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IRM Energy IPO grey market premium corrects amid D-St selloff; here s what to expect

The IPO of IRM Energy was open for bidding between October 18-20. The company sold its shares in the range of Rs 480-505 with a lot size of 29 equity shares.

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irm energy listing: IRM Energy IPO shares to list on Thursday What GMP signals ahead of debut

It is important to note that grey market premiums are just an indicator of how the company s shares are stacked up in the unlisted market and are subject to change rapidly. The IPO, which is completely a fresh equity sale of 1.08 crore shares, received a healthy subscription of 27.05 times at close. IRM Energy is a city gas distribution company in India, with operations in Gujarat, Punjab, Union Territory of Daman and Diu, and Tamil Nadu.

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IRM Energy IPO opens today – all you need to know about the issue

IRM Energy IPO opens today – all you need to know about the issue
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IRM Energy IPO: IRM Energy IPO to open on October 18 Here are key things to know about the offer

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