO allot status will be available online on October 27, 2023. Check the IRM Energy IPO Allotment Status here.

Click here to check IRM Energy IPO Allotment Status.

IRM Energy IPO listing Date is October 26, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The IRM Energy IPO listing date and time is published by the exchange in a circular.

Click here to view the IRM Energy IPO Basis of Allotment.

It is hard to say at what price IRM Energy IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The IRM Energy IPO shares will list on October 26, 2023 at BSE, NSE.

IRM Energy IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about IRM Energy IPO which could help you with questions like IRM Energy IPO buy or not? You should also read IRM Energy IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

IRM Energy IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the IRM Energy IPO performance. The performance reports are available 1 day after listing.