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IRM Energy IPO opens on October 18, price band set at ₹480-505 per share
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₹480 to ₹505 per equity share of face value of ₹10. IRM Energy IPO floor price is 48.0 times the face value of the equity shares and the cap price is 50.5 times the face value of the equity shares.
The price to earning ratio based on diluted earnings per share (EPS) for fiscal 2023 at the floor price is 22.93 times and at the cap price is 24.13 times. IRM Energy IPO lot size is 29 equity shares and in multiples of 29 equity shares thereafter.
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