Home | NRI | Business Associates | Knowledge Bank | Careers | Back Office | Contact Us
 
 
Prospectus synopsis
 
IRM Energy Ltd
Registered Office: 4th Floor Block 8 Magnet , Corporate Park S G Highway , Ahmedabad - 380054 , Gujarat , India.
Phone:91-7949031500   Fax:
Email: investor.relations@irmenergy.com   Website:www.irmenergy.com
Initial public offer of 10,800,000* equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 505 per equity share (including a share premium of Rs. 495 per equity share) ("Issue Price") aggregating to Rs. 544.36 crores* (the "Issue"). The issue includes a reservation of 216,000* equity shares for subscription by eligible employees (as defined herein) ("Employee Reservation Portion"). The issue less the employee reservation portion is referred to as the "Net Issue". The company in consultation with the book running lead managers, has offered a discount 9.50% of the issue price equivalent of Rs. 48.00 per equity share to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue and the net issue shall constitute 26.30% and 25.78%, respectively, of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each. The issue price is Rs. 505 per equity share which is 50.5 times the face value of the equity shares. *Subject to finalisation of basis of allotment.

Issue
Money Payable On
Opens On
Closes On
Application
Allotment
18-Oct-23 20-Oct-23 Rs 505.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 29   Further Multiples of : 29


 
Rs Cr
Lead Managers to the Issue
Project Cost 495.86
Project Financed through Current Offer 544.36  
Post Issue Equity Share Capital 41.06  
Issue Price Rs.505.00  
 
Projects
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company General Corporate Purposes
Promoted By
Listing At
Registrar to the Issue
 
 < Back Top
BSE Disclaimer     |     Disclaimer     |     Privacy Statement     |     Terms of Use     |     Feedback     |    Sitemap     |    Downloads    |     Client Bank Details
Useful Links   | Risk Disclosure   | Rules and Regulations   |   Investor Charter / Complaints   |   Smart ODR   |   Scores   |   Attention Investors   | Audit Compliance Report   | RA – Annual Compliance Audit Report 2024-25   | UPI IDs for Payment

SEBI Saa₹thi Mobile App/SEBI Investor Website  

SSJ FINANCE & SECURITIES PRIVATE LIMITED:
1st Floor, Merchant Chamber, Opp. Patkar Hall, 41, New Marine Lines, Mumbai – 400 020
SEBI Regn. Number: INZ000178436 | CDSL: IN-DP-109-2015 | ARN: 40860 | CIN: U67120MH1996PTC104822
SSJ COMMODITIES PRIVATE LIMITED:
SEBI Regn. Number: INZ000013439 | CIN: U51909MH2003PTC140481|Research Analyst SEBI Reg. No.INH000001527
2006-07 © SSJ Finance & Securities Pvt. Ltd. All Rights Reserved Designed, Developed & Maintained By
C-MOTS InfoTech(ISO 9001:2015 & ISO/IEC 27001:2022 Certified)
Content powered by Capital Market Charts are powered by TradingView