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IRM Energy listing: IRM Energy stock lists at 5.5% discount to IPO price

IRM Energy s shares were listed at a discount of over 5% to the issue price on Thursday. The stock debuted at Rs 477.2 on NSE and Rs 479 on BSE, both down over 5%. However, analysts believe that the IPO was fairly priced and the company has a strong customer base and distribution network. The IPO received a healthy subscription of 27.05 times. IRM Energy is a city gas distribution company in India and plans to use the proceeds for capital expenditure and debt repayment. ....

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extinction event: IRM Energy IPO share allotment out. Here's how you can check the status

On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar s website. Here s how you can check the status on BSE. ....

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