Also Read: Sebi approves IPOs by FirstMeridian Business, IRM Energy, and Lohia Corp 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.
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