IRM ENERGY LIMITED IPO

Mainboard IPOListedIRMENERGYNSE

Current Market Price (CMP)

₹231.45(-54.17%)

Current Price (CMP)

₹231.45(-54.17%)

Live Market Quote

Listing Price & Gain

₹477.25(-5.50%)

Day 1 Exchange Open

IPO Issue Price

₹505

Band: ₹480 - ₹505

Total Subscription

27.05x

Overall Bid Demand

Total Issue Size

—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens

18 Oct 2023

IPO Bidding Closes

20 Oct 2023

Allotment & Refunds

Completed

Exchange Listing Day

26 Oct 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 27.05x

Investor Category	Subscription	Shares Offered	Shares Bid
Qualified Institutional Buyers (QIB)	44.73x	21,16,800	9,46,76,126
Non-Institutional Investors (NII / HNI)	48.34x	15,87,600	7,67,51,168
Retail Individual Investors (RII)	9.29x	37,04,400	3,44,01,772
Employees Reservation	2.05x	2,16,000	4,41,844
Total Subscription	27.05x	76,24,800	20,62,70,910

Updated as on 20-Oct-2023 17:00:00

Listing Day & Return Performance

Listing Day Gain-5.50%

₹505 (Issue) → ₹477.25 (List)

Per share profit: ₹-27.75

Holding Return (Till Date)-54.17%

₹505 (Issue) → ₹231.45 (CMP)

Net gain per share: ₹-273.55

Post-Listing Performance (Listing Day → Today):-51.50%

About IRM ENERGY LIMITED IPO

IRM ENERGY LIMITED is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 18 Oct 2023 and concluded on 20 Oct 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹480 - ₹505.

During the bidding window, IRM ENERGY LIMITED witnessed heavy demand with an overall subscription of 27.05 times. Institutional investors (QIB) subscribed 44.73x, non-institutional high-net-worth investors (NII) subscribed 48.34x, and retail individual investors (RII) bid 9.29x their reserved quota, alongside employee participation of 2.05x.

The equity shares of IRM ENERGY LIMITED officially debuted on the stock exchanges on 26 Oct 2023 at an opening listing price of ₹477.25, delivering a listing day return of -5.50% (discount) over the final issue price. As per the latest market data, the stock trades at ₹231.45, representing an overall decline of -54.17% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of IRM ENERGY LIMITED IPO?

The issue price of IRM ENERGY LIMITED IPO was fixed at ₹505 per equity share. The indicative bidding price band was ₹480 - ₹505.

What were the open, close, and listing dates for IRM ENERGY LIMITED IPO?

IRM ENERGY LIMITED IPO opened on 18 Oct 2023, closed on 20 Oct 2023, listed on 26 Oct 2023.

How much was IRM ENERGY LIMITED IPO subscribed?

The IPO received an overall subscription of 27.05 times. Category-wise, QIBs subscribed 44.73x, NIIs subscribed 48.34x, and Retail investors subscribed 9.29x.

What was the listing price and listing gain of IRM ENERGY LIMITED IPO?

IRM ENERGY LIMITED IPO listed on the stock exchange at ₹477.25, delivering a listing discount of 5.50% compared to the IPO issue price of ₹505.

Is IRM ENERGY LIMITED IPO a Mainboard or SME IPO?

IRM ENERGY LIMITED IPO is a Mainboard IPO listed on the main exchange of NSE.

What is the current return of IRM ENERGY LIMITED IPO since its IPO?

At the latest market quote of ₹231.45, IRM ENERGY LIMITED IPO has generated an all-time return of -54.17% since its initial public offering.