Irm Energy Limited
18 Oct 2023 – 20 Oct 2023
LISTED
Offer Price
₹480–505
Bid lot
29
Min Application
₹14,645
Issue Size
₹545 Cr
Key dates
Open date
18 Oct 2023
Done
Close date
20 Oct 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
26 Oct 2023
Today
Issue reservation
₹545 CrQIB 50%Retail 35%5%
QIB
54.0 L sh · ₹272.50 Cr
Retail
37.8 L sh · ₹190.75 Cr
Employee
5.4 L sh · ₹27.25 Cr
BRLM: BOB Capital Markets Limited · HDFC Bank Limited
Lot ladder — how much to bid
1 lot = 29 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
29 sh · ₹14,645
Max · 13 lots
377 sh · ₹1,90,385
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
406 sh · ₹2,05,030
Max · 68 lots
1,972 sh · ₹9,95,860
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
2,001 sh · ₹10,10,505
Entry point
₹10,10,505 onward
Issue details
Lead managersBOB Capital Markets Limited, HDFC Bank Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
28.58×
0×1×2×3×+
Oversubscribed
Book₹490.50 Cr
Subscribed₹14,017 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 53,96,040₹272.50 Cr | 24,13,64,847₹12,189 Cr | 44.73× |
| HNI | 16,18,812₹81.75 Cr | 7,82,53,365₹3,952 Cr | 48.34× |
| Retail | 37,77,228₹190.75 Cr | 3,50,90,445₹1,772 Cr | 9.29× |
| Employee | 5,39,604₹27.25 Cr | 11,06,188₹55.86 Cr | 2.05× |
| Total | 97,12,872₹490.50 Cr | 27,75,61,480₹14,017 Cr | 28.58× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 12,188.92 |
| HNI | 3,951.79 |
| Retail | 1,772.07 |
| Employee | 55.86 |
| Total | 14,016.85 |
Amounts at the upper band (₹505). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the IRM ENERGY LIMITED IPO?
One lot of 29 shares — ₹14,645 at the upper price band of ₹505.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-10-26 on NSE.