31 Mar 2020
Assets267.16
Total Income166.13
Profit After Tax21.07
NET Worth74.74
Reserves and Surplus30.31
Total Borrowing146.74
At a glance
Updated 2026-08-25IRM Energy is a Mainboard IPO with an issue size of ₹545.00 crore, proposed for listing on BSE, NSE. The offer opens on 18th Oct 2023 and closes on 20th Oct 2023. The issue structure includes a fresh issue of ₹545.00 crore. The current listing schedule points to 26th Oct 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹545.00 Cr
Fresh issue₹545.00 Cr
Face value₹10
Price band₹480.00–₹505.00
Allotment27th Oct 2023
Listing26th Oct 2023
Grey market
GMP page ↗Latest GMP₹18.00
GMP / upper price3.56%
Est. listing₹523.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens18th Oct 2023
Closes20th Oct 2023
Allotment27th Oct 2023
Refund27th Oct 2023
Demat30th Oct 2023
Listing26th Oct 2023
Subscription demand
Full bidding ↗Total27.05×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 29 | ₹14,645 |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure requirements for development of the City Gas Distribution network in the Geographical Areas of Namakkal and Tiruchirappalli (Tamil Nadu) in Fiscal 2024$ , Fiscal 2025, Fiscal 2026 and Fiscal 2027 | ₹307.26 Cr |
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | ₹135.00 Cr |
| General corporate purposes | ₹53.60 Cr |
Financials
Full financials ↗31 Mar 2021
Assets338.11
Total Income212.54
Profit After Tax34.89
NET Worth117.60
Reserves and Surplus67.57
Total Borrowing163.35
31 Mar 2022
Assets554.80
Total Income549.19
Profit After Tax128.03
NET Worth243.72
Reserves and Surplus193.30
Total Borrowing202.59
31 Mar 2023
Assets792.90
Total Income1,045.10
Profit After Tax63.14
NET Worth346.42
Total Borrowing303.83
30 Jun 2023
Assets838.21
Total Income248.63
Profit After Tax26.91
NET Worth373.33
Total Borrowing321.24
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
Valuation & shareholding
Pre-IPO EPS20.93
Pre-IPO P/E24.13
Post-IPO P/E32.8
Promoter holding pre67.94%
Promoter holding post50.07%
Market cap₹2073.51 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs' fees and commissions (including underwriting commission, brokerage and selling commission) | ₹14.03 Cr |
| Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs(1)(2)(3) | ₹1.84 Cr |
| Brokerage and selling commission and bidding charges for members of the Syndicate (including their sub-Syndicate Members), Registered Brokers, RTAs and CDPs(4) | ₹0.99 Cr |
| Fees payable to the Registrar to the Issue | ₹1.26 Cr |
| Fees payable to the other advisors to the Issue | ₹17.11 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹2.13 Cr |
| Printing and stationery | ₹1.52 Cr |
| Advertising and marketing expenses | ₹2.79 Cr |
| Fee payable to legal counsels | ₹3.72 Cr |
| Fees payable to the Monitoring Agency | ₹0.30 Cr |
| Miscellaneous | ₹2.82 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- BOB Capital Markets Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-25.