IRM Energy Share Price: Find the latest news on IRM Energy Stock Price. Get all the information on IRM Energy with historic price charts for NSE / BSE. Experts & Broker view also get the IRM Energy Ltd. buy/sell tips detailed news, announcements, Forecasts, Analysts, Valuation, Earning forecasts, Estimates, Recommendations, Analysts Ratings, financial report, company information, annual report, balance sheet, profit & loss account, results and more.
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.
The Cadila Pharmaceuticals-backed company is into the business of city gas distribution. Though IRM Energy’s profit and EBITDA margins fell drastically in FY23, many brokerage houses still swear by the company.