ListedMainboardIRMENERGY

IRM Energy Limited

IRM Energy Limited is a mainboard IPO raising ₹545 Cr at ₹480 – ₹505 a share. It listed on 26 Oct 2023 and trades at ₹255 today, −49.5% against its issue price of ₹505. It was subscribed 27× in total.

505
Issue price
255
Price now
−49.5%
Since issue price
26 Oct 2023
Listed on
27×Subscribed (final) · all exchanges

27.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
21,16,8009,46,76,12645×
Foreign Institutional Investorsno separate quota2,36,90,419n/a
Domestic Financial Institutionsno separate quota3,94,21,382n/a
Mutual fundsno separate quota62,00,780n/a
Othersno separate quota2,53,63,545n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
15,87,6007,67,51,16848×
Non Institutional Investors10,58,4005,53,38,75752×
Corporatesno separate quota6,19,208n/a
Individualsno separate quota4,80,55,755n/a
Othersno separate quota66,63,794n/a
Non Institutional Investors5,29,2002,14,12,41140×
Corporatesno separate quota43,761n/a
Individualsno separate quota1,84,55,890n/a
Othersno separate quota29,12,760n/a
Retail
Ordinary investors bidding up to ₹2 lakh
37,04,4003,44,01,7729.29×
Cut Offno separate quota2,91,98,969n/a
Price bidsno separate quota52,02,803n/a
Employees2,16,0004,41,8442.05×
Cut Offno separate quota3,77,116n/a
Price Bidsno separate quota64,728n/a
Total76,24,80020,62,70,91027×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:08 pm IST.

How demand built

We hold no subscription readings for this issue.