The IRM Energy IPO minimum market lot is 29 shares with ₹14,645 application amount. The IRM Energy IPO is a Mainline IPO, and it is to be listed on BSE and NSE.
IRM Energy 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. They are an integrated value-driven energy enterprise, developing natural gas distribution projects in the geographical areas (GAs) allotted to us for industrial, commercial, domestic, and automobile customers, and they have built their competency as a CGD company by developing their existing GAs since 2017. They focus on meeting the energy needs of customers in their GAs through their pipelines and CNG station network at a competitive price while maintaining high safety standards.
IPOWatch View
We recommend investors may apply for an IPO with Longterm Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
IRM Energy IPO Subscription Status – Day 3
Category | Subscription Numbers |
QIB | 44.73 |
NII | 48.34 |
bNII | 52.29 |
sNII | 40.46 |
RII | 9.29 |
EMP | 2.05 |
Total | 27.05 |
IRM Energy IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
IRM Energy IPO Review
- May Apply
IRM Energy IPO Form
How to apply for the IRM Energy IPO? You can apply for IRM Energy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the IRM Energy IPO in the Invest section. The other option is you can apply for IRM Energy IPO via IPO forms downloaded online. Check out the IRM Energy forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.