IRM Energy IPO | IRM Energy IPO Review | IRM Energy IPO Analysis
IRM Energy is has come up with an IPO.
In this video, Our Research Analyst Parul Rao shares with us a complete overview of the company, its business, and the ongoing IPO.
So, watch the interview to know if the IPO is worth investing in
IPO Date: October 18, 2023 to October 20, 2023
Face Value : ₹10 per share
Price Band: ₹480 to ₹505 per share
Lot Size: 29 Shares
Total Issue Size: 10,800,000 shares (aggregating up to ₹545.40 Cr)
Fresh Issue: 10,800,000 shares (aggregating up to ₹545.40 Cr)
Kindly read our view on the IPO by clicking on the below link -: https://rb.gy/ngb57
🌐To start trading with us visit SAMCO's website: https://rb.gy/4kgc3
🌐 Open a Free Demat Account: https://rb.gy/9fugj
About the company:
IRM Energy is a city gas distribution (“CGD”) company in India, with operations at Banaskantha (Gujarat), Fatehgarh Sahib (Punjab), Diu & Gir Somnath (Union Territory of Daman and Diu/Gujarat), and Namakkal & Tiruchirappalli (Tamil Nadu), engaged in the business of laying, building, operating and expanding the city or local natural gas distribution network. It develops natural gas distribution projects in the geographical areas (“GAs”) allotted to them for industrial, commercial, domestic and automobile customers.
CNG (Compressed Natural Gas): The customers include operators of public transport vehicles such as taxis, auto-rickshaws, and private vehicles such as cars, buses, light goods vehicles and heavy goods vehicles.
PNG (Piped Natural Gas): The PNG customers are broadly classified into three segments, which are, industrial PNG (small, medium and large-sized enterprises), commercial PNG (such as hotels, restaurants, bakeries, hostels and community halls) and domestic PNG (predominantly using PNG as cooking gas).
IRM Energy has positioned itself as the provider of one of the safest, cleanest and most cost-effective fuels for households, commercial establishments and industrial units as well as for fuel requirements in transport segment. (Source: CRISIL Report).
Subscribe to our channel and hit the notification bell to stay updated with our latest videos. Don't forget to like and share this guide with fellow investors who want to unlock the power of accurate return calculations. Get started on your path to financial success today!
To get more such insightful updates visit - https://bit.ly/46w3CQC
🌐 Visit SAMCO's Samshots Page: Explore our Samshots page today and unlock the power of stock market recommendations. Simply visit https://bit.ly/46w3CQC to access our curated collection of insights and recommendations.
📩 For support and inquiries, reach out to SAMCO: https://bit.ly/3XyM5TX
You can also follow us on:
Facebook - / samcoindia
Instagram – / samco_india
LinkedIn – / samco
Twitter – / samco_india
Telegram - https://t.me/official_samco