IRM Energy Limited IPO GMP, Date, Lot Size, Review, Allotment Status 

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IRM Energy Limited IPO is an upcoming initial public offering (IPO) of the company’s equity shares. The company is a leading manufacturer of solar panels and other renewable energy products. The GMP for the IRM Energy Limited IPO is ₹105 as of October 12, 2023. This means that investors are willing to pay ₹105 per share for the shares of the company in the grey market.

IRM Energy Limited IPO GMP

The IPO is expected to open for subscription on October 18, 2023, and close on October 20, 2023. The listing of the shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) is expected to take place on October 31, 2023.

The IRM Energy Limited IPO is an attractive investment opportunity for investors who are looking to invest in the renewable energy sector. The company has a strong track record of growth and profitability, and its products are well-regarded in the industry. The IPO is expected to generate ₹545.40 crores, which will be used to fund the company’s expansion plans and to reduce debt.

IRM Energy Limited IPO Date

The IRM Energy Limited IPO is scheduled to open for subscription on October 18, 2023, and close on October 20, 2023. The basis of allotment of the shares will be finalised on October 27, 2023, and the refunds will also be initiated on the same day. The demat credits are expected to happen on October 30, 2023, and the stock is scheduled to list on October 31, 2023, on the NSE and the BSE.

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IRM Energy Limited IPO Lot Size

The lot size for the IRM Energy Limited IPO is 29 shares. This means that investors can apply for a minimum of 29 shares and multiples thereof. The minimum investment required to apply for the IPO is ₹14,645.

IRM Energy Limited IPO GMP

For example, if an investor wants to apply for 58 shares of IRM Energy Limited, they will need to apply for 2 lots. If an investor wants to apply for 87 shares of IRM Energy Limited, they will need to apply for 3 lots.

IRM Energy Limited IPO Review

IRM Energy Limited is a leading manufacturer of solar panels and other renewable energy products. The business has a proven track record of profitability and expansion.The company’s products are well-regarded in the industry and are used by a wide range of customers.

The company’s IPO is expected to generate ₹545.40 crores. The proceeds from the IPO will be used to fund the company’s expansion plans and to reduce debt.

IRM Energy Limited IPO Allotment Status

The allotment status of the IRM Energy Limited IPO will be finalised on October 27, 2023. Investors can check their allotment status on the websites of the BSE and the NSE.

IRM Energy Limited IPO allotment status is expected to be released on October 27, 2023. Investors can check their allotment status on the websites of the BSE and the NSE.

To check your allotment status, follow these steps:

  1. Go to the official website and click on the “IPO” tab.
  2. Click on the “Status” link.
  3. Select the “IRM Energy Limited” IPO from the list of IPOs.
  4. Enter the PAN card or application number.
  5. Click on the “Submit” button.

If you have been allotted shares in the IPO, you will need to pay for the shares before they are credited to your demat account. The payment deadline will be mentioned in the allotment status notification.

If you have not been allotted shares in the IPO, your investment amount will be refunded to your bank account within 7 working days of the finalisation of the allotment status.

IRM Energy Limited IPO Refund & Listing

Investors who are not allotted shares in the IRM Energy Limited IPO will receive a full refund of their investment amount. The refunds will be credited to the bank accounts of the investors within 7 working days of the finalisation of the allotment status.

The shares of IRM Energy Limited are expected to list on the NSE and the BSE on October 31, 2023.

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